Cornix's TA Performance

dom993 · Jun 3, 2013

There are a fair number of traders who's performance is on display on the RAPACapIntro website, in all cases the NAV is provided, and helps gauge how serious traders are with their strategies.

I would suggest Cornix to join these traders (MT4 or IB required, I believe), or short of that, at least provide the same level of transparency.

Also, since it is your journal Cornix, may be you could provide your "definition" of TA, and which aspects of TA you are using in your trading.

Good trading to you

cornix · Jun 3, 2013

Quote from marketsurfer:

Cornix, serious question, what happened in Forex trading? Your name use to be CornixForex and you started on this site as an FX expert. why the switch over, did you blow up in FX? Nothing wrong with that, just curious about what happened. thanks
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I have never blew up in my whole trading career. Simply optimized my time: instead of sitting 10 hours in front of the screens I now spend 3-4 hours in total and mostly in the evenings which suits my schedule better for family reasons. Also NQ moves better lately, because low interest rates resulted in FI and FX going dull while risk is on with stocks.

cornix · Jun 3, 2013

To stop the nonconstructive and off-topic discussion on the blotters I suggest the following (RM's idea inspired me):

if anyone from the regulars (obviously not some suspicious aliases registered in June 2013, lol) doubts my blotters or claims of the trades, you are welcome to publicly announce it here and bet say $10,000 (ten thousands US dollars, to make it feel serious) on that fact, also publicly in the thread so that everybody sees and a few witnesses among regular forum members confirm it.

I then privately provide a rock solid proof (such as an official postal version of the statements or similar being faxed or postal mailed to you) of the fact that all of the trades posted here and only those trades were done in at least one live account since the date of the thread start. If I fail to provide such a proof, I openly say here that I lost the bet and owe you $10,000 (ten thousands US dollars) in which case, if I also fail to pay you are more than welcome to expose me as a liar and a scam artist.

Case closed. I don't want to spend my time discussing blotters credibility anymore. So if anyone doubts, put the money behind your words, we're traders here, not just posters, right?

cornix · Jun 3, 2013

Quote from oraclewizard77:

Cornix,

Wow such a long thread already. Is it possible, you post a chart of ES and/or CL, with one of your past profitable trades on it. I know the haters don't like previous chart annotations, but some of like to learn new things.

If you don't want to do it in public, can you just e-mail it to me.

I been studying my trade now that I finished trading for the day to make sure I understand completely why it worked so I can replicate it in the future without doubt that I entered a good setup.
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Oracle,

I'm not much into ES and CL, my toy for the last months is NQ. Thinking of coming back to 6E part-time as well and adding ES as a backup instrument (sometimes NQ doesn't have a good signal and ES does).

cornix · Jun 3, 2013

Quote from wrbtrader:

I think you set yourself up in your opening first statement via being clear that the purpose of this thread is to show you're using TA profitably...it attracts more debates that often derail most threads like this one. Also, you're also setting yourself up via engaging (replying) those against TA here in your thread. Eventually the rat pack will show up to ruin your journal.

Not sure why you're doing such but hopefully its not because you think others at ET has not proven TA works for them when in fact several have over the years. Further, there's already existing "Trader P/L" threads. There's also old journals (profitable users of TA) where folks posted real-time trades...others posted statements and one particular guy posted daily actual videos of his trades.

Yeah, these folks didn't have journals that lasted many years but they did show for the time span they did their journal, they were profitable while using TA even though the OP of the thread did not have the goal to prove TA worked. Thus, their journals were for other reasons and they weren't doing such as a reaction to those that don't like TA.

Simply, they used TA but didn't talk about it in their journals. That's my opinion about why those types of journals go "under the radar" and don't get much attention. I think that's the best way to prove TA works because any other way (like this thread)...

It will never satisfy the TA haters especially when you use words like "pure TA" when in fact you're using other tools (e.g. trade management, trade experience, discipline, money management). The only folks I would say that can use those types of words like "pure TA" are automated traders that are into TA.

