Today, officials from the Global Retail Traders Alliance, Big Mikes Day Trading Forum (BMDTF) and the Wall Street consortium, Stop Runners International, led by Goldman Sachs signed the Indicator Non-Proliferation Treaty.
Speaking on condition of anonymity for fear of reprisal from the indicator industrial complex, officials from the GRTA and BMDTF expressed immense relief that a decade of behind the scenes work had finally paid off.
The purpose of the treaty is to end the decades long practice of the Wall Street funded Stop Runners International of designing, marketing and convincing global retail traders of the effectiveness of indicators. Officials have long suspected large industrial trading firms were behind the design and marketing of these so-called indicators. Unbeknownst to the retail user, any time a trader loaded one of these “indicators” on their chart, the large trading firms would know about it from secret instructions known as CAD or "Certain Account Destruction" hidden in the code. This would prompt the large trading firms to take the opposite side of the trade and run the retail traders stops. This has contributed to the demise of many retail traders.
The indicator industrial complex is a large and often shadowy web of coders, marketing companies and “educational” firms all funded by Stop Runners International. Many times these firms have no knowledge of others in the web of deceit. This is what makes the entire conspiracy so hard to believe. Yet officials from GTRA and BMDTF have been fighting the good fight for many years and finally have victory in sight.
Officials also said we must continue to be vigilant lest these insidious indicators make their way back into the retail trader’s tool box by some other nefarious means.
Traders and their families wishing to join in the fight should become an elite member at www.bigmiketrading.com and join in the discussion thread entitled “The Elusive Price Action and How to Trade It".
Global Retail Traders Alliance is a loose network of individual traders from around the world dedicated to profitability and the fight against the large trading firms that seem to always know where their stops are.
Big Mikes Day Trading Forum is a place where traders come to learn from their peers, chronicle their trading journey from indicators to the promised land of indicator free charts and to listen to the sage advice of its founder, Big Mike. Big Mike has been a fierce proponent and promoter of naked charts for quite some time and refuses to reveal his stop placement to the enemy.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Last edited by PandaWarrior; May 30th, 2010 at 05:42 PM.
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