A bad craftsman always blame his tools. If you cannot use it that is because YOU cannot use it. So it is not much of a tool YOU because YOU lack the SKILL to use it. Study harder.
JFC you are a dishonest fuckwad did you really think you were gonna change the subject on me from supposedly being able to successfully trade fair coin flips to "the market"? For the lurkers and newbies out there anybody that believes they have a system of technical analysis or chart reading that will make money on fair coin flips: IS a FUCKING Porch Trading dumb-ass LUNATIC.
Well, I certainly understand why you would say something like that. You are one of those that calls whatever you cannot understand some derogatory name. You are a simple man, and we need simple men to drive this nation forward.
Your trouble is that you make the very common error of trying to equilibrate a coin flip chart to an actual one. This error gets TA newbies in trouble all the time. A coin flip in a real market is weighted. You specifically stated a "fair( or unweighted) coin flip" That is nonsensical in the market auction process. You need to work on your volume study so you will know the next time you are blatantly wrong.
1) I agree, if you believe what you said about fair coin flips being tradeable you success or lack thereof is merely an inevitability. 2) Yeah I'm still investigating some concepts, but primarily I'm looking for some risk to be wrung out of the market. 3) hmm probably a really bad idea with a shorter time horizon.
You keep saying that as if it means I'm running away, I'm not. I've already explained it to you there is no contradiction, what part of that do you fail to grasp? I do see however you are trying the ole deflect attention to run away from debunking my chart. run away rcg run away
1. Im glad you do, my success is very much assured. 2. Good luck, hard work and focused practice will get you to expert status. Just a matter of when. 3. I use volume and price analysis to let me know when I need to take action on a position or not, so no, stops are not needed.