If you could go back in time to when you were a new trader

Discussion in 'Professional Trading' started by TheGreatGorilla, Jan 10, 2014.

  1. dbphoenix

    dbphoenix

    Ah. You registered a couple of days ago and I registered twelve years ago. Hmm.

    Best of luck to you in your trading.
     
    #111     Jan 12, 2014
  2. bighog

    bighog Guest

    No one is arguing about what TA and TF, except you.

    You actually believe in TA and TF because you insist on using the terms "supply and demand" in place of a trend, correct?

    When the rubber meets the road, all that matters is how one FOLLOWS price relative to their trade. Calling something demand related or supply related is actually deceptive because we all know supply/demand is a fundamental term for the bigger picture and useless in "TRADING" jargon.

    Many book sellers prefer to describe well worn techniques with a twist to sound "new and improved", you know like the latest greatest version of TIDE to get your clothes cleaner than ever.

    If you feel my arguments (as you stated) are not compelling, I would love your explanations why my using a method of using the 20 ema would not work. What is wrong with all the work I did? Let me hear YOUR compelling reason why it will not work, you seem to have all the answers to the elementary beginnings of the whole process. Show me how you are able to take the whole process to the NEXT level. Can you do that without using bully answers?

    I will be waiting............... but not holding breath :cool:
     
    #112     Jan 12, 2014
  3. Are you really that petty?

    I asked you to leave, after you said you would if I told you to. And you can't even manage that.

    I really must of pissed you off.
     
    #113     Jan 12, 2014
  4. Well said man.
     
    #114     Jan 12, 2014
  5. dbphoenix

    dbphoenix

    No, I said that we could drop this anytime. Not quite the same thing.

    And, no, you haven't pissed me off. I don't even know you.
     
    #115     Jan 12, 2014
  6. well first of all, I don't "expect" a trade to do anything
     
    #116     Jan 12, 2014
  7. Ok, please go away.
     
    #117     Jan 12, 2014
  8. dbphoenix

    dbphoenix

    There's no reason why a trading strategy based on the movements of a moving average can't work as long as it's thoroughly tested and consistently profitable. Ditto with a strategy based on phases of the moon, which someone in another forum follows religiously. But to suggest all one has to do in order to succeed is plot and follow a moving average is inadequate.

    As to all the work you did, I'm unfamiliar with it. I've never seen your plan nor have I seen any of your trades. I'd love to see both.

    As to whether or not supply and demand are useless in trading, I'll leave that up to the individual. But judging the imbalances in supply and demand tell me when to enter and how long to stay in. That may not be everyone's definition of "trading" but it suits me. Homma figured that out four hundred years ago.
     
    #118     Jan 12, 2014
  9. dbphoenix

    dbphoenix

    So how you decide whether to go long or short?
     
    #119     Jan 12, 2014
  10. siki13

    siki13

    Correct me if i`m wrong but i think what you are trying to say and i would agree with, is that if the whole plan is defined with strict rules its gonna fail ,in other words, you cant just sit in front of a screen and read from a paper on what to do next.

    Also looking briefly at dbphoenix thread it seems to me that we have quite a similar approach to trading
    and it has a lot to do with waiting for the right moment and you cant defined that right moment with rules ( or i am to dumb to achieve that :( ).
    So maybe you are both right and are just arguing about different things :) .
     
    #120     Jan 12, 2014