yep this is my problem at the moment...cant seem to get to step 4!!!
but I'll get there in the end
ceasar73
Most successful TA Gurus?
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yep this is my problem at the moment...cant seem to get to step 4!!!
but I'll get there in the end
ceasar73
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Finding a niche' in the market that no-body else has and exploiting it with a 100% success rate. For example the 15ma crossing the 20ma will give 100% win rate (it wont)
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Not sure who is the most successful, but you have the legendary Turtles.
tech/a
No Ordinary Duck
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Interesting definition.
Its not mine.
There is in my opinion a Holy Grail.
Obviously its not there for everyone to find
as definitions do differ.
But for me my definition and my Holy Grail has been found so dont give up Ceaser
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Quite a few of them went on to become big-time money managers, after initial training in T/A by Richard Dennis.
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I think beamstas was taking the piss, and also hasn't yet refined his posting skills, to be a guru u need to be as vague as possible, but still on the surface plausible, without offending anyone, and not speak in black and white statements which can be picked apart
Agree with Tech/A, read the Schwager and Tharp books, there is possibly a holy grail, but it 'more perhaps possibly related' (note the vagueness) to position sizing and knowing why your system has an edge (good vagueness here too, and some plausibility ... surely some people know why their system has an edge).
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
Who among them is going to provide their trading statements to prove what level of success they've achieved?
Without any proof of their trading success, who's to say they didn't make their money out of selling books and courses like Gann did. (according to his son)
Maybe we should be talking about which of them is the biggest pretender, rather than the most successful trader. Because if there's one thing that's common in the trading education business, it's pretenders......people who've made millions selling expensive courses, and claim to be proficient traders but refuse to provide any proof of their trading ability.
We have some of them right here in Australia.
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Bunyip, I agree, but T/A alone oftens gets attacked as being an incomplete approach, I know someone respected on the Metastock forums, that reckons T/A is only good for timing, however he says you require fundamentals or quants and overall market direction to be in your favour, I don't quite agree with that persons opinion as there are a multitude of trading time frames and markets that you can trade in, I use T/A alone trading futures EOD, but on a single day basis, trade the US using B/Os, on an average trade of a few days, and trade the ASX using a multitude of weekly systems, that have few in common except the timeframe and all being based T/A based.
I subscribe to Nick Radge service, which is all based on T/A, Nick uses some methods I don't use, however he does it successfully, which interests me because there are many applications of price volume which I don't use which can be very successful.
You also have have very successful traders like Dan Zanger, and I am sure there are many, that none of us have ever heard of that all trade based on T/A, and probably never will hear of these private or even fund traders.
I think the Spruikers thread should be left to another, as there are many emotionally charged people that have been burnt by these guys, and I think this thread was more based on actual successful T/A traders.
tech/a
No Ordinary Duck
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One thing I will give Radge is that he has a number of his trading methods fully disclosed and recorded from inception. Available to his members.
All in profit.
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I have been caught
I was taking the piss
The holy grail is uncovered in a certain seminar dvd that i have
We all know what the holy grail is
Yet we fail to reailse it!
*Calmly walks off into the darkness*
I was taking the piss
The holy grail is uncovered in a certain seminar dvd that i have
We all know what the holy grail is
Yet we fail to reailse it!
*Calmly walks off into the darkness*
I like the guys that have written one book only. They have nothing more to add on the subject..they have said all they needed to say and there's no need to make more money regurgitating the same
stuff in another book.They move on and trade only.I think Weinstein has done this..but I'm not 100%.
But I also believe there are gurus out there that know their stuff - but cannot trade for some reason.
Leadbetter knows better than anyone what needs to be done to hit a golf ball...yet he aint no t.woods!!
Jose mourinho was a crap footballer...but great coach nowadays.
Argentina lost 7-0 under maradona a few weeks back v Bolivia!!
cheers,
ceasar73.
stuff in another book.They move on and trade only.I think Weinstein has done this..but I'm not 100%.
But I also believe there are gurus out there that know their stuff - but cannot trade for some reason.
Leadbetter knows better than anyone what needs to be done to hit a golf ball...yet he aint no t.woods!!
Jose mourinho was a crap footballer...but great coach nowadays.
Argentina lost 7-0 under maradona a few weeks back v Bolivia!!
cheers,
ceasar73.
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