Technical Analysis Doesn't Work

Discussion in 'Technical Analysis' started by rcanfiel, Jul 16, 2007.

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  1. may i suggest a reading comprehension course prior to any further comments??

    surf
     
    #991     Sep 3, 2007

  2. his audience is non market savvy and generally very naive'. they do not ask him for proof, much in the same way one does not ask david blaine for proof of his magic after seeing it.

    when asked he reacts in a bullying, intimidating manner--- throwing up challenges like that would prove something.

    this guy is classic and obviously is protecting his "franchise" by refusing to make any market calls prior to the fact and refusing to have his system demonstrated in any way outside of his controlled classroom environment. pretty sad actually.

    surf
     
    #992     Sep 3, 2007
  3. Beating Ratcanfield or you for that matter isn't important I agree. It is the satisfaction of publicly dismantling a blowhard that makes it all worthwhile. I can and am willing to back up what I do. Hell, I do it all of the time, live.

    You've had the opportunity a few times to review, in detail, what I do and turned it down each time. You lied and even said you would honor another persons evaluation of what I do then bailed on that promise. (Hombre, remember) You have no honor, that is verifiable.

    You're a mindless talking head just like a majority of the media and definitely not the brightest one out there to venture into having your own show. What are you going to call it, "Marketsurfer, Jerry Springer in Reverse"

    Destroyed . . . please you embarrass yourself enough on ET going head to head with you on an technical subject that you know absolutely nothing about would even be more cruelness than I would even subject you too.

    Because you are too thick to understand the first 50 times I told you . . . I do not care whether YOU think what I do is bogus because you are as significant as a gnat spread out on my windshield. If you would only play dodgeball in traffic with the same win percentage as your journal the world would be a better place.
     
    #993     Sep 3, 2007
  4. Great point but one problem.
    I am a trader that enjoys teaching.. I'm not a businessman looking for free advertising to supplement the pipeline.

    I come onto ET to post ideas and have others validate them on their own. Some find the information I post useful and others don't but they make that evaluation all on their own. They don't need anyone to tell them what they prefer. When it is all said and done and an individual is in front of his/her screen it is HIS/HER decision to pull the trigger and take a trade or make an investment. For them to be able to trade consistently they MUST have the confidence to know the decisions they are making contain the least amount of risk associated with their own personal level of tolerance. Time and consistency will give them that confidence but few possess the patience to achieve that. My students know that to succeed they MUST validate everything I teach them ON THEIR OWN!

    Back to the point, I don't post here looking for students. If it weren't for people like marketsurfer and rcanfield, posters wouldn't even know what I do. They are they ONLY ones that even bring it up. You can search through every one of my posts and NEVER see a single reference by me to direct someone to what I do. Then they peddle gossip like rcanfield or imply intelligent background like marketsurfer spreading unsubstantiated drivel just to make themselves look bigger than they are.
     
    #994     Sep 3, 2007
  5. I see you are back to the immature tactic of playing spell check. How many "l's" in until journalist?
     
    #995     Sep 3, 2007
  6. My students range from hedge fund owners to pit traders to corporate bankers to attorneys to corporate currency traders to brokers, farmers and new traders.

    You would be absolutely surprized at who some of my students are you petty unintelligent unic. I probably have more attornies take my class than anyone and if any of them thought what they got from me was even a speck less than they expected my butt would have been in a ringer way before now. I even have an attorney, dual Ph.d., and one of the most respected lawyers in Ohio, Pennsylvania and Michigan helping me now and wants to take over teaching my class.

    You are clueless. I've made calls in your journal and emailed you picks prior to execution but you ignorned them for whater excuse seemed fitting at the time. You are a weasel of the highest order and you should be on television so the whole world can see you make a complete and utter fool of yourself.
     
    #996     Sep 3, 2007

  7. i will not play the spell check game here, but your lack of understanding is palatable. "hedge fund owners" LMAO! there is no such thing as a "hedge fund owner". attorneys, sure most attorneys know nothing about the markets. seriously, so what-- it still looks like you built a good business--that's impressive--regardless.

    however, why not post some calls here, put your system on collective2 or whatever, even papertrades are good enough to prove it is what you claim it is??

    surf
     
    #997     Sep 3, 2007
  8. nitro

    nitro

    I have never understood the whole thing about a journal. The only thing that perhaps makes sense in them is that if you are discretionary trader, or you have a discretionary component to your trading, you have a record of what you were thinking at the time.

    But then why only pick on this guy? Why not pick on the countless journals in the ET section? You have a journal on there surf. Why not put put your system on collective2 or even simpler, open an IB [paper] account and with your commentary on ET, give a link to the statements showing the trades you made?

    If we are to hold others to these standards, shouldn't we hold ourselves to the same standards?

    nitro
     
    #998     Sep 3, 2007

  9. good points, nitro. the difference is im not selling anything, nor do i make any claims outside of posting my trades on<b> "the surf report"</b> therefore have nothing to prove.

    i have no issue with p.logic himself, he seems like an ok guy. my issue is with his claims and statements about trading/market that make little to no sense to me.

    none of the journal's claim perfection and near perfect trading record. p.logic does--and sells this method therefore, ofcourse, higher standards are expected.

    yes, if i was selling services, or telling everyone that i had a perfect system, i would have it on collective2 etc, unless ofcourse, it wasn't really what i claimed.
    surf
     
    #999     Sep 3, 2007
  10. I don't need 3 trades a day. I trade once a day - Long, Short of Flat for the trading session. You may trade however you want. And it must be 2 months min to rule out luck, with a fixed end date, nonextensible. And the system stats must be reasonable, not "Proffy uses Kelly and Fixed Ratios and Fixed Fractionals, Sharpe and Profit Factor be damned. "

    Your demand for money only continues to water down your credibility. You tried to put this on someone else earlier a couple years ago in the previous attached threads. It is obvious you put up big numbers trying to bluff your way out.

    I saw enough in a PM from one of your ex seminar attendees, who said you were basically a crook. Your zigs and zags here are only deepending the picture.

    And that said, I wouldn't trust that you would pay if you lost, REGARDLESS the escrow service or holding method. I am not interested in your money, artwork, cars, or anything else and I wouldn't accept it if you gave it to me. This has only to do with who will outtrade.

    An audit is not needed. Timertrac.com or Collective2.com is fine. Both are even more reliable.
     
    #1000     Sep 3, 2007
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