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#41 zoropb

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Posted 25 May 2011 - 07:00 AM

Common guys enough your both good from what I have seen over time. The markets are hard enough without battling each other too. I like both you guys and I had to say something because I hate to see two good traders and nice guys going at each other. So show the class you both have and end it.
I run a traders Blog with high probability targeting on ES , YM, and will put up 3 others if asked. I mainly trade es and YM. http://ztradingintro.blogspot.com/ YM targeting is closed to any new members for good. Thanks for your interest. Good trades to you.

#42 TechMan

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Posted 25 May 2011 - 07:14 AM

Common guys enough your both good from what I have seen over time. The markets are hard enough without battling each other too. I like both you guys and I had to say something because I hate to see two good traders and nice guys going at each other. So show the class you both have and end it.


I will end it, but Orange started this whole thing, not me. I was only re-acting to the action he had initiated.

#43 TechMan

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Posted 25 May 2011 - 07:27 AM

Currency movements in the short-term are generally extremely difficult to predict. There are forex brokerage statistics showing that more short-term traders lose money trading in forex than in any other asset class. Given that, I imagine trying to predict forex movements in order to predict the movement of equity indices such as the S&P is extremely difficult if not impossible ....


ALYSOMJI - I'm not sure why this has to do with anything. Who's talking about short term forex trading? And, who's talking about " trying to predict forex movements in order to predict the movement of equity indices"?

As far as I'm concerned, forex serves as a confirmation. When I observed something happening overnight in the Dollar, for an instance, I believe I'd said something like "we'll see" or "the night's still young", etc. I don't profess to know where the Dollar or the euro are going to end up the next morning.

Either you've misread my comments or you're simply trying to tweak what you had just found out from "googling" to fit your argument.


TechMan, I would not be surprised if we compare Orange's track record to yours and Orange comes out at least marginally ahead, if not significantly ahead.


You would not be surprised? And, do you know that for a fact or just based on your personal prejudice? Did you look up all the trades that I've ever posted here. It's always easy for someone who's never posted a trade to want others to compare trading records. Well, all the records are here for those interested to retrieve, and you may be surprised.

And, where's your trading record, other than your theoretical mumbo jumbo that keeps changing whenever the market moves against your "prediction"? I don't even bother to read that crap of yours anymore. You're going around making commentaries as though you're the authority without any trading record to back it up. It seems to me that you've been doing more "googling" than actual trading, if at all.

I'm not sure which part of "I give up" that I had posted in one of your threads you don't understand. I can't have an intelligent discussion with someone who doesn't even know the basics of the importance of volume and the Head and Shoulders pattern. In case you still don't get it, I gave up. I gave up on trying to have any discussion with someone as ignorant as you are.

I'm going to get ready for the trading sessions. Feel welcome to open a new thread tonight to continue our "discussion".

Edited by TechMan, 25 May 2011 - 07:35 AM.


#44 dasein

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Posted 25 May 2011 - 09:38 AM

TM - where did you hear these rumor? and - why do you try to spread them??? all I found from yesterday was Dennis Gartman opined Germany should leave the EU - and that these "opinions" were flying last year too - Gartmann is not Merkle or Weber for that matter - when someone German with power says it, I will take notice. The German citizens are tired, but they have been tired of footing various large bills since 1999 & 2000 - they are very complacent - that might change, but like citizens all over the world they worry more about very insignificant things and have lost any belief that they might influence change in politics ... last time they were mad about a big bill was the Versaille Treaty - lets hope we dont go back to something like that! and yes - you and orange are both serious contributors, but I cant help but notice TM, you take people in a very narrow context at times, your context that is, and there are so many other possibile ways - so please just be a little more open minded and none of this mine is bigger than yours from anyone - that is just so ... icky. Why Germany Shouldn't Leave the Euro‎ Seeking Alpha - Cullen Roche - 22 hours ago Dennis Gartman of the Gartman Letter believes Germany is likely to leave the euro. He says the German citizens are tired of footing the bill for the rest of ... Will the Euro Conquer What Napoleon Could Not?‎ - Benzinga all 4 news articles » EWG - FXE ► It is Germany that should leave the eurozone‎ Financial Times - Panicos Demetriades - 6 days ago Without Germany in the eurozone, the euro would quickly depreciate to a level that would help reinstate the competitiveness of the periphery.

Edited by dasein, 25 May 2011 - 09:44 AM.

best,
klh

#45 inamosa

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Posted 25 May 2011 - 10:29 AM

Currency movements in the short-term are generally extremely difficult to predict. There are forex brokerage statistics showing that more short-term traders lose money trading in forex than in any other asset class. Given that, I imagine trying to predict forex movements in order to predict the movement of equity indices such as the S&P is extremely difficult if not impossible ....


ALYSOMJI - I'm not sure why this has to do with anything. Who's talking about short term forex trading? And, who's talking about " trying to predict forex movements in order to predict the movement of equity indices"?

As far as I'm concerned, forex serves as a confirmation. When I observed something happening overnight in the Dollar, for an instance, I believe I'd said something like "we'll see" or "the night's still young", etc. I don't profess to know where the Dollar or the euro are going to end up the next morning.

Either you've misread my comments or you're simply trying to tweak what you had just found out from "googling" to fit your argument.


