Excuse me It is the ability to "recognize" that separates us as traders. Those who recognize WHEN price is about to move in a direction and ACT will make money. Those who cannot recognize as quickly, or as accurately, will lose money. HOW one "recognizes" is part of the art and science of trading. The rest of it is (often) a semantic jumble that does not move our understanding forward. Thanks, Steve
I suspect it has something to do with some people get an ego boost out of making simple things sound complex so that they can feel better about themselves, pretty comical to me.
If someone wants to be very fussy, then it's probalby a prediction of the direction. But not a prediction of a price level. It's like the weatherforecast telling you, the weather will be good. How good? We don't know, but we will see. Same here. The price will go higher. How high? We don't know, but we will see . fritz_haber
Well, there's one thing we can agree on. I'll let it lie, as I don't think from a practical perspective it matters. I had enough of academia in college.
sorry to disapoint, but i have absolutely zero interest in any type of trading contest. i don't sell courses, seminars, trading how to books\, etc. so winning or losing a contest means nothing to me. HOWEVER, charlie dow, prof logic, etal--- sells a course and/ or seminar based on outrageous claims posted here and on his website, therefore the burden of proof is squarely in his court. everyday i need to perform for myself and the investors--- win or lose, i have nothing to gain from this type of challenge. the prizes that i pursue are of far greater significance. furthermore, charlie dow needs to prove himself against the market, not against me nor anyone else--- he agreed to do this in march with murray R. or someone else testing his trading system. we will then know if he is a charlaton. best, surfer
nah, fritz, you have it wrong. charlie dow makes the claims of omnipotent trading prowness here and on his site. he uses these claims to sell seminars, etc therefore he needs to prove his system against the market, not against me or anyone else. he agreed earlier to do this in march with murray rugerio testing his system. we will soon see if the untouchable track record posted on his website is a fabrication, or if he actually posesesses the superb trading acumen he professes. surfer
Well you can look at it both ways. You have made your share of what many feel are outrageous claims too on the existence of successfully trading trends. If you insist that Charlie must have accountability why is it any different for you? I remember a time of you trying to market other websites and use ET as a place to advertise other products too so why are you suddenly in a different category. I think if you are calling him out you have as much to prove about your market claims and how it works as he does. Lets see some objective testing of your strategy and then give it away for free like you want him to do. Just being fair right?
I absolutely would. Doesn't make any difference the timeframe; swing, position, intraday, daily. It will never happen. The Neiderguy won't let his employee "crash & burn" and make a public spectacle of himself.