If you want to fail as a trader, study TA

Discussion in 'Psychology' started by The Expert, Apr 27, 2010.

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  1. Hi DT,

    Nice to see you, nice:D

    I am travelling at the moment so very busy. Will catch up later and get some more good discussion going.

    TE
     
    #481     May 12, 2010
  2. MK,

    The only thing I know, is that I really know nothing:D

    Nothing special about TE, he is just one ordinary idiot that decided to start thinking for himself after realizing that everything is centered around power and control of the majority by the few.

    If you care to read up on History, you will see just how true this actually is, and, education and religion being the main tools used by those who know about control.

    We will start a new thread on control of the masses, by the few, shortly, as it is very relevant to self-improvement.

    For now, just realize that no one gives a s.h.i.t about you and you must do what YOU need to do for yourself and your family, and, fuk everyone else, as they really know nothing, but actually think they do :D

    TE
     
    #482     May 12, 2010
  3. I don't need to read up on history anymore; I've gotten an entire history course from reading your threads. I totally agree about the few using their power to control the majority. It's pretty clear when you stop & think about it. There are many examples.

    I have a question though; something that makes no sense to me. You seem to be quite advanced when it comes to using your brain & thinking along with some others that I know of. But in many of your threads you may have 20 people interested & trying to learn, and then 5 people that are just annoying idiots. You usually succumb to the idiots and stop the thread or sink to their level & argue with them, or if the thread gets moved to chit chat you'll stop posting in it as if you were insulted.

    I could be wrong, but that seems to be a weakness, not a strength. It doesn't mesh with all the things you write. It seems to be the opposite. You let the "weaker minds" win, and you abandon the people you say you're trying to teach. Why is that?
     
    #483     May 12, 2010
  4. Mysteron

    Mysteron

    A bit more info would be helpful TE.

    In the past you stated something along the lines of: you learned a way of reading charts, and that when anyone else sees that too, then they won't want to tell anyone else.

    Maybe if I stare at charts for long enough then I'll eventually see the face of christ, but thats not the kind of revelation that I'm looking for.

    Until then I'll use my own judgement and B&E.

    Best wishes.
     
    #484     May 12, 2010
  5. MAESTRO

    MAESTRO

    I am convinced that by using bid/ask pressure gauges anybody could get better results than using TA. I have been doing it for 18+ years and was able to help to quite a few traders to get firmly on their feet. Charts are deceiving, intimidating and lagging. Our in-house traders are not even allowed to look at them!
     
    #485     May 12, 2010
  6. Mysteron

    Mysteron

    MAESTRO,
    YOU are pushing a product, and I am not interested. If your product had any value over the 18 years you mention then it would have spread rapidly, and numerous incarnations of it would be available from numerous providers.

    That simply isn't the case. So I don't believe a word you say, so kindly go and peddle your stuff elsewhere.
     
    #486     May 12, 2010
  7. MAESTRO

    MAESTRO

    You are new here and probably don't know me. So, before you say something like that you should check who you are talking to. People know me here; and they know that I have never pushed anything. If you don't need help just ignore my post. But assuming things is not going to get you anywhere. Good luck! (God knows you are going to need it!)

    Cheers,

    MAESTRO
     
    #487     May 12, 2010
  8. Maestro has been around this website for a long time and has generally contributed some of the higher quality posts throughout the years. He's earned the right to let people know he has a new tool for sale. Also, his recent posts and link to software are relevant to this thread since they offer an approach that doesn't involve TA.
     
    #488     May 12, 2010
  9. MAESTRO

    MAESTRO

    Thank you! This tool is not new at all. People at ET asked me for years to get the access to the methodology I developed over the years. My company finally decided to allow a limited access to our proprietary tool through the minimum monthly fee. I always said that the tool is not for everyone and it is very counterintuitive and somewhat difficult to accept for somebody who is already trading using charts. I personally don't care whether people here will like it or not. I am not financially rewarded from the subscriptions, however, as an author and an inventor naturally I like my creation and feel proud that someone actually might benefit from it. Having said all of that I will not expand on it anymore. Over so many years here I only answered the questions without suggesting anything. If you look at my posts I have been always against TA and this thread just caught my attention. My tool is the best way I know to show people how NOT to use TA. If people don't want it then it is absolutely fine by me.

    Cheers,

    MAESTRO
     
    #489     May 12, 2010

  10. a very dul edge at that.


    one need watch price action and then filter through the rose colored glasses their perspective ...

    any trader, or company only represents a fraction if not a small percent of participants at that particular vehicle being traded...

    as such, one need have some indication of what the other participants are doing and have done during the trading and most recent trading days..

    TA serves that limited purpose, but predictive, well that makes the basic mathematical presumption that all things being equal or remaining at the same momentum of participation...

    perhaps now one can clearly see the flaw in what makes TA (technical analysis) both the most useful tool and the least useful tool....

    trading has always been about competing contradictions, as if being a contridiction wasn't competing enough....
     
    #490     May 12, 2010
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