Technical analysis :useless junk science

Discussion in 'Technical Analysis' started by oilfxpro, Sep 1, 2012.

  1. Another delusion without factual basis. The Market Wizards has top traders acting as mentors.

    Psychiatrists define a delusion as a fixed false belief that is resistant to reason or confrontation with actual fact.

    Now give us the facts of what you used to back test a falling knife, its exact PA set up, it's exact context and its exact background. Then do as you said you would and show me 10 yrs results to prove my ignorance.

    You are running scared like a rat on a sinking ship Oily. You couldn't even bluff the uni and high school kids who told you that you obviously didn't know what you were talking about. Now you are getting your TA trousers taken down and being given a good spanking.

    HURRY UP OILY!
     
    #271     Sep 17, 2012
  2. The fact that a person has to sell courses to make a living , is in itself evidence evidence that t/a is unreliable on it's own .
     
    #272     Sep 17, 2012
  3. cornix

    cornix

    Wrong. This is no more a fact than a "fact" many successful businessmen run courses and write books on how to become successful businessmen, cause they are not successful.

    You clearly confuse "have to" with "want to". :)
     
    #273     Sep 17, 2012
  4. This shows how devoid of understanding and research you are. There are many, many top traders who pass it on. Read Market Wizards...

    http://markminerviniblog.blogspot.de/


    http://www.markdcook.com/

    Now quit avoiding the question and show me your set up and back test results, clever clogs.

    HURRY UP OILY!
     
    #274     Sep 17, 2012
  5. I have also called many trades a week in advance on ET but to understand you would need to be able to read Price Action. Oily doesn't even get 1/10 for his grasp of TA so he thinks the future was the past even though a child could understand the difference between the past and future on a chart.

    I am still waiting for his detained Falling Knife set up and back test results but he's squirming all over the place with his TA trousers round his ankles.

    Oily, you couldn't even bluff the kids on the school thread that you know what you were doing, and now when you are asked to show a simple backtest you have done your are in a blind panic to deflect the conversation away from what you started and how you were going to prove my ignorance of TA.

    HURRY UP OILY!
     
    #275     Sep 17, 2012
  6. Mysteron

    Mysteron

    Wrong Xpurt.

    These are just links to commercial rubbish.

    Quick look shows they are paid for services:

    $3995 for first, $400/month for second.
     
    #276     Sep 17, 2012
  7. Hang on till I pick myself up after rotflmao

    Your opinion versus some others that count...

    http://minervini.com/

    http://minervini.com/bio.php

    I haven't time for more.

    Oh, and for talking such rubbish you're on ignore ( multiple alias ;)
     
    #277     Sep 17, 2012
  8. Minervini's performance has been nothing short of astounding. His average annual compounded return has been a towering 220 percent.

    Compound it and the guy would be a billionaire by now , but he only requires noobs sandwiches
     
    #278     Sep 17, 2012
  9. cornix

    cornix

    #279     Sep 17, 2012
  10. meanwhile Oily promises 40000 pips a year and a 100% Martingale "system"

    https://www.google.co.uk/#hl=en&sug...pw.r_qf.&fp=a779429bbfa0f72f&biw=1680&bih=918

    Where is this back test so we can all copy it Oily and be clever like you, standing there with your TA trouser down round your ankles ;)

    HURRY UP OILY!
     
    #280     Sep 17, 2012