Jump to content



Photo

Richard Arms


  • Please log in to reply
9 replies to this topic

#1 NAV

NAV

    Member

  • Traders-Talk User
  • 16,077 posts

Posted 13 March 2018 - 09:29 PM

RIP

 

https://twitter.com/...630968274698240


"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#2 viccarter

viccarter

    TRIN_Rida

  • Traders-Talk User
  • 1,824 posts

Posted 14 March 2018 - 02:09 AM

Yeah I saw that a few hours ago.  Did he succeed financially from his trading/work?



#3 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 19,294 posts

Posted 14 March 2018 - 08:41 AM

I'm very sorry to hear this. His work was the basis for my first proprietary indicator, way back in 1993-ish. His ARMS indicator is still a golden bottom-spotter. :(

 

While his passing is sad, his contribution to TA lives on and is appreciated.


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter

#4 diogenes227

diogenes227

    Member

  • TT Patron+
  • 4,690 posts

Posted 14 March 2018 - 09:36 AM

Yeah I saw that a few hours ago.  Did he succeed financially from his trading/work?

 

Don't know if Arms himself profited from his work (probably did) but many others certainly have.  IYB, who used to be here and is now on Twitter, uses $TRIN and $TRINQ,  as two of the indicators in his "Seven Sentinels" trading system. IYB's charts still update in the Investors University forum.  He has more than 27,000 followers on Twitter.

 

Yes, Arms contribution to TA will go on...a fine legacy.


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#5 NAV

NAV

    Member

  • Traders-Talk User
  • 16,077 posts

Posted 14 March 2018 - 10:46 AM

 

Yeah I saw that a few hours ago.  Did he succeed financially from his trading/work?

 

Don't know if Arms himself profited from his work (probably did) but many others certainly have.  IYB, who used to be here and is now on Twitter, uses $TRIN and $TRINQ,  as two of the indicators in his "Seven Sentinels" trading system. IYB's charts still update in the Investors University forum.  He has more than 27,000 followers on Twitter.

 

Yes, Arms contribution to TA will go on...a fine legacy.

 

 

 

Twitter is a con game  "You follow me, i follow you". IYB once had 27000 followers and followed 27000 people. How the F^*k can anybody follow 27000 people ? Jesus Christ ! And once you get enough following, you start dumping your followers. It almost sounds like the spring break parties where the guys don't even know how many chicks they slept with. Nobody gives a darn who they follow and who they are being followed by. It's basically a click fraud. It's a sign of a degenerate, narcissist society. One of my friend is a social media scientist. He said, in one of his experiments, he got 1000 followers in a week, by just following a bunch of Bozos who he did not even know or did not care. There is no trust. Everyone is following each other in the hope of getting more followers to feed their narcissist cravings (or marketing needs) and dump them as soon as their "following" count goes high. "Followers" is a meaningless metric.

 

I even see a lot of porn stars following stock analysts. Why ? I would have believed if it was the other way around. 

 

THERE IS ABSOLUTELY NO CONTRIBUTION TO TA ON TWITTER. YOU CANNOT DISCUSS ANY MEANINGFUL TA IN 280 CHARACTERS. 


Edited by NAV, 14 March 2018 - 10:52 AM.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#6 diogenes227

diogenes227

    Member

  • TT Patron+
  • 4,690 posts

Posted 14 March 2018 - 11:52 AM

 

 

Yeah I saw that a few hours ago.  Did he succeed financially from his trading/work?

 

Don't know if Arms himself profited from his work (probably did) but many others certainly have.  IYB, who used to be here and is now on Twitter, uses $TRIN and $TRINQ,  as two of the indicators in his "Seven Sentinels" trading system. IYB's charts still update in the Investors University forum.  He has more than 27,000 followers on Twitter.

 

Yes, Arms contribution to TA will go on...a fine legacy.

 

 

 

Twitter is a con game  "You follow me, i follow you". IYB once had 27000 followers and followed 27000 people. How the F^*k can anybody follow 27000 people ? Jesus Christ ! And once you get enough following, you start dumping your followers. It almost sounds like the spring break parties where the guys don't even know how many chicks they slept with. Nobody gives a darn who they follow and who they are being followed by. It's basically a click fraud. It's a sign of a degenerate, narcissist society. One of my friend is a social media scientist. He said, in one of his experiments, he got 1000 followers in a week, by just following a bunch of Bozos who he did not even know or did not care. There is no trust. Everyone is following each other in the hope of getting more followers to feed their narcissist cravings (or marketing needs) and dump them as soon as their "following" count goes high. "Followers" is a meaningless metric.

