Bill, You are very welcome. BTW, the second long entry pointed out on Prof's chart is working nicely too... Up till it fails!...(where did I hear that?) Best, Mark
my advice is to ignore unsubstantiated claims and data smoothing techniques have you ever wondered why P.logic and others like him refuse to demonstrate their mastery outside of a carefully controlled environment? have you ever wondered why P.logic doesn't demonstrate this method via an independent verifying service like collective2? heck, even a paper trader can trade there and build a track record. the guy doesn't even post a real time journal of his trades here---- yet, the sheeple follow since he is consistent and adamant with the message. but, hey, keep the faith, man. don't listen to us skeptics. surf
Your lips are moving again. I'm the first to tell people to trust only what they can verify for themselves. That goes for you as well but I guess I'll never have to worry about you testing my methods because you constantly say they don't exist. I don't "demonstrate" anything, I trade. I trade in my office with other traders, I trade in my class with budding raiders and I trade at expositions and in all sorts of conditions. I trade on the road, I trade alamode, I'll trade in my house, I'll trade with a louse. Life is short . . . loosen the hell up. Collective2 is a wonderful place for paper traders to hang out testing stuff to sell. I trade, have fun and make a wonderful living at it. I teach a few times a year at a state college to keep fine tuned and stay in direct contact with other traders, hedgers and investors. I actually enjoy the company of live people and am not intimidated by trading in front of anyone. Why post trades online or in a journal when you can do it live being openly monitored by average people watching the same markets on their laptops? You actually try to make an open uncontrolled forum sound like a bad thing . . . wow. I've offered you the opportunity a few times to independently test my theories but for some reason you won't sit in a room with educated people in state university classroom (not the community college you made reference to), understand it and evaluate it honestly. Hey, I can't fully understand why you wouldn't want to expose me and embarrass me as a fruitcake and lunatic. You just called me consistent and that is by far the unintentionally nicest thing you have ever said to me. The same thing I have been openly discussing in this thread is the same thing have stated for the last 3 years in this forum: Eliminate the variable nature of the markets by taking your charts to the least common consistently accurate denominator. Keep price as pure as you possibly can, then add one and only one indicator to confirm the direction and strength of each oscillation swing on each chart. Use an incrementally faster chart (or merge that data onto a single chart) to pinpoint your entries and exits in the confirmed direction (price & strength) of a spacific chart. Once that environment is laid out, take the next 3 to 4 months, minimum, of screen time to prove it to yourself it is profitable in REALTIME. You can curve-fit anything you want to work with backtesting but the true muster is if can work in REALTIME with a live human pulling the trigger and making decisions they actually have confidence in. Mark & Jimmy, as examples, don't blindly follow what they have learned from me but what they have learned for themselves from their charts. They simply have created a chart, to THEIR liking to trade from, watching it for trading opportunities, THEY trade, profit and goes about their merry ways. THEY trades what THEY see on THEIR charts in THEIR homes on THEIR computers. I am no where around. When one can look at the charts of any market with consistency then ones trading accuracy improves and so does ones confidence. Yes, you are skeptical. You damn well better be. You have ZERO confidence in your own journal. Your consistency is less than 35% this year. A coin toss is more accurate. The sad part is you won't even TRY TO INVESTIGATE something new. If it is full of crap then you have the luxury of shouting to the heavens what an asshole I am but if I'm not wrong . . . You loose by being a pigheaded stubborn closeminded fool. Hell, even if you took my class, I would still think you are pigheaded & stubborn. Lighten up or go personally search for Osama.
The two long trades mentioned today by myself and Prof Logic were quite profitable.... Two trades...NO drawdown....and they weren't the only trades today, just the conservative ones. I thought it might give you pause...silly me... Oh, and let us not forget the second and more profitable trade was called in real time on Prof's chart a few posts back... For myself, I have nothing to prove to anyone...you trade your way and I'll trade mine and all is well in the world. Now I'm done
Marketsurfer claims to be a skeptic. Wrong. He's just a fraud. Promotes his scum book buddy .. but all in all, just a fraud.
I took a visit to Surf's journal. I see someone going to battlefield everyday, fighting with the market left, right and center. I see someone trading with fear, doubt, hope, and uncertainty. I see someone jumping in a trade because he thinks so... then had to carry a losing position overnight because he could not get out. I see someone enters late, takes quick profit, just to see the train roars on without him. I see someone enters too early, holds on too long, and making 10% of what could have been his stellar trade. I see someone with exhilarating wins, just to be decimated by devastating losses. Life's gotta be better than that ! Successful traders are in harmony with the market. Trading should be calm, fun, and relaxing. It should be no more difficult than taking a walk in the park. My life is too short to worry about your hidden agenda... or your beet red behind. I am sure you have found your calling, in your own way.
Wow ... ... ... Now that's gotta be the best Cliff Notes analysis of Surf's Journal that I've ever seen (and this guy is new). It's just so on-the-money in everything he says (um, assuming ET99 is male) that I don't have anything else to say, except. Wow Good trading, JJ
Hi Proflogic, What are the setting that you use for ergodic? That is fast, slow and signal. Thanks, redduke
I've gotten lazy in the last 6 years and it is embedded in the charting software now but I believe it is 49/147/49 (Ave 1/Ave 2/Ave) and slow.