'Foresight' analysis is better than hindsight, I guess, although realtime calls trump all! Leave out all ambiguity. There's some foresight trading over at a populat trade2win thread at the mo. Along the lines of: ''Looking to go long above 4555 today for push up'. 30 tick stop'' etc Market goes to 4565 and then tanks Then at the end of day its all ''Yeah, didn't take that long above 4555. Market didn't look right to didn't take the signal'' etc etc Real time calls is all that can prove ability. And there are some bloody good traders in the ES thread who do just that from what i've seen. Volente, Pinkman, Cac04, I loveoptions etc
Failing to take the foresight trade is a matter of accountability. What is more important is that it was made and that it was successful. So-called "real-time calls" on message boards are little different from Three Card Monte. Again, those who read this will know whether or not they know where to look for trades today. If they don't know, they won't. And maybe they'll ask themselves why. No need for another thousand posts about it.
Exactly. The guru never lose this way and his image of perfection and ego remains intact. There was a guy who posted super advanced analysis in the ES-journal and actually seemed rather impressive, but once he started posting live calls it was scratches, losses and excuses all over the place. I believe one guru in this thread made a call, but apparently the market did not go his way and it was apparently a scratch. Or so we're told...
Don't waste your time with these delusional folks. They are a lacking a basic understanding of cause and effect--- getting the two mixed up constantly. Their lines exist because of past price, future price is not caused by the lines. Furthermore, they call themselves scalpers and make other exaggerations-- which is akin to thinking someone who makes 10 or 100 trades a day is a high frequency trader. Good luck!
I see how it is. They link directly to your brokerage account, so all accounts will be verified. It doesn't really cost anything on your part. This seems way better than the Combine. Your own rules, standards and no opportunity cost involved.
Yes, it's a better opportunity that will lead to a better future for its participants. The exposure it will provide is truly unprecedented. This is the big leagues, not a contest to see if you can be a prop trader, eeking out a living, without posting security. HH
=========== Not much managed money doing day trading[some is]; mostly positions, swing, trend trading, investing......................................Not that any kind of investing trading is easy, not even over a pereiod of time
I've more or less been following along, though admittedly playing a bit of catch up as well. But I do not recall anyone saying that price went one way place rather than another because of a line drawn on a chart. Would you re-quote that post please?
It is implicit within the annotated chart. Res Ipsa Loquitur Otherwise, what purpose would the chart have?
The purpose of an annotated chart would be nothing more than to explain the trader's behavior vis a vis the stimuli of price, not the behavior of price itself. So no one has claimed what it is you are alleging them to have claimed.