LOL Just when I let you off the hook AGAIN you go and piss me off. Look buddy put up or shut up! I would never let you see my workstation in a thousand years so if your man enough let's set a date and spend a day in paltalk (live) and anyone from ET can witness. You pick the day and the contract/stock and I will be there! Enough nonsense and double talk. Walk your talk or shut up!
Bill... why are you so intent on proving yourself? Is your ego that fragile that it must be contantly propped up, hanging out on ET to the tune of almost 1000 post, a public website/chatroom, world tour etc. I spoke with you once and you seemed really hung up on yourself, telling me about your high 7 figure income etc. If you're truly at that level why don't you just find some peace and stop expending so much energy promoting yourself. This is what left me with a high degree of suspicion about the validity of anything that you have to offer. It may be the greatest thing ever but I must admit I smell an odor.
Hmm... Those Nobel prize winners from LTCM believed in the perfection of their methods/models also... However, utmost refinement as you put it is not perfection, and there was no argument there with regards to "doable" methods/strategies. Just don't give us any of this 100% perfect bollocks KT.
A majority of those posts were answering questions from open minded people wanting to get some insight on Market price action. You have heard from a couple in this thread. The rest were defending myself. I knew early on it was going to be a mix and an uphill battle but was willing to have a go of it if I could help some traders. I'm sorry the confidence I have in my research offends you.
Ok, here is THE string of oscillations my method created to designate the Overall Market Trend for use in intraday trading the E-Mini S&P in realtime since 03/07/05. 03/07/05 - 12:41 pm EST - HH - HL - LH - LL - LH - LL - LH - LL - LH - LL - LH - LL - HH - HL - HH - HL - LH - LL - LH - HL - HH - HL - HH - HL - LH - LL - HH - HL - HH - HL - HH - HL - HH - LL - LH - LL - LH - LL - HH (Current @ 1167.75 and heading down to Challenge extreme Support, last LL) Trend will continue until the Market creates an illogical oscillation stopping the trend or sting until the next oscillation is created. I teach taking ONLY the minor oscillations(or extreme oscillations on a trading chart), in between the extremes on the Overall Trend Chart, in the direction of the Overall Confirmed Trend. Too hard . . . sorry can't get much simple then that. If you can't get close to perfection with this, there is a problem. Now confirm it works in realtime over 10 years. Done with this. Time for bed!
Sorry, I don't think I said I was offended, just making an observation on a public forum. I missed the posts about market price action, most of the commentary sounding more like a discussion revolving around establishing a peeing contest.
No Prof, very simple actually. And I am not questioning your methods in general either. The point I was making, which was directed to KT, was that one must be careful not to start believing such things as "market perfection". The market can and will do what it wants when it wants, without regard for your Dow theory approach or whatever. Thats all. Protect your capital at all times. Think otherwise and you could be playing a very dangerous game. PS. I am not having a go at you. So don't get upset. I just disagree with this "market perfection" thing, thats all. And I can see why newbies will be intoxicated with such a concept - making it even riskier for them...
Prof I know you think I am an enemy but I am not. I am totally open to new material. As I said once before it appears to me that you are trading continuation patterns in a trend defined by your series of cycle points. What I fail to understand is what makes your method different? I too, trade minor osciallations within larger oscillations and Im sure a lot of other people do too. Could you possibly post a chart showing a couple of entries and exits you made that many others would not have also made under the same conditions. Mak Maybe you could help us understand what Prof is doing that is different and revolutionary. Seriously I would like to understand.
Agreed, since when is using a string of hh - hl or lh-ll to define a trend revolutionary? Is it his 'perfect' indicator that's the key? This is where I see a yellow flag, what he appears to be teaching is basic stuff that every trader should learn but selling it as the holy grail, or trading perfection seems oriented to sucking in newbies looking for some trading salvation, thus my concern that it's just another snake oil product. Maybe it is the grail in it's purest form, but posting an abolutely perfect trading record that's obviously based on the benefit of hindsight seems misleading. I'm naive to his method so I may be way out of line but how is creating some proprietary "patent pending" terms to common market price action any different than woodie or the creations of any other guru that in the end only delay traders from really learning how to trade? btw.. what's "worlds only patent pending trading methodology" really mean, is it in the review status or simply that you've submitted an application which anyone could do if they so desired. If it's pending reveiw what's the patent # so we can check it out, just to make sure our own processes don't infringe How do you know it's the "worlds only"? Gotta admit the statement sounds like something right out of an infomercial. Will we see you soon on the 3:00-4:00am ad slot?
Proflogic method - successful? No. Higher highs/higher lows and lower highs/lower lows is all historical backward observation in realtime. Produce or find something successful.