You can be in the 3% that make a consistant profit

Re: You can be in the 3% that make a consistant profit.

Would Be Trader said:

I am amazed that you already feel in a position to criticise the work that Tech/a has done for this forum over the last 3 years or so.

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3 years?

Re: You can be in the 3% that make a consistant profit.

Would be Trader. I've read Tech/a's posts and he is rude and arrogant and I'm not the only one to point that out. His modus operandi is to belittle people with a barrage of technical questions then hammers home his all knowing attitude and opinions with loud type.

I don't know your experience but I certainly would not be confrontational by referring to you as a "novice" as Tech/a frequently does in his replies.

His system is totally unproven because it has only been tested over two years in a Bull market. His ego is so huge he refers to himself as a Tall Poppy. Don't you think that smacks of arrogance? If you take that attitude into the market you will eventually get hammered.

His system has not been tested in a Bear market. Why? He has the tools available to back test yet for some reason he has chosen not to do so.

Further, his assumptions have holes in them. He constantly refers to trading stocks under 20c. Since when has the share price been used to classify penny dreadful stocks? It's a totally useless premise to devise a system on.

I'm not in awe of a person who is flawed and is flogging a system based on flawed premises. He is not psychologically equipped to be successful long term. He will not react to the first signs of failure in his systems because of his arrogance and will eventually be crushed by the market. I'm not surprised that his system currently is successful. A monkey could devise a successful system in a Bull Market.

Re: You can be in the 3% that make a consistant profit.

Would Be Trader said:

Tulip,

I am one of many who greatly appreciates the contribution of Tech/a to this forum. For that matter, I appreciate the contribution from anybody (including yourself) as long as it is constructive.

I appreciate that one can have different views from another and this can trigger a debate. However, this does not give anybody the right to be rude and dis-respectful of other people opinions as you have been with Tech/a.

Your profile suggests that you joined this forum less than a week ago. I am amazed that you already feel in a position to criticise the work that Tech/a has done for this forum over the last 3 years or so. Have you had time to read all of his posts yet? I doubt it.

All I am saying is that if you don/t like what Tech/a is saying just put him in the ignore list but please DO NOT POLLUTE THIS FORUM WITH YOUR RUDENESS!

Tech/a,

I am sure that I am one of many that is gratefull for your insights! You can only be commended for what you are doing for many of us. Please Keep up the good work

Angelo

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Tulip, it is clear to me, we are facing here a serious crazy guy. This "Would Be Trader" is the same tech/a . It is a member sice yesterday and is saying that he has been here around for the last 3 years . Yeah right this forum has been around only for about a year .

Tulip we just need to

Re: You can be in the 3% that make a consistant profit.

Danged if youse guys don't attend the same English class. Tulip and WarrenBoofet2. The incorrect use of commas, and fullstops. Really can cruel the flow of a paragraph. Perhaps it are an example, of two long lost brothers twin?

As Ned Flanders would say "Don't that just put the dink in coinkidink!"

If I ever meet a "serious crazy guy" then I'll certainly be glad he is not just fooling around!

One split personality goes onto my ignore list!

Tech/A has demonstrated a fairly coherent grasp of the principles of risk management so I'm not sure why he is destined to fail if the market loses some heat. But then you don't seem to be very interested in rational debate so it