Is There A Problem Being A Chartist/PA Trader

Discussion in 'Technical Analysis' started by Fundlord, May 18, 2015.

Your Opinion On Price Action/TA

  1. It Works

    12 vote(s)
    44.4%
  2. Its Voodoo/Fairy Dust

    6 vote(s)
    22.2%
  3. Price Action Works But Indicators Are BS

    7 vote(s)
    25.9%
  4. Trend Following Is The Only Form Of TA That Works

    2 vote(s)
    7.4%
  5. Fundamentals Are All That Matters Both Short And Long Term

    0 vote(s)
    0.0%
  6. Price Action Matters More In Short Term Than Long Term

    0 vote(s)
    0.0%
  1. I am sorry to hear that. Is the 40% DD from a single trade or a long series of trades?
    Price Drivers are an attempt to quantify the items that move price prior to it moving. We firmly believe that after price moves, its too late for anyone but hindsight reading chart jockeys who pretend to trade, therefore its a must to anticipate how the Price Drivers will move the price and position yourself accordingly before the fact. Take a look at our recent SHAK trade----- to see how it is done with very limited regard to price. surf

    surf
     
    Last edited: May 19, 2015
    #21     May 19, 2015
  2. barcadia

    barcadia

    you mean a shill for the people whose charts I showed?
    If so, I promise you that you are wrong!! I'm no shill.
    I'm just trying to learn price action.
     
    #22     May 19, 2015
  3. dbphoenix

    dbphoenix

    I've been at this a lot longer than you have, though when it comes to shills, you appear to have a great deal of first-hand knowledge.
     
    #23     May 19, 2015
  4. Fundlord

    Fundlord

    How does one go about predicting outcomes of important reports besides the obvious insider trading.
     
    #24     May 19, 2015
  5. dbphoenix

    dbphoenix

    Unfortunately, the market couldn't care less what you believe. Whether you have a robust system or not is determined by results. And your results are not only spotty but inconsistent. Hardly robust.
     
    #25     May 19, 2015
  6. dbphoenix

    dbphoenix

    Now that would be the key to untold wealth. :D
     
    #26     May 19, 2015
  7. Having been on elite for many years, shills are very obvious.
    What are your results? Mine have been posted here since 2002. Occasionally, over the years, exits were not recorded-- by overall the record is there on entries and exits. Where are your results? surf
     
    #27     May 19, 2015
  8. Study and predict based on your understanding of what is likely to happen. There are multiple ways to do it based on data, is it always correct, NO WAY-- but it can provide an edge. surf
     
    #28     May 19, 2015
  9. barcadia

    barcadia

    You're not as smart or perceptive as you may think. It's pointeless to carry on defending myself, but you're wrong, and not for the first time.
     
    #29     May 19, 2015
  10. Yep, I use to shill for my own site-- so that's how I can quickly recognize shills.
     
    #30     May 19, 2015