I'm glad you agree with this because I do as well. And as you say, at least the TA crowd is showing a bit more than the anti-TA crowd. I don't think this is fair at all. How am I hammering away? Listen, Mr. Brown first started with a statement that he doesn't use time and can say with precision where the market is going. This is what started the questioning process. After some clarification, we find out that he would actually have some trades don't work, so there goes the idea that he knows exactly what the market will do next. If he is trading 1500 contracts, then he of course better damn well have a high win rate, but its still never the less a statistical thing. Furthermore, we find out that he is targeting perhaps only 3 points. Now I don't know about you, but if someone says that they know exactly where the market is going next, I expect a little more than a few points and never a mention of contingency plans of what to do next in case the first expected outcome doesn't happen. If he is in fact trading 1500 contracts then he clearly knows what he is doing, but this doesn't mean that his initial description is accurate. I brought up the idea of calling tops and bottom in real time, that would be impressive, like the guy Eddie had on Skype, but putting on a trade where it looks very likely that you can get 3 points isn't in my opinion having a precise understanding of where the market is going. Furthermore, the one chart that he did post clearly had time on the x axis where he showed daily bars. I have no idea what he means by taking time out of the equation, but I don't think that what he initially suggested is in fact in the same light as what I've come to learn after asking more questions. The idea of automation or whether he is discretionary or not has in my opinion nothing to do with this conversation. Automation is still programmed by the trader, and it seems to me that discretion is built into an automated system anyway. The system will clearly not take every trade and has rules about when and how to enter and exit, which to me means discretion. The fact of the matter is that he hasn't explained how he knows exactly where the market is going next and why time doesn't matter. Granted, as you have pointed out, nobody is saying everything, and he doesn't even have to, but if he started a thread about this, I would figure he would eventually get there. Now he just makes it seem like I'm trolling, and that he can't talk anymore because Baron supposedly silenced him because of posting a link to his own website. I don't think my questions were trolling, and when my questions are met with resistance and being called a troll, what am I to make of the information being presented?
If I'm not on ignore, then perhaps you will see this. I'm just curious to ask what you think the difference is between what you have posted thus far, and countless other scams out there? FF posted this link a few pages back.. http://thebestbinaryoptionsbrokers.net/profitprophecy-review-of-a-binary-options-scam I've read it, and I have no idea what the website in question is, but the name Mark Brown is certainly implicated in it. I have no idea if this is you, and I haven't even thought that what you were doing was scamming people. But the fact is that you haven't shared enough in my opinion for a logical person to differentiate what you are saying about trading price as being an idea that works from all the bullshit out there that doesn't. You say that you are sharing ideas to help a person get there faster but I still don't know what this idea is. Someone else even asked you if you have statistics to show how eliminating time has been beneficial, and you didn't reply. http://www.elitetrader.com/et/index...and-time-again-why.296107/page-7#post-4213306 You can call all this troll behavior if you wish, but these are legitimate questions. How can you honestly expect an intelligent person to see the the power behind what you post without addressing these questions? Picture yourself trying to get a new drug to the market and the FDA is asking for your double blind study. Do you call them trolls because they don't just take your word for it and approve your drug?
Seriously, if I was a trader using automation or programs/codes system and some discretionary trader starts asking me questions about my system...I'll tell him to go elsewhere unless he wants to get involve in automation or programs/codes. I can't remember the ET member name but he mainly hung out in the System Design threads. He always talked about different programming codes, C++ stuff, algorithms, black box systems and such. Ironically, the only folks debating with him, hammering him...were discretionary traders that probably don't even know what Excel is. I do remember when he asked a few why are you here still bothering me when you don't even do what I do nor understand it. Only one of the them said he's switching from discretionary to automation while the others pretended it didn't matter. He replied to the one that said he's interested in automation...you're the only one I'm going to reply to because this info will be useful to you while the others will be on ignore because they don't realize this info will not be useful to them. Those other discretionary traders continue bothering him, eventually earning the label trolls. P.S. Maybe he should'uv started this thread in the system design section because I've seen others like him before make the same mistake in starting their threads in the wrong section of this forum...maybe two different aliases Mr. Mark Brown and MarkBrown in the same thread was odd when multiple aliases is a TOU violation but whatever the reason... I strongly doubt that you as a discretionary trader has an interest in system design codes considering I don't see you asking questions to anyone in the programming/system design sections of ET. P.S.S. Your latest reply implies you're bothering him for an entirely different reason after I saw you say "scamming". Its OK for you to ask such and at least shows you're not here to really to learn anything about his method that you could find useful. Simply, if this is really about scamming...stick to that topic instead of the facade of asking for useful trading information.