With that said, considering you're using this thread to prove something...you're going to need a minimum to two types of verification to corroborate each other that most traders can easily do on their own without a third party involvement.

1) P/L Blotters with recorded video of trades

2) P/L Blotters with real-time trade post

3) Real-time trade post with recorded video of trades

4) P/L Blotters, recorded videos and real-time trade post (too time consuming for the average trader)

Recommend you post this info "outside" of ET and then just link to it here at Elitetrader.com so that you'll be 100% in control of the content...resulting in less arguments.

P.S. Anyone that thinks the average ET trader should be providing more proof beyond the above...you're being unrealistic.
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Thanks for the comments, Mark.

Sorry I didn't mean to claim nobody before proved this fact, I am more than sure many did and I know that you do it every day with amazing consistent results (outside of ET).

Just wanted to present my version of the history so to say.

cornix · Jun 3, 2013

Quote from toolazy:

Well done for the day

Can you just for once mark on minute chart entry and exit bar so I can synchronise time with my chart ?
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Immediately after ISM report. As for the charts, I'd prefer not go off-topic and direct the debate into particular setups/patterns etc.

cornix · Jun 3, 2013

Quote from marketsurfer:

That's because I am posting here. I have been waiting since 2003 for someone to prove TA, and I am still waiting, but still hopeful. Let us hope he keeps his promise:

"After multiple arguments on the matter I decided to bring a bit of objectivity to the field of continuous holy war and demonstrate some of the actual performance achieved with use of a couple simple TA signals. Will I prove TA has some value or the opposite, time will show"

surf
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Notice, I didn't claim I prove TA works. I said time will show. I trade solely based on TA (which is - candlestick price charts only to make trading decisions). Maybe I prove the opposite and epically blow up here, who knows.

cornix · Jun 3, 2013

Quote from Samsara:

You're correct. As has been the case for years, the subject matter of every marketsurfer call or conversation is never about the topic or instrument in question, it's ultimately marketsurfer's need for attention. That's the kernel in every sentence, and ongoing disagreement is needed to feed that.

Until he develops genuine self-esteem (which entails actual humility and respect for others) this will be the direct cause of his trading mishaps.

Stuff like this gets to the core of why traders lose money.
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Yea, we certainly have some huge egos here in the thread among us.

As my goal is not their satisfaction, please expect my posting pace to slow down to basically posting daily/weekly/monthly blotters and answering some constructive questions maybe.

And whoever doesn't like anything or doubts... I posted the solution already.

jack hershey · Jun 3, 2013

Quote from Lord.Maushi:

It is, if he posts. a timestamped blotter.
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I posted time stamped blotters (prints was my term); I am fairly sure MS does not know how to read such. Neither did Pekelo, ET's defacto head educator.

cornix · Jun 3, 2013

Quote from marketsurfer:

I agree with you. I don't think he will photoshop but I do think he will convienently leave out losing days by just saying I didn't trade that day. Remember we are dealing with a guy who scoffs at consistent 20% annual returns saying that's poor trading. In addition, the reason he was banned from surf report is I suspect some stealth vendering going on. Remember, he manages money for others, is friends with TAexpert, a proven vendor and makes wild claims. Not to mention is located off shore FAR from any oversight in Siberia. All the ingredients for a vendor.

With that said,

It doesn't mean he's not an exceptional trader. I'll defer to elite for that conclusion rather than let my bias get in the way. Remember, this thread was created to prove TA, not Cornix skill. So far, it has failed in its stated mission. surf
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A few wrong claims to correct:

1) Goal is show if TA works for me or not. Maybe it won't. It's really hilarious how you started to defend even before I provided any serious arguments.

2) Already posted regarding statements, if you have any doubts, why not make $10K or put me down forever as a scam artist?

BTW, blotters will be continuous with overlapping trades without any "gaps". Losing days and weeks WILL happen, believe me.

3) I never was BANNED from your journal. Just got tired of useless argument there and left. Nobody forced me to do so, ever. If you doubt, ask Magna.