Well, the dart was a joke on your astrological thing. But if you see that as a personal attack I cannot help you. But you cannot deny that all the time you tell about all the rich people you know that became so rich because they made the right choice. Which was surely not TA. If they all became so successful following a theory that you underwrite, then it is at least very strange that you are not as successful as they are. Compare this remark to the remarks you make: show me proof, all TA'ers are losers, you should be very rich by now..... You know everything and all people that contradict you are idiots. But you are not able to put your theory in practice successfully. I see some of your remarks as denigrating and personal attacks too. But I never called you a moron or idiot. Maybe a result of another kind of education.
I am daytrading but because I would like to take much bigger positions I am testing my tradingplan on longer term trades. I took 1 ES short (always start slowly till real trading confirms what I think will happen) beginning of March at 2110.50. Margin for this contract 5000$ and stop at 10 points. Almost from start in profit. Never was 2 points in open loss. Last Monday I posted on ET that I was short longer term, but I posted this in a hidden way because I don't really want to post what I do. You can find this posting here: http://www.elitetrader.com/et/index...ding-for-a-living.289259/page-14#post-4096448 At this moment this short is making me a profit of around 3700$, or in other words this month already up 74% (on margin of 5000$) I am sure that TA works. But what you do, and I don't, is tell that what others do is not working. I know that I am not smart enough to make such a statement, but you continuously say TA does not work. It is not because not many people can make money with TA that TA does not work. TA does not work for EVERYBODY, but nothing works for EVERYBODY. You will surely find reasons why I make money and I know now already that it can be anything except of TA, because TA is impossible. And probably a lot of luck. And I know ....if I am so good I should be richer than Buffett. You can also say that I did not do this trade of course, but I posted I was short almost 1 week ago.
I say initially, the great majority are attracted to the markets because of money. Some will evolve (due to losing) and will seek that deeper understanding. Most just give up. I don't think you can put money and (the result) together because there is a "gap" there. Result comes after change (evolve) and not before.....so dbphoenix is right "profits are the result, not the cause" What am really interested is that change (evolve) and how effective it can be for those who can maximise it against the markets.
Many start out with big wins in the market. Beginners luck or whatever. So for some the money comes first.
Bro Surf, I've been posting my edges on ET for years now and I've offered several complete step-by-step illustrations of my best edge ever. Aren't you paying attention??? Once again (sigh), I'll share my number one edge: http://www.ask8ball.net/