Surf if you don't want to use TA then don't use it. Why must you invade every damn thread that talks about it attenpting to convince a largely resistant audience to listen to your opinion on it? Let it fucking go - we're tired of hearing about it and it's been beaten to death.
Ok, i tried. If u don't like Marketsurfer insights, put marketsurfer on ignore and poof he is gone. Please do. Thanks, surf
EPrado and all, I recommend you guys leave surf alone. He's very confused and he's own a broken record that keeps spinning while repeating the same tune. Seriously, he posted brokerage statements of Timothy Sykes here at ET to prove his friend is a profitable trader while he didn't acknowledge his friend uses TA/PA in his trading until I said something about it. His response is that his friend uses TA/PA with other things but only for descriptive purposes. I then posted Sykes own words that TA/PA is being used for "trade decisions". Simply, surf has his proof and those statements he posted of a profitable trader that uses TA/PA can't be erased. He's also on record here at ET in stating that the PA method called "The ACD Method" looks like its useful. That thread is frequent by his other friend name Maverick that carries the thread. Very strange, surf does not go into that thread and tell anyone that uses that PA method that he wants to see proof, its luck or anything...he stays clear of the thread and its the LARGEST and LONGEST running TA/PA thread here at Elitetrader.com As you can see, if you're not a friend of surf...TA/PA is not useful. In contrast, if you're a friend of surf and you're profitable...he'll go out of his way to prove that his friend is profitable but he will minimize as much as possible the TA/PA aspect of your trade method because he wants to maintain the facade that TA/PA doesn't work. Heck, I wouldn't be surprise if there's other TA/PA users besides Sykes and Maverick that he doesn't want us to know that he supports while knowing they use TA/PA to help with their trade decisions. Therefore, the next time he ask for proof...just remind him that he's already posted that info himself here at Elitetrader.com via the brokerage statements of Timothy Sykes. ***It all changed for surf when he posted Sykes brokerage statements to prove that Sykes in fact was profitable trader.*** P.S. As a reminder, the biggest TA/PA thread here at ET @ http://www.elitetrader.com/et/index.php?threads/the-acd-method.170318/ Its begin date is July 16th 2009...that's +6 years and still going strong. Let surf explain why he's not in that thread demanding proof from Maverick and every other TA/PA user in that thread. Seriously, in light of Sykes and The ACD Method thread, surf's TA/PA debates doesn't pass the smell test.
When I see people engaging endlessly with Surf, then getting upset at his intransigence, and here and there people hinting or calling for him to be banned, I start to get upset. Surf is not the problem. You are. Yes, all of you who argue endlessly with him. He is just exercising his right to air his views. Who gives a flying fuck what he thinks about TA? If tomorrow, Surf says 'Hallelujah, I have seen the light, TA works', is that going to make your life better? Will you make more money, after all that is the only bloody reason we are all in the markets, so will you? Understand one thing. No matter what you say, he will reject it. He does not want to be reasoned with, he will not be convinced. Way back I engaged with him. Provide him proof that there are day traders who have profited off PA, like Marty Schwartz, he will say that was in the old days, the market has changed. Provide him proof of someone doing it today, like CIS, and he will say they are savants. Provide him a paper on a study proving trends exist, and he will say there are no footnotes, so it can't be respected. Provide him with another one that is complete, he tells you he will send it to his friends who know more and get back to you. You never hear any more about it. I did, he said he'd get back, he never did. I can't be bothered, search for that thread and you will find it. Surf is like a toddler who is being a pain in the arse purely to get attention. Smart parents ignore the little shit. You lot need to do the same. Oh, and let me share one more nugget with you brilliant lot who argue endlessly with him. There is no difference between his Price Drivers and TA. Price Drivers supposedly collect current information and predict the future. Note, CURRENT information. Well, as I write this, current has become historical. Markets, the world, all change by the millisecond. What Surf uses in his Price Drivers (I quite like the wag who called them Pile Drivers) becomes historical as he collects the data. Yes, shock, horror, Surf is using historical information to predict the future. Sounds like TA, except with TA, we make no claims to predict, we only talk about probabilities. If I'm walking in a northward direction, some will say my next step will be North, some will say my next 100 or 1,000 or 10,000 will be. Scalpers, Swing Traders, Trend Traders, all cut losses if their premise proves false. Here, don't take my word for it, I'm just an anonymous internet poster, see what Seykota has to say about it. http://www.seykota.com/tribe/tsp/trends/index.htm That's my rant for this week. I expect a really interesting time in the markets this week given Friday's afternoon action in the Dollar pairs. See you all next weekend, good trading.
I'm in that thread. He'd get his arse handed to him on a plate if he disrupted it. I'd be the first to demand Baron ban him if he screws around there.
I know you're in that thread but the reason why he doesn't go there has nothing to do with the possibility of being banned. He himself specifically stated Maverick is a friend and that the method (he didn't use the words TA or PA with the words ACD Method) may be useful.
Oh, and just in case some of you want to continue the debate with him for fun, understand that when Surf talks about the markets, he means PURELY the stock market. He doesn't know shit from shine about anything else. His foray into YM with his Price Drivers is a first, and I'm sure he chose the narrow index rather than the broader S&P because there's less info to collate. He made some stupid statement about the markets in general and I ripped into him with some facts about FX. Maverick chimed in and Surf acknowledged he was talking only about stocks. BTW, he calls FX traders third world degenerates or something like that, which is a bit rich given that Soros has probably crapped more money than he will make in his lifetime, and Soros, just like Mrs. Surf, is Eastern European. Edit: typo fixed.
I agree the circular discussions are pointless and seem to have been going on since before I ever heard of ET. Hopefully Visaria starts a separate thread to give his final report on the course.... this has gone wayyyyyy off topic.... LOL Personally I have come to think a lot of the stuff I see online is not real...... but characters acting. I don't know if it's all fantasy theatre, or if there is monetary gain goals for some members. I figure Surf's act here is as a foil to the those TA members who claim to never have drawdowns, money-making machines, and 'so easy a caveman can do it' hindsight explanations. Like in all good theatre.... there can be no hero without a villain, and vice-versa. He seems to show up in the same places that those folks tend to show up.... and get your popcorn ready the show starts up again.