Jump to content

Recommended Posts

Guest EA-trader

Panda 

 

Some of it very true, but he is only telling half the truth.He is hiding the other half, so it makes it easier to sell his education, seminars and books.If he told the other half, nobody would buy anything from him.

 

Same as Wyckoff , he was a broker ,who wrote books , sold t/a and bs , so they would all generate more income for his brokerage.Most of his teachings are probably not true either.

 

Now you have an industry of blind leading the blind , or marketeers of misinformation.

Link to comment
Guest apadhani

Elder might have failed at trading, because his income is from books,seminars,videos and selling holiday camps to wealthy and corporate holiday makers. He does not even discuss ,or maybe does not know 10% of trading psychology.Wonder if professional trading is  about the blind leading the blind.

Link to comment
Guest apadhani

If they get it wrong so often, then their back tested system must be right, then robots and automation is the answer.Wall street is replacing humans with robots.It is psychologically, the 12 inches between the ears where most fail.

Link to comment

Are robots (programmed by people) not going to suffer the same conundrum? I liked the growing sophistication of thought processes shown in the series of cartoons that finally arrive at a headache which seemed about right to me. 

 

Cognitive flexibility, the ability to switch quickly is a tricky thing to reprogram in the self and probably a bit easier in the bot, that's probably all it comes down to. 

Link to comment
Guest apadhani

No.

 

Robots are disciplined, they can cut their losses, they can change their direction whilst the human brain is lost, in 50 different psychological flaws of the human mind.

 

Humans don't like to lose.Cut your losses ,take your losses, emotions can be controlled , according to fake Gurus .

 

Link to comment
Guest apadhani

Now,  you realize you are suffering from a psychological defect of  the human brain in trading , that Casey needs to be right ,about punctuation and grammar  and most importantly trading entry.

 

so CASEY will close trades  prematurely , because he needs to be roight,

 

 

 

Link to comment
Guest apadhani

Wall street has realized the flaws of the human mind in trading, it makes more money from automated hft, something humans can not do.A little guy can now trade  with 50 robots, trading about 20 strategies simultaneously  through the use of EAS. Humans find it difficult to trade 1 strategy successfully, but now with IG'S low lot sizes and mt4, it is possible for little humans to succeed in an industry, where everything was promoted for the benefit of the bucket shops and bots also  overcome the psychological demons of humans in trading.The bots can win against the psychological demons, by bots avoiding them and by letting 50 bots sit patiently,until there is an opportunity to make money.The latter avoids the traps of the bucket shops, the bots will soon start winning the war with chinese  EAS.

Link to comment
Guest EA-trader

 

This split personalities very evident on forums, but not on this forum,only clients are allowed here.You may get hundreds of personalities on private forums, all of them are designed to employ split personalities, to promote their agendas against the little man.

 

Refco's daughter had her own forum, the daughter followed the same blood of Refco, carrying out illegal activities against clients.Last year .the cftc banned  Refco's bad blood brokerage outfit from carrying out it's activities in the United States.Stooges of the 5%  were present on every forum, their job was to prevent the little man from being profitable.

 

The 5 % has stooges planted every where to ensure the little guys do not become profitable, the 5% will try to prevent the 95% their victims, that is how the industry is set up.

 

The problem will remain, but it is not in the long term interests of the honest broker.

 

It is virtually impossible task for the little man to design profitable robots, one has to experience and understand profitable trading The industry is the blind leading the blind.Those who failed write books,teach,coach,sell seminars,signals and generally breed the failures of tomorrow.Those who can do, those who can't teach,write books,sell  signals.coach, educate and sell maps of technical analysis..Those who can trade,trade!Those who know nought are gurus to the new failures of tomorrow.

 

The internet will eliminate the problem,sooner or later.Most of the failures will not be gurus for long, word gets around,they hang around internet marketing sites.

Link to comment

Of course the main problem with split personalities is that it may lead the person to develop multiple persona which can lead to all kinds of complications. Here for example oilfxpro is trying to explain why he is using his third login name to reply to a question addressed to his second login name before finally signing off in his first login name.

 

You can see how confusing this can get so why bother? Well, if you like to engage baiting and flaming I presume the pretence that there are a number of you instead of just one might make it more effective.

 

Some think that it is their precise punctuation and grammar trademarks that give them away but those are just the final proof, what really gives them away is the same general manner and attitude of the text.

 

ofp2.PNG

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,294
    • Total Posts
      90,938
    • Total Members
      41,418
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    ALJINVEST3
    Joined 08/02/23 06:13
  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, 8 February 23,   Uniswap / U.S.dollar(UNIUSD) UNIUSD Elliott Wave Technical Analysis Function: Follow trend     Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave III of Motive Details: Wave 3 rise is likely towards the level of 15.37 Wave Cancel invalid Level: 4.946 Uniswap / U.S.dollar(UNIUSD)Trading Strategy: Uniswap is likely to recover well as price breaks through the MA50 and MA200 are bullish signals. and leads to the movement of wave III that is usually equal to 1.618 x the length of wave I at the level of 15.371. Uniswap / U.S.dollar(UNIUSD) Technical Indicators: The price is above the MA200 indicating an uptrend. The wave oscillators above Zero-Line momentum are bullish. TradingLounge Analyst: Kittiampon Somboonsod Source : Tradinglounge.com get trial here!   Elliott Wave Analysis TradingLounge 4H Chart, 8 February 23,   Uniswap / U.S.dollar(UNIUSD) UNIUSD Elliott Wave Technical Analysis Function: Counter trend     Mode: Corrective Structure: Flat Position: Wave (B) Direction Next higher Degrees: wave ((2)) of Motive Wave Cancel invalid Level: 4.95 Details: Pullback of wave (B) when end, the price decline to wave (C)again. Uniswap / U.S.dollar(UNIUSD)Trading Strategy: Uniswap There is a strong recovery trend when the price breaks MA50 and MA200 is a good sign. But nevertheless, the price is in a phase of retracement in wave (2), when it finishes, the price resumes upward trend. Wait for wave ((2)) to complete. Uniswap / U.S.dollar(UNIUSD)Technical Indicators: The price is above the MA200, indicating an uptrend. The wave oscillators below Zero-Line Bearish momentum.
    • may I ask if anyone knows where is a good place where there is a forum on Excel Based Trading?
    • Look Ahead to 08/02/23: Oil inventories; TTEF, DIS, UBER and BDEV earnings Oil, tech, and the consumer are set to dominate the markets on Wednesday, with earnings from TotalEnergies (TTEF), EIA data, and results from Walt Disney (DIS) and Uber Technologies (UBER). Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Tuesday 07 February             
×
×
  • Create New...