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Educators who should be discredited


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Educators who should be discredited

  #11 (permalink)
 
tickvix's Avatar
 tickvix 
USA
 
Experience: Intermediate
Platform: Infinity
Broker: Infinity
Trading: ES, Euro
Posts: 232 since Feb 2010
Thanks Given: 137
Thanks Received: 157


bobbyacim View Post
Thats why I don't post anymore. Got tired of defending my stance that consistant profitability in intraday trading is not do-able from a long term perspective. I do notice over 5000 views to my posting and yet no one has submitted any evidence that would disproof my hard earned conclusions.

Finished reading Gary Smith's( How I day trade for a living) and the guy pours out his heart that after 19 years of studing charts and using hundreds of techincal indicators, he was still not profitable! He tossed them all and started focusing on Quasi-fundemental indicators like "Sentiment" plus he went to a longer timeframe instead of intraday(which could be minutes)

To this day he has a on going challange that if anyone can show proof(statement) of 18 months of daytrading profitablity... - hey I only wanted 12 months!!!

I cannot get it why would anyone should show anything to you? And why prove anything. Very interesting point of view.
Perhaps I'm missing something. Please do tell...

Gregory

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  #12 (permalink)
Tundi
Fullerton, CA
 
Posts: 201 since Dec 2010
Thanks Given: 33
Thanks Received: 98


bobbyacim View Post
To this day he has a on going challange that if anyone can show proof(statement) of 18 months of daytrading profitablity... - hey I only wanted 12 months!!!

What does the challenger get for doing that? Is there a restriction on who "anyone" can be?

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  #13 (permalink)
 mainstream 
Chicago, IL
 
Experience: Master
Platform: Kinetick Ninja Trader <7>
Broker: Ninja & IB
Trading: YM & Equities & Options & Mutual Funds
Posts: 174 since Jun 2010
Thanks Given: 57
Thanks Received: 88


They get an Ipad.

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Last Updated on March 2, 2011


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