The authors of "The Bible of Technical Analysis" and review of the "Bible".

Discussion in 'Religion and Spirituality' started by GloriaBrown, Sep 6, 2015.

  1. EPrado

    EPrado



    I am ignoring you. Trust me. I have zero interest in anything you say when it comes to trading. My post on here was adding to what RN had said. You decided to post to me. I'm just replying to your post. I have tried conversing with you on here about trading, but it's useless. You backtrack and change things around...delete things...ignore when called out on something. You love to cherry pick things to make you look right. Why anyone on this site would take anything you say seriously is beyond me.

    Yes, a guy who has blown out trading and admits he does not make money from trading should guide others on how to trade. You live in The Twilight Zone.
     
    #41     Sep 7, 2015
    Frederick Foresight and Redneck like this.
  2. ok, I can understand that.

    surf
     
    #42     Sep 7, 2015

  3. Once again, i need to correct this post. I don't make my living purely from trading, but I do make money from trading. Yes, i have blown out in the past-- i am not ashamed of this per se'

    I hope you didn't have much planned for today-- looking south appears very dark and i see much lightning.

    peace,

    surf
     
    #43     Sep 7, 2015
  4. EPrado

    EPrado



    I'll pass on the invite. I trade during The Asian hours as well now so I can't get out during the week at night.
     
    #44     Sep 7, 2015
  5. EPrado

    EPrado

    We are getting bombarded by crazy storms here.

    Let's agree to just ignore each other. I'm actually sick of posting back and forth about the same thing. I am sure most of ET is getting sick of it as well.

    Good luck with everything.
     
    #45     Sep 7, 2015
  6. Ok, Ferrari NA is the sponsor on October 22 ride and drive party with the new California T ( i think that is the model) Just a heads up if you want to take a break. peace, surf
     
    #46     Sep 7, 2015
  7. you have a Deal--- peace, surf
     
    #47     Sep 7, 2015
  8. londonkid

    londonkid

    If you guys do ever meet up can you get someone to film it so the rest of us on ET can enjoy the moment.
     
    #48     Sep 7, 2015
    i960 likes this.
  9. qxr1011

    qxr1011


    One should not confuse analysis with the method, and the analyst with the trader. :)

    As for TA, it is not a science, so it surely works for those who can use it, for those who can not - it does not. :)
     
    #49     Sep 7, 2015
    romik likes this.
  10. wrbtrader

    wrbtrader

    Hey Surf,

    You've been asked in the past many times to give an example of what you consider to be an "objective TA system based on fixed rules" but you never do.

    Is it possible for you to do it now ?

    As I stated before, I bet if folks new what part of TA you're talking about, you wouldn't have as many debates. For example, I remember many years ago it took you a few years to admit you yourself used TA and found it to be "useful". Later (a few years), you started saying for "descriptive or illustration purposes only".

    You also stated that you didn't know anybody that used TA successfully in any way. Yet, one day you posted brokerage statements of your friend Timothy Sykes to prove to several ET members that he was a profitable trader.

    Upon research, I discover that Timothy Sykes had several online videos where he discusses he uses TA and not for descriptive or illustration purposes only". He uses them to time his entry with other methods (e.g. fundamentals) he's using and the below quotes are his words.



    The above is his own words. It doesn't sound like he's using TA for illustration purposes only. There's many other statements by him about "how" he uses TA and about how its "a key" to his profits.

    Note: I underlined and bold the word by Sykes to put more emphasis on something that's not for illustration because it seems like he's talking about making predictions of the futures price action.

    As a reminder, you defended him in many arguments here at ET about his profitability. You have posted his brokerage statements as proof (verification) of his profitability.

    Do you realize how this looks. Essentially, you have been posting proof that you know someone that is profitable and that person uses TA regardless if he's using it with other types of trade methods. Yet, you do not mention anything about his use of TA except once to me in a conversation in which you specifically stated "he's using TA with other methods and TA may be useful that way".

    Getting back to my original question, I will assume Mr. Sykes isn't using an "objective TA system based on fixed rules" considering if he did...you wouldn't be posting his brokerage statements to verify his profitability.

    Once again, what exactly is a objective TA system based on fixed rules ?

    It makes me think you simply meant to say an automated trading system based on TA or a mechanical trading system based on TA (e.g. MACD, RSI).

    You see surf, the above is a lot different than just showing up in threads and saying "TA doesn't work" or "TA is a fraud" just to start debates and then later start your typical routine of posting clarifications about what you really meant to say. Heck, you once told me in a reply that you "meant to say TA with indicators" is what you meant to say that it "does not work".

    Conclusion, the following is a list of TA that you do not have problems with and have posted brokerage statements of traders you know are profitable.

    1) Subjective TA
    2) TA used with other trade methods (e.g. fundamentals)
    3) TA without indicators

    P.S. You once called "subjective TA" voodoo or on the level of astrology. Its hard to keep up with what you "meant".
     
    Last edited: Sep 7, 2015
    #50     Sep 7, 2015
    kut2k2 and Redneck like this.