Your reply really confuses me because once again, I don't think this thread is about automation at all unless something totally went over my head. As you point out, its in the TA forum, and really, making a thread that is anti TA in the TA forum is almost trolling, isn't it? But if this thread is really about automation, then I have no desire to get into that. Also, I'm not asking for specifics, that isn't what I'm after. I'm just asking for him to show how time doesn't matter, and how he knows precisely what the market will do next. He's the one to make these claims, so why are you bugging me when I'm asking him to back up his claims? If I say the sky is red, its up to me to prove it. Should I just blindly knock on anyone who doesn't take my word for it? This is what you're doing to me. You're saying I'm in the wrong for asking him to back up his claims.
I would like to explain that Mr. Mark Brown was a username that the Mod's of ET gave me back in many years when my original username of MarkBrown(.)com was viewed as being commercial even though I had such username for about 5 years prior to these newbie Mod's concerns the old mature level headed Mod's never had a problem with it. BTW ET was a great forum back then also, never to be again. I never liked Mr. Mark Brown and only used it a few times by mistake when I was auto-logged in by some of my mobile devices. Recently a Mod in this thread wanted to know what was up etc. and I told him the story and so they have deleted the Mr. Mark Brown account that they themselves created to replace my old domain name username. End of story.
You should ask him. Ask him if his method is automated or he's using a program/code that he designed. If his answer is YES and based upon what I know about your trading...I really can't imagine why you're bothering him unless just for the purpose of trolling. His claims has nothing to do with why I'm bugging you nor do I care about his claims. Yet, why should his claims bother you ? Thus, I never said anything about claims until now. Therefore, I never said anything about you being in the wrong for asking him to back up his claims. The above issue about claims is another example of you twisting the facts. Therefore, if you continue twisting the facts...that's what earns you the label as a troll. I'll be clear again...I know what you're looking for as a discretionary trader because you have been very clear about such in so many other threads. This guy has nothing to offer you in that arena...he's a system designer. As soon as I saw you write those words about "useful information"...that's when I knew you were in the wrong thread considering you and him have no shared trading interests.
Could have been worst had you two been talking to each other or giving each other likes. No biggie...lots of members here have multiple aliases and will not admit to such. By the way, is your trading via discretionary or automated or program/code because Kp seems confused about such ???
There are two other ET members that trades via such and one of them goes into great details about it. I can't remember the names but I think one of them had the name ProfLogic. I could be wrong but you may want to use search to see if it was him that talked about the disadvantages of trading via time charts but I do know such was discussed here at this forum in great detail and many chart examples and there was a discussion with explanation about prediction of the price action next move. Thus, maybe you'll find your answers there considering it doesn't seem like you're able to find your answers in this thread although I'm very confused about you seeking that info when its not your trading style.
Perhaps I need to clarify even further. I'm not looking for anything specific. If it so happens that I pick up something useful, then great. But whatever the strategy is, it is perhaps beyond my level at the moment. My intention in this thread is simply to point out that what he started with isn't the same as where we are now. End of story. I don't come to ET to learn how to trade anymore... the market is teaching me. I come here to chat and if someone wants to be pissed off with my replies, then I'm more than willing to go at it. Since ego should never be a part of a trading plan, I need to get my ego filled elsewhere. So I come to ET to argue and feel good about my deductive reasoning skills when I get a chance to challenge someone. I always hope that some good resolution comes out of it, and if both parties learn something, all the better. But I hold my opinions very near and dear, and when someone wants to push me around, I fight the fight as I do believe that I'm not wrong. Each one of my logical attempts here have been met with troll accusations, which isn't exactly that great of a come back.