It's too much of a double negative to keep responding to him, since I don't care about posting fake trades to ET, he's digging a hole that I can't yell loud enough down, and the abyss holds a great many slaughter of ruthless demons when the chamber is opened.
it is irrelevant since you never produced the request for 1 year of records. what are you hiding and why are you currying favor with sykes. is your pay limited to a couple of rides in a Lamborghini? i guess it is time for you to play the manjo. http://www.elitetrader.com/vb/showthread.php?s=&postid=3856678#post3856678
Yes, you taught me how to read price action that way long before you even mentioned Brooks' book to me. I was a terrible student, though, and decided the blueprint for building a wheel that you kept handing me was way too simplistic. Surely the Holy Grail had to be something far more clever than the stuff found in trading books or on technical analysis web sites! After I spent months and months inventing the wheel, you sent me a hand-annotated chart one day (which I still have right here next to me) and I looked at that simple, basic, textbook illustration of pure price action (black OHLC bars, no volume, no indicators, not even a blessed 20EMA) and thought, "Damn, what a stubborn fool I was!" Surf, there is no way I know of to determine with any accuracy that price will continue to a desired target level on any individual trade. I only know the odds of price getting there before hitting my pre-planned stop loss. I agree with you that once momentum pushes price through a key level with conviction, a random entry at that point in the direction of the momentum has similar odds to a carefully planned entry in the direction of the momentum. http://www.youtube.com/watch?v=Sh8mNjeuyV4
Surf, I hate to even respond to your posts, but so that others don't miss the key point regarding you random entry. True, no one knows the outcome of price movement at any time. True, support/ resistance levels are frequent turning points. True, you can be profitable playing those areas, not by predicting direction, but letting the direction taken, take you for the ride. simple.
It's nice that they are "very helpful and willing to answer all my questions" but that's not the category of people we are interested in here.
Yep, statements from the broker and the consistency confirmed by them is what I am after too. No such thing and you simply do not qualify. The best trader I personally know and could attest to the fact that he is really good used to hang out on this forum some 10 years ago, then quit it and never looked back, but he introduced me to the forum. He likes to say that "traders trade and BS artists hang out on trading forums" and there is a lot of truth to it.
I am a pitiful programmer. I can not. Trading is to me 70% art and 30% science. You either get it or you don't.
well I would say it is impossible to objectively backtest something like Elliott wave principle but it is possible to backtest support and resistant, just I want to see if anyone has better idea to define support and resistant in programming/logical statements.
Nothing wrong with that. As long as their success is real, no one should question that, though many will. But these are exceptions to the rule that most vendors are fakes.