Most successful TA Gurus?

[ceasar73]

Hi All

Of the current batch of TA guru's (Elder..Weinstein..Smith..Williams etc) , which guru(s) is/are the most successful trader??

cheers,

ceasar73

 

[Trembling Hand]

Our own Trader Paul.


:alcohol:

 

[ceasar73]

whos trader Paul?

 

[kam75]

Gosh, who the heck knows. Are you talking about Larry Williams? He sure has been successful in his commodity trading. Runs seminars now and then. Haven't met him but he's one of a handful of guys that I would ever pay to listen to. Dunno when he'll be in OZ though.

 

[sammy84]

Our own Trader Paul.


:alcohol:

Fantastic trader, just looking to mars now

 

[tech/a]

Whats the guide to successful?

Profit?
Longterm return?
Id say most of them make more out of teaching than trading.

 

[beamstas]

Our own Trader Paul.


:alcohol:

whos trader Paul?

Hahah Classic!

I'll throw a name into the ring - Paul Tudor Jones

My favourite quote:

"Q: Let's play a word association game. I'll say a word and you say whatever comes to mind.

Q: Technical analysis

Paul Tudor Jones: Made well over half the money that I've made in my lifetime.

Q: Fundamental Analysis

Paul Tudor Jones: Made the rest. "

Not sure if he qualifies as a "guru"
But he sure knows how to extract money from the markets

Cheers
Brad

 

[Timmy]

Id say most of them make more out of teaching than trading.

Yeah I would say that out of the list provided by the OP that would be right. Making more money out of teaching than trading would seem to be a key definer of a 'guru'.

Toby Crabel comes to mind as someone who wrote some articles, then a book (so on the path to gurudom) then made the leap to very successful trading.

 

[stevo58]

Dan Zanger - Runs a newsletter, pretty successful chart patternist and certainly has a high tolerance for risk.

Marty Schwartz - Maybe not much of a guru but certainly a successful TA guru and you can get scraps on how he trades via Pit Bull.

Bill O'Neil - Half Fundamentals, half TA. Practioner of the Cup & Handle pattern. He's done pretty well for himself and has proved a good guru so to speak.

Robert Miner - Successful EW theorist.

My

 

[Trembling Hand]

For true Guru's you cannot go past these two.

 

[Timmy]

Marty Schwartz - Pit Bull.

Great book!

For true Guru's you cannot go past these two.

LOL

 

[skyQuake]

Don't think you'll find anyone that relies on just t/a to be very successful.

 

[ceasar73]

Don't think you'll find anyone that relies on just t/a to be very successful.

what are you saying? t/a cannot make you mega rich?

 

[MRC & Co]

Ceasar, are you trying to convince yourself charts work? Or what is the point of this thread and the charts one in the trading systems/strategies forum..........

 

[skyQuake]

what are you saying? t/a cannot make you mega rich?

Well off but never mega rich. TA imo is a shortcut to learning the REAL supply and demand/market dynamics. A useful tool.
But in the end, 10k will not move a market. 100k will not move a market. 1mil may move a market, 10mil good luck getting filled.

 

[kam75]

For true Guru's you cannot go past these two.

rubbish

 

[tech/a]

Don't think you'll find anyone that relies on just t/a to be very successful.

Define Very successful.

 

[beamstas]

I'll give you 4 tips

1. T/A is not the holy grail
2. F/A is not the holy grail
3. There is no holy grail
4. Stop looking for the holy grail and just trade

 

[tech/a]

3. There is no holy grail

Define holy grail

 

[white_goodman]

Define holy grail

define define