Prove to me that Technical Analysis Works.

Discussion in 'Technical Analysis' started by TazTheLaz, May 28, 2022.

  1. easymon1

    easymon1

    e.g. you could say something like this:
    Usually if I can't make it happen at 8:30,
    I sit down between 9:30 and 10:30.

    Whatever time range, is accurate in your case is of interest.
    e.g.'between X and Y'
     
    Last edited: Aug 17, 2022
    #511     Aug 17, 2022
  2. tiddlywinks

    tiddlywinks

    Even a monkey at a computer will type a word every now and then.

    We must distinguish judging from guessing.
     
    #512     Aug 17, 2022
    Sprout likes this.
  3. easymon1

    easymon1

    more detail please?
     
    #513     Aug 17, 2022
  4. Ok MacBook, What was "the one big main move today" (Wed, Aug17th) that made you serious money?
     
    #514     Aug 17, 2022
  5. Sprout

    Sprout

    Comments in quoted text.

    https://www.lakeis.org/documents/army shooting manual.pdf


    About Picasso, he was formally trained and had mastered many styles & skills prior to attaining "simplicity"

    https://www.pablopicasso.org/first-communion.jsp

    https://www.nga.gov/features/slideshows/picasso-the-early-years.html
     
    #515     Aug 17, 2022
    SimpleMeLike likes this.
  6. My hypothesis premarket, before the opening bell, was that the overall market trend movement for the day would be down/Flat. Which it was. The market was flat overall, but dipped down temporarily.

    So I bought around 10:13....and sold around 12 noon, because I assumed and expected that movement to happen and unfold,
    If someone can do this daily, day in and out, capture that one move in the market...they will be a millionaire in the market quickly,
    [​IMG]
    [​IMG]
    Of course, though, the Holy Grail is Knowing, or generally knowing, the future,
     
    Last edited: Aug 17, 2022
    #516     Aug 17, 2022
  7. I assume you are on Central Time? Those trade times at Eastern Time would have been a large loss.
     
    #517     Aug 17, 2022
  8. Hello Sprout,

    Very good write up. I will read it in detail later.

    Let me make sure I make something brutally and as bluntly as humanly possible.

    "What seems like years now, I've listened to your perspective of how this doesn't exist and that the only way to qualify an educator or mentor is through your rigid requirements. I understand that your experience of unfilled promises have create some PTSD for you."

    #1. PTSD, LCD, RTD, YD, whatever you wanna call it. I do not have no unfilled promises from anyone, I never consulted anyone for trading help. I only invested in Al Brooks trading course cause I had $300 to invest. Never finished it, too much thinking. I just think differently when it comes to trading. I never ask someone how to trade and damn sure not learning from noone. I have the most deepest respect for @MacBookProHo . Why? Cause he knows exactly what he wants and need to do to make money trading for himself. he only believes in his way, not the crowd way.

    #2. Anyone, who wants my money, they better prove to me they making real money with 3rd party audit records, first and foremost. PERIOD. This model has kept money in my pocket, and to date, I have not loss money yet. Business first, bullshit later. I be damn if another man, about to take my money, and not prove to me he/she making money, and has the thought to try to teach me. Do you know how utterly disrespectful and stupid that sounds? Just think about it. Read a trading book for hours and hours, and you have no idea the author even makes money. You learning to make money from someone who does not make money. Just think about the deep psychology in that? I am not FOOL. Fools, get scammed, not me! This is a business. Business need to produce money, not get scammed out of money. I will say it again with every fiber in my body. Trading books, and trading courses is rip offs. "I" only need a chart and prices moving back and forward. You need to think long and hard on why I wrote the last 2 sentences, do not try to object, just understand the mathematics, stats and logic of why I said it. Here is a hint for you to think about, who is making money in day trading? Just think if a trader ignored any and everything that cost to learn trading, they already won the trading business game. Think about it wisely. The more you look for help, the more you lose.

    #3. Respectfully and kindly reread #2 five times in a row so it makes clear sense to you. I really really hope this makes sense to you. If not PM, and lets have a deeper discussion about it. Or just reply back to the thread.

    Regarding the hope discussion, read the last message I sent to @easymon1 think mathematically and logically.

    Work smarter not harder.
     
    Last edited: Aug 17, 2022
    #518     Aug 17, 2022
  9. You're another Futures guy, I see. With Options....you can bet down or up on direction, buy put or call options.
    And I'm on Western, Pacific Standard Time.

    The % returns on options can make futures and stock look like child's play.
     
    Last edited: Aug 17, 2022
    #519     Aug 17, 2022
  10. Overnight

    Overnight

    No. In August, you are on Pacific Daylight Time.
     
    #520     Aug 17, 2022