Disturbed by your questioning? Hardly, it's more like tired of hearing the same broken record played by the same bitter trader. Your questions are hardly challenging and your reasons are generally just blanket statements revealing that you haven't done much research on your own. No one said TA alone is the holy grail, but one can ABSOLUTELY use past market data to create a successful system (notice I didn't say never lose). BTW, having "access" to secret databases is FAR more ridiculous of a claim than someone who figured out how to create a profitable system after several years of market experience. Sorry, but I call it like I see it.
I would agree with you, did I not know better. They are not secret, just very difficult if not impossible for most people to access--- as an example-- stock exchanges share data with academics that is simply unavailable to most anyone else. In addition central banks collect data for policy work that even academics can not access. Our group has both types of folks who can share this data with the proper NDAs---- It's certainly not me personally who can make a phone call and obtain whatever--- but I have access to folks who can and who test this and other data extensively. Hopefully this clarifies what I meant. I am far from bitter and have made money overall in the markets. But if I bother you with my simpleton like questioning, why not just put me on ignore? Pfffff' marketsurfer vanishes. But, you in particular seem to enjoy being a thorn in my side and would never do place on ignore. In fact if you look at your post history your very existence is tied to marketsurfer-- a doppelganger perhaps, an evil twin?? This is very strange to me. but whatever. surf
Wow, that sounds like information overload! Keep it simple is what I say. Luckily I only needed retail data (paid data, not the free shit your broker gives you) to create a robust strat. Others may need more. To each his own I guess.
I don't want you to vanish altogether. I've never said that. Although it would be nice if there were a few threads here where real traders could discuss things without the malcontents dropping in. And, I don't think you are a simpleton, I think you are severely damaged by your experiences in the markets and have developed this incredibly thick outer layer as a defense mechanism. Your mind is "made up" on a lot of issues in order to protect your ego. I do feel badly for you in this respect for a closed mind is a very limited mind.
More BS, it never stops. How did the secret databases help you over the last 10 years, 20,000 posts and not a single winning month? 'Put me on ignore', you know does not work, you have perfected your own version of ET 'rope a dope'. Someone starts a thread, you disagree with the subject matter so you post a provocative message designed to disrupt and take attention away from the subject of the thread. If the OP had you on ignore it would not prevent 100 or 200 other participants of the thread who can read your message and are drawn into your little drama queen technique. 5 or 10 pages later you say 'this thread is not interesting' and go on to your next 'drive by message bomb'. You use a number of aliases to jump in to support and add noise. People who were mildly interested in the topic go off to another endeavor. The OP is left with a thread that now has a 10 page empty space in the center. You also use your sock puppets to flush a lot of messages into a thread when someone has been critical of you and you cannot reply, this pushes the critical message off the 'last page' of the thread that everyone reads..... What is amazing as a trader and businessman is that Baron has let you get away with this BS again and again. That is about it surf, don't like it? Put me on ignore....
Slackers criticism is absolutely untrue. I do not use sock puppets , aliases and or alter egos of any kind on this site, and frankly nowhere else on the interwebs. Apparently, whenever anyone agrees with me on a point, they are called an alias or sock puppet. All one needs to do to verify my words is to ask Baron or any mod. In fact, Magna has already confirmed this fact yet the trolls keep repeating the lies. It's very funny to me that you ascribe so much power to marketsurfer. "Message bombs" and such. When I see obvious misstatements, crazy claims or anything else that will lead folks down the wrong road in this business I am going to challenge it. Remember, just like Fox Moulder from Xfiles--- I want to believe --- but so far folks, you can see for yourself the responses I get from the gurus, and other aliases regarding these subjects. There is but one conclusion. surf
Once again, that's all well and good. But please look at it from my perspective. If a claimed successful trader used tarot cards to place trades, made claims like rarely a losing day and that anyone can do this just study for 18 hours per day--- wouldn't you question the validity of the persons claims? And if this person started to gain a following or worse yet selling the information-- wouldn't you warn others by further questions? Well, objective fixed TA is my tarot card reader. I view 98% of it, and 100% of it where it's claimed to be the only thing needed, as most would view tarot cards. Once again, I use to believe in TA-- then I saw the evidence against it and the very poor evidence for its viability. I went with the strong evidence. Surf
Ok, well I decided to go a different direction. I used my own eyes and my own brain to see what works and what doesn't (or didn't for me). I saw correlations that I eventually could objectively quantify. No easy task but here I am. "I shall be telling this with a sigh, somewhere ages and ages hence. Two road diverged in a wood, and I, I chose the one less traveled by. And that has made all the difference" Robert Frost
Want evidence? Mark Fisher ---- Paul Tudor Jones ----- Marty Schwartz who at 68 had his best year ever last year. Jack D. Schwager just published a new version of Market Wizards in which most of the successful traders are using TA. Last month, Don Miller just published a journal of several years of TA trading. What is interesting about his book is that he included all of his actual trading records during that time. In the ET Education Resources forum I posted a link to a class from Georgia Tech on Computational Investing you might want to take a look at it. No magic; just hard work on the best methods of building a portfolio. (No secret databases here surf.) http://www.elitetrader.com/vb/showthread.php?s=&postid=3864077#post3864077 Your authorative, condescending, and disdainful post history is a poor mask for your inability to be disciplined and work hard enough to succeed. The people who need protection are the people who might be interested in trading --- and come here to learn and are exposed to your incorrect and biased view of the markets. The ad sponsors are for the most part marketing products for traders using TA. I believe your disruptive post have to be reducing page views and possible ad revenue. The market for trading portals has doubled or tripled in the past few years; ET has gotten smaller. Why?, if your protectorship is so valuable are you not sought out by other trading portals? How do they survive and prosper without your help? Fine, you don't like TA. So what is the means of your trading success? (Or sorry, touched a nerve there...)