Why does TA not work (for you)?

Discussion in 'Technical Analysis' started by Xspurt, Aug 4, 2012.

  1. ammo

    ammo

    just as a saw,square,level and hammer are necessary tools for a successful carpenter, so are the many clues present in technical analysis,when working. ,unless the carpenter knows how to use them they are more dangerous than useful,same goes with the tools we use in trading ..the most important tool is your mind ..... "by proper mental equipment,we do not mean the mere ability to take a loss,define the trend or execute some other move characteristic of the professional trader. We refer to the active or dormant qualities in the make-up: viz,the power to drill himself into the right mental attitude; to stifle his emotions,such as fear,anxiety,elation,recklessness; to train his mind into obedience so that it recognizes but one master-the tape. These qualities are as vital as natural ability ,or what is called the sixth sense of trading." Wycoff circa 1910
     
    #761     Aug 9, 2012
  2. To interview a person has to ask questions.

    You have a record of question asking.

    The consequences of your question asking are also on the record.

    You see your suggestion as an offer.

    You believe you are doing something typical.

    Long ago, I gave you the Pattern. The Pattern is "outside of the box" for most people and for you, it is deemd "gibberish".

    I have written a book that addresses every detail of a system. By mid september, I will go to a platform vendors meeting to see if I can gain some education on their limitations. I need "to burn" a few platform vendors to find out why the state of the art is so abysmal.

    I also will have completed an Appendix that has a trading record of growing capital using a complete system.

    Ludicrous is in the dictionary.

    Once I scheduled four times with CNBC. It ws not my destiny to go to Engelwood, NJ. There was no way to negotiate an exchange between two parties where there is no overlap of knowledge that has utility.

    You will not know what I am talking about. I will know what your questions are NOT talkiing about.

    for what ever could come up, I can open an fully written and illustrated resource. But you cannot grasp the contents in the resource.

    Once I called the money man at Prentice Hall. I was assigned the senior editor of your editor in 48 hours. how did that happen? In one phone call, I pointed out the mistakes of Prentice Hall; they got the message.

    You will never write as many books as I have written. I have many disciplines in which I am accomplished. I write in those disiplines.

    Our minds are different.
     
    #762     Aug 9, 2012
  3. Redneck

    Redneck

    NOD,

    Simply and very eloquently stated Ma'am :)


    RN
     
    #763     Aug 9, 2012
  4. Trend Following

    Trend Following Sponsor

    I still don't understand your fear of being interviewed. Everyone knows exactly how interviews unfold on my podcast. Can you explain the fear?




     
    #764     Aug 9, 2012
  5. cornix

    cornix

    Yes, definitely. But only regarding those who, as you said, can never make it work.

    Both winners and losers watch the same market data, the only difference is in their perception.
     
    #765     Aug 9, 2012
  6. cornix

    cornix

    Only those two companies or some other clearly legit 3rd party resource is fine too?
     
    #766     Aug 9, 2012
  7. cornix

    cornix

    Our brother Surf seems to be fishing for track records here... :p
     
    #767     Aug 9, 2012
  8. I make use of one custom indicator, but it only plays a part on some trades. Mostly just identifying price levels and using price action.
     
    #768     Aug 10, 2012
  9. Jack!!! I would like to have your so called books hanging in my restroom. They will by made of the cheapest paper one can get on the street right? My ass will be glad reading it every time I will be wiping it.

    I love you Jack!!! Thank you! Bring it on!
     
    #769     Aug 10, 2012
  10. Simply, it's difficult for all four of them to get their
    schedules in sync for an interview...
    Snopes !
     
    #770     Aug 10, 2012