No. Both corn and doji claim their TA can be automated--- if so, it's only TA at work not subjective reasoning or experience. Perhaps they have said other things--- I have no clue but that would be typical of stealth vendors. Remove TA from the equation and the success factor would be equal. IF these folks are successful, and that's a big IF, it's despite TA not because of it. Have you read Aronsons book about the truth of TA? What is your opinion?
Hmmm, very interesting. In your own journal you contradict yourself by saying, and I paraphrase, that you do not suggest how anyone should trade, that you only post how you trade. http://www.elitetrader.com/vb/showthread.php?s=&threadid=263424&perpage=6&pagenumber=191 It's weird because your below quote sounds an awful lot like you suggesting how someone else should trade. Just some food for thought as I'm sure Cornix doesn't need you to tell him that his method would be better off without TA.
There you go again, trying to extend the debate via your typical of stealth vendors commentary about cornix and NoDoji. Didn't others say the same about you ? Is that what this is really all about to you...you're belief these guys/gals are vendors. Lets pretend they were vendors. They are not violating any of ET rules and because of such are welcome. Heck, Baron and Joe have said vendors are welcome here at ET just as long as they don't advertise or market themselves here without being a sponsor. Regardless, I've never seen cornix or NoDoji promote a service here that one would consider to be there own service. Also, I've never seen them use phrases like "we", "our", "my students" and so on. Please correct me if I'm wrong considering I haven't read every message post they've ever made here at ET. By the way, as I stated to you many times in the past, keep using whatever it is that you think is one of the reason you're profitable. Thus, if you or anyone else is using TA as a trading tool with other tools...it would be kind'uv silly to throw it out or change elements of their trading plan just because someone else disagrees with the notion of TA + Other Tools can result in profits. Last of all, if their methods could be automated, wouldn't these particular profitable discretionary traders have already done such after all of these years. TA + Real Information...I agree with you on that.
Guys, I remind you this is first and foremost a trading journal. Cornix has made it clear he doesn't mind constructive argument, the keyword being constructive, but we need to balance that with this being a performance journal. For those who want to delve into the nuances of Technical Analysis ad infinitum best to start your own thread. Thanks.
Magna, since you're so reactive here, would you mind informing what is allowed on this >300-post journal with *three* trades posted? Where is the TA? Performance? We'll be driving hovercars by the time it is proven that Cornix's TA is profitable. A trading journal where <1% of the posts are actual trades?
I will appreciate if number of the off-topic posts declines so that percentage of actual calls among posts increases. Also there's no rush, I never promised to provide X calls within Y period of time. So, hovercars? Maybe, I'm not in a hurry. P. S. Four trades.
Four trades is page one, we are on page 56 so I'd say the horses have bolted. Still, it's your journal and we should respect your wishes. What we really need is a thread in the TA forum "Surf's Great TA Denigration and Debate". Very clear title and statement of intent. Roll up folks, all welcome. We might wind up with more pages than the FTT thread.
Yeah, 1% on-topic isn't hard to beat, eh? I've never seen such a reaction from mods in a journal where the OP and everyone else discusses everything BUT trading.
Surf's journal is much less about actual trading, yet it's alive and well. I suggest move the general TA debate into a separate thread indeed and myself will just stick to posting performance here with on-topic discussion only.