I sometimes mix up Gartly and Porper by a quick glance at there avatar. I think that has happened here also.
Well said qldfrog
Yea, sorry Gartley, I didn't even realized porper stucked his head here so at quick look I somehow assumed that discussion was still between gartley and me. Porper sounds like an idiot to me, so he is on ignore list. He is one of those who bites one count (usually bullish forever) and never let it go. I was laughing when he posted that CBA will take the shape of triangle and small caps will take off. TLS was also funny. He must have known that small caps are leading the market, and the fact that they are near 2009 lows says everything.
By the way, I noticed that people don't like when the count changes. But it is essential, because there is no sure way of knowing what wave operates untill it reaches the "point of no return". Changing counts significantly adds to profitability. I am not Porper, I am not bullish forever, trying to fit every structure into bull market. I was bullish, but changed my point of view in the middle of wave (1), despite it was a bunch of 3's and looked like correction. Also, in every post where I was bullish, I added one sentence-there is an alternate count. At the time I could not be bearish, because consensus in this forum usually throw me "check the reality , mate" phrase.
Going with the crowd in discussions is essential to keep discussion alive. I remember when I posted bullish forecasts I received many responses with support and people were saying that they like them, that this is a good work. When I turned bearish, I understood that the messenger of bad news deserved to die and with time conversations were only by myself alone .
In order to keep this discussion alive, I think one must be bullish and reflect the situation that is now alive and well-everyone here is super bullish, fed by bullish media, bullish newsletters, bullish examples(like buffet and so on) and bullish counts from so called elioticians like Porper.
So I am thinking now, what should I do-go with the crowd and post what it likes, or go with the trend and post what I see. The first would keep discussion active, alive and well, the second would make money only for me but there would be no benefit from social interaction which is the main purpose of being in the forum in the first place. In the past year I jumper form the first to second too frequently, so crowd decided that I was changing counts too frequently, while in reality I was switching between interaction modes.
I doubt that people here are trading like they declare, money making is a little bit more complex than that, unless you have 10K account and you are OK with blowing it to dust on the first gartely pattern or RBA announcement or earnings results. During the years of trading using Wave Principle I accumulated not only a good wealth, but good knowledge as well. You saw the charts and counts in this forum from me, but only one from a hundred was really tradable. I noticed this at the beginning since I joined this forum , but instantly got smashed by the so called "daytraders" who laughed from my 2-3 yearly trades, which were and still are 100% profitable. When I enter the trade, I know that I will make money, just do not know how much.
The rest is just social interaction and fun-all those charts, intraday moves and swings in emotions and views. They do not have influence of how I trade, because this is automated by specific patterns which I know what outcome they will bring. Someone suggested here that I show my trades and accounts, so maybe I must bring my key from the house and say where my wife is as well. Know the limits. I do not show you anything, and I have no any responsibility to show.