TechMan, I would not be surprised if we compare Orange's track record to yours and Orange comes out at least marginally ahead, if not significantly ahead.


You would not be surprised? And, do you know that for a fact or just based on your personal prejudice? Did you look up all the trades that I've ever posted here. It's always easy for someone who's never posted a trade to want others to compare trading records. Well, all the records are here for those interested to retrieve, and you may be surprised.

And, where's your trading record, other than your theoretical mumbo jumbo that keeps changing whenever the market moves against your "prediction"? I don't even bother to read that crap of yours anymore. You're going around making commentaries as though you're the authority without any trading record to back it up. It seems to me that you've been doing more "googling" than actual trading, if at all.

I'm not sure which part of "I give up" that I had posted in one of your threads you don't understand. I can't have an intelligent discussion with someone who doesn't even know the basics of the importance of volume and the Head and Shoulders pattern. In case you still don't get it, I gave up. I gave up on trying to have any discussion with someone as ignorant as you are.

I'm going to get ready for the trading sessions. Feel welcome to open a new thread tonight to continue our "discussion".


I think a lot of your posts are full of crap, too. Good to know we feel similarly about each other. I rarely bother reading more than the first sentence or two of your posts, if that. This time I felt like I should actually read the whole thing and respond since you're actually being dumb enough to attack one of the better posters here (Orange).

I'm not interested in building a trading record through TT. I occasionally share items that may be of general interest from research I do for my own trading. That is all. There's no one here I'm trying to impress. My account tells me when I'm doing things right and when I'm not. Its opinion is the only one that matters to me. Unlike you, I don't seek or desire the adoration of people, thank you very much.

You boast about all your great trades on this site (I have yet to see evidence of them...but then I don't have time to do an investigation, either) and insist everyone post a trade and bring a track record with them before they say anything. Well, too bad - unless you're going to pay me for my recommendations and for my time, I don't owe you crap. I'll share what I feel like sharing and when I feel like sharing. You don't run this site site and you don't make the rules for it so if you want to keep acting like a toddler, go ahead - I assure you that the few who bother listening to you will eventually leave you alone so you can be one with your glorious self.

And, I have every right to change my mind if I think it's appropriate to do so based on changes in the market. A trader who can't adapt his views or know when the game's changed will be dead in the water in no time. Nevertheless, I've been pretty consistent about my views when I've posted on this site, and I stand by the work I do.

P.S. Go here if you want to actually learn something useful about H&S patterns that is not based on the typical folklore and myth that you preach, but actual testing: http://thepatternsite.com/hst.html
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months

#46 DCS

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Posted 25 May 2011 - 11:17 AM

I will end it, but Orange started this whole thing, not me. I was only re-acting to the action he had initiated.


LMMFAO!! Are you serious?!? Dude posted some comments and you started schooling him like a child!

TM: "Orange, i can't teach you anything b/c you won't listen wa wa wa..."

Honesly, who thinks they can talk to another person like that? Do you live in a cave?

BTW - was it really TM short vs Orange long?

How's that working out? :P

#47 TechMan

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Posted 25 May 2011 - 11:22 AM

I will end it, but Orange started this whole thing, not me. I was only re-acting to the action he had initiated.


LMMFAO!! Are you serious?!? Dude posted some comments and you started schooling him like a child!


He started out by giving me the Z's. Otherwise, I would have no problem at all.

#48 TechMan

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Posted 25 May 2011 - 11:23 AM

TM - where did you hear these rumor? and - why do you try to spread them???


Trying to spread the rumor? I thought I was just answering someone's question about what had happened.

I receive text messages from other traders throughout the day. Of course, juicy speculations and conspiracies tend to catch our attention. After further checking, I think it might've started with Dennis Gartman's letter.

#49 TechMan

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Posted 25 May 2011 - 11:27 AM

I think a lot of your posts are full of crap, too. Good to know we feel similarly about each other. I rarely bother reading more than the first sentence or two of your posts, if that. This time I felt like I should actually read the whole thing and respond since you're actually being dumb enough to attack one of the better posters here (Orange).


Yeah right.... Only this time you had decided to read my whole "crap".

Why bother to read any sentence at all? Just get lost. Stop bothering me. As far as I'm concerned you're not a real trader, and your comment has absolutely no value to me. All you're doing is googling all day and trying to pretend that you know something.

I think, linguistically, a newer home is not a brand new home; an older lady is not really an old lady; and better is not really good. You've never come out and said he's a "good" poster or a "great" poster. Instead, you've been consistently using "better". And, therefore, subconsciously you don't think he's really good.

Edited by TechMan, 25 May 2011 - 11:32 AM.


#50 orange

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Posted 25 May 2011 - 11:37 AM

I think linguistically, a newer home is not a brand new home, an older lady is not really an old lady, and better is not really good. You've never come out and say he's a "good" poster or a "great" poster. Instead, you've been consistently using "better". And, therefore, subconsciously you don't think he's really good.


I've always believed that being right will make you a good trader.

Being able to manage positions and adapt to a changing environment without losing your marbles is what makes you great.

Hopefully we both can continue to improve out skills without losing all our marbles; and I'm not just referring to marbles from a monetary view.

I wish you continued success. Out.
"When your position is underwater, average down" - Trader Bob