It all depends on if its automated or not. If its both automated and they still look at a visual representation they are both a technical analysis and an algo trader. If they have some how created a custom indicator or any other form of visual representation. It is technical analysis. Regardless quants know if they are net positive or not.
Who said anything about business details. Hypothetically it can be as easy as this. Trade #1 +5 points Trade #2 +9 points Trade #3 -13 points Trade #4 +10 points Net Positive +11 points To easy and did not give away any business details. Just did a trade recap. If you were trading forex the #1 market in the world (same market billionaire george soros made a lot of his money) you would use pips instead of points. you can clearly see above in that example that trader was net positive.
Yes indeed. As with all things Goodboy, it's just hype; smoke and mirrors. With regards to playing with toys, keep in mind Surf's understanding of "Technical Analysis" is this: <img src="http://i34.tinypic.com/5oay6h.jpg"> From <a href="http://www.elitetrader.com/vb/showthread.php?s=&threadid=123557&perpage=6&pagenumber=139">this ridiculous ET thread</a>. Read it yourself in all its brilliance. And Surf, with regards to your comment about the insidious motives of detractors, I'm putting forward one simple reason why you piss me off: you can't stop creating sockpuppets. It's like an addiction for you. ET user Dalmation is your latest creation, for instance, and most can recognize specific tics of yours in your harem of socks. This is a discussion board -- if you want to sling mud at someone, be a man and just say it as marketsurfer. If you want to provide online blowjobs to vendors, do it as marketsurfer. Ever see that sociopathic anti-Semite who creates aliases every week here to post about how the Jews caused 9/11? Yeah, same nuisance. Trolls are part of the ecology of any online community, but you also seek "gigs" from Elite Trader while stuffing your hand in a sock. And that's just kinda... pathetic.
You are following the wrong trendfollowers Surf. I respect you because if the market knocks you out, you post it. But many trendfollowers do not comprehend the fractal nature of markets. So they are late in entry. Most people I see here are at least a day late going into a trade. It is funny, but sad at the same time. For example: RIMM has been in obvious trouble since Feb. Folks figure it out in JUNE???????
Anyone had any luck selling cars on eBay? If I recall, someone on Etrader tried to sell a Bentley a while back. Wonder if that worked?
Thanks I just read that post. Interesting enough it was started April 1st 2008 which would have been a great april FOOLS DAY. However if he would have said sub 700 instead of sub 600 he could have used the October 2008 low as a sign he was correct although he was stopped out before it ever got to October. Since October 2008 when gold went below 700 its has increased over 100%. To continue to hold on to old tired beliefs and to defend an obvious losing trade is borderline insanity.
Oh it's not even the call itself that I care about. It's the fact that marketsurfer was looking at that 15 minute chart when calling a long term top in gold, and that that chart is littered with an indecipherable mess of canned envelopes and moving averages. That's how he apparently chooses his positions -- at least as of a few short years ago while he was a guru -- and it also explains why he was burned by TA. Anyone looking at that chart would conclude he has no clue what he's doing.
Doesn't the same apply to the stealth vendors stalking various threads on ET? Shouldn't they man up and buy a site sponsorship?
Oh, look: another convenient strawman. Where would you be without your loyal and growing army of strawmen? Yeah, that's it.