Exactly. A consistently profitable trader would be stupid to focus his efforts on selling trading courses and books. Simple as that.
No it does not sound right. Let me set the record straight. I called out romik because he cheated on his calls and make them appear way better than they really are. It got nowhere even though he later on admitted to have made mistakes. Aside that I hold other TA apostles up to their claims. What is wrong with that. If you look to hire a mentor and look for proof of his claimed acumen do you also find it reasonable that the mentor shoots back and asks you to first expose things you never volunteered to expose. Those who sell and those who have a big mouth should understand that they are asked to back up their claims or shut up.not sure what is confusing to you about this?
Absolute horseshit comes out of your mouth, there was 1 error in tally which was corrected and that wasn't any exponential win, just a 1% loss. If I wanted to cheat tally would have been a lot more fruitful percentage wise, so stop lying and trying to discredit. I don't know who you are in real life, but by attacking others online you are showing a huge character flaw and I am certain that you have psychological issues. Again, if I set out to cheat, then sure as hell I would have made it with more finesse. Basically this guy tells everyone that no positive equity curve can be achieved by using TA, let me tell you fella, most academics are of this opinion most likely, because you can't stand people inferior to you on academic level achieving positive results looking at pictures and making unsophisticated calculations. Carry on, seems you have a lot of spare time to be wasted on issues that don't benefit you or others, non-productive time waster, a true sign of a professional.
What's the name of that new site/blog that lays out succinctly why TA is nonsense? Can anyone advise?? thanks
Yes.. I saw this as well.. and it was clearly a mistake with one entry... just one. IMO, what is wrong with that is that you seem to feel that the rules are different for you. Simply put, if you think anyone stating that someone else's strategy is crap and yours is superior, the onus is on you to prove it. Perhaps you're not happy with proof that the TA crowd shows, which is fine, but you have in no way demonstrated anything that even comes close to them with regards to your methods. I don't think that romik is trying to sell anything. Look, we all agree that more transparency would be nice, but if you're calling someone else's methods crap while pumping your own, you better damn well produce the proof of your own methods that you so passionately demand from others. I will grant that nobody on ET is showing nearly enough to prove the validity of their method for the purposes of teaching/mentoring. What is shown is a bunch of ideas and the odd trades. But even those trades shown aren't complete and don't cover a nice range of different market conditions (which is what you would want a profitable strategy to be able to work through.) I agree with you if anyone on here was selling something, but they aren't. Furthermore, wouldn't you say that you have a "big mouth"? I think your posts in the last week qualify you for having this designation, and hence, as you suggest, you should be backing up your claims, or, as you suggest, "shut up".
Guys, vigorous and spirited debate is fine. But personal attacks are not. So review what you write before you hit the "Post Reply" button and remove any name-calling etc. or you will suddenly find yourself blocked from the thread. This is your only warning.
There were several mistakes and I pointed out all of them. You are even dishonest when others stubbed your nose into your own shit. Disingenuous individual. There are lots of assholes on trading floors but being a liar gets you fired because nobody will do business with you anymore. No wonder you never made it farther than talking moving average crossovers. @Magna, if this is considered name calling then please feel free to ban me from this thread or site altogether. But I will never shut up and be silent in the face of liars. Romik lied at so many occasions and even seemed to have convinced you or some other moderator to remove the evidence in said thread. I do not want to be part of a community that condones liars and outright dishonest people. If your policy to police this site is to give preference to liars over rough wording then please exercise your mandate.
Why are you insisting I pump my own ideas. I asked for those that worship TA and pull newbies into the abyss to prove why they think it is so superior. Romik did not make one mistake he made 3 in a thread over a few days and I listed all posts where he cheated with post number and his post and performance quotes.