PART1 OF 3 Surf, do you remember 'Cold' that guy who had a hundred other aliases and kept coming back to ET after he was banned? The guy who was schooled by Jack Hershey, 'Cold' a disciple of the rambling guru. Cold couldnt get Hershey's system to work (but I don't blame him) and decided to haunt this place with attack after attack. Sound familiar? Cold felt slighted that he had sat at the feet of the guru but the teachings were something he couldn't get to work........ Go to next post for part 2.
Part2 Over the years Surf's had many systems he's trialled. They have all turned to mush. Some of these systems are Gann and ElliotWave. There has been other TA type ideas as well as Price Drivers. In each of these cases Surf has been confident he was on a winner, only to see it fizzle out. No shame in that, I've lost a shit load of money over the years and tried many failed TA ideas. One can then do the following: 1 Persevere 2 Give up 3 Blame and incriminate others Go to next post part 3
Part3 This I am starting to believe is what's happened to Surf. Surf started down the trading adventure and struggled (like we all do) After some time and with his connections he bumped in Mr. X the trading guru. Over some beers, Mr. X told Surf that "TA was BS, forget that shit, I have a better method". Mr. X with some bravado and piss talk convinced Surf that TA was rubbish, however what Mr. X failed to say was he actually used TA to a degree. Another thing Mr. X failed to tell him was his 'better system' was actually still in the trial and error stage, just like Surf's early attempts at TA trading. Conclusion; Surf has embraced Mr. X's system, but what Surf doesn't know is that Mr. X has moved on now and is using a different trading method. You see, trading is an evolving thing, it's a personal thing, you have to find what works for you. Dumping on others that TA / PA is an inferior method is no different than 'Cold' pissing and moaning on ET that Hershey was a loser.
Well everyday wont be a winner but i can guarantee i will never have a 300 Point Drawdown in 2 days or the equity curve of a drunk retard