 

I even see a lot of porn stars following stock analysts. Why ? I would have believed if it was the other way around. 

 

THERE IS ABSOLUTELY NO CONTRIBUTION TO TA ON TWITTER. YOU CANNOT DISCUSS ANY MEANINGFUL TA IN 280 CHARACTERS. 

 

 

I take it you don't think much of the place.  biggrin.png

 

As for the stock analysts and the porn stars, I am absolutely positive that is a mutual admiration society.

 

P.S.

 

I was talking to one of my kids the other day about social media, since as a millennial he knows tons more about these things than I do.  I asked about IYB's 27K-plus followers.  Out of that many, could 1,000 be actually subscribers?  He said by social media statistics that is possible but probably less. Possible...hmm?  Last I checked (a couple of minutes ago), for a subscription IYB was charging $75...a month.  headspin.gif


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#7 NAV

NAV

    Member

  • Traders-Talk User
  • 16,077 posts

Posted 14 March 2018 - 12:11 PM

 

 

 

Yeah I saw that a few hours ago.  Did he succeed financially from his trading/work?

 

Don't know if Arms himself profited from his work (probably did) but many others certainly have.  IYB, who used to be here and is now on Twitter, uses $TRIN and $TRINQ,  as two of the indicators in his "Seven Sentinels" trading system. IYB's charts still update in the Investors University forum.  He has more than 27,000 followers on Twitter.

 

Yes, Arms contribution to TA will go on...a fine legacy.

 

 

 

Twitter is a con game  "You follow me, i follow you". IYB once had 27000 followers and followed 27000 people. How the F^*k can anybody follow 27000 people ? Jesus Christ ! And once you get enough following, you start dumping your followers. It almost sounds like the spring break parties where the guys don't even know how many chicks they slept with. Nobody gives a darn who they follow and who they are being followed by. It's basically a click fraud. It's a sign of a degenerate, narcissist society. One of my friend is a social media scientist. He said, in one of his experiments, he got 1000 followers in a week, by just following a bunch of Bozos who he did not even know or did not care. There is no trust. Everyone is following each other in the hope of getting more followers to feed their narcissist cravings (or marketing needs) and dump them as soon as their "following" count goes high. "Followers" is a meaningless metric.

 

I even see a lot of porn stars following stock analysts. Why ? I would have believed if it was the other way around. 

 

THERE IS ABSOLUTELY NO CONTRIBUTION TO TA ON TWITTER. YOU CANNOT DISCUSS ANY MEANINGFUL TA IN 280 CHARACTERS. 

 

 

I take it you don't think much of the place.  biggrin.png

 

As for the stock analysts and the porn stars, I am absolutely positive that is a mutual admiration society.

 

P.S.

 

I was talking to one of my kids the other day about social media, since as a millennial he knows tons more about these things than I do.  I asked about IYB's 27K-plus followers.  Out of that many, could 1,000 be actually subscribers?  He said by social media statistics that is possible but probably less. Possible...hmm?  Last I checked (a couple of minutes ago), for a subscription IYB was charging $75...a month.  headspin.gif

 

 

So your kid is a data mining expert eh ? (without having access to the data). 

 

Anyway, i think you got my point. This thread was about an analyst who's contribution to the TA world is huge. Let's not compare that to some twitter guru's following. It's not the same, monetary aspects aside. 


Edited by NAV, 14 March 2018 - 12:17 PM.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#8 NAV

NAV

    Member

  • Traders-Talk User
  • 16,077 posts

Posted 14 March 2018 - 12:24 PM

BTW, this guy has 75k followers - supposed to be a market wizard featured in Jack Shwager. He has lent his name to sell women's underwear, losing belly fat, Pen#s enlargement and what have you !. What an abomination ! This is what twitter is all about. 

 

https://twitter.com/...mRogers?lang=en


Edited by NAV, 14 March 2018 - 12:24 PM.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#9 NAV

NAV

    Member

  • Traders-Talk User
  • 16,077 posts

Posted 14 March 2018 - 01:08 PM

Stephen Hawking R.I.P !

 

What a great mind !


"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#10 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 19,294 posts

Posted 14 March 2018 - 01:27 PM

3557d382-5035-41ee-b836-9ab6c666fc56-Esc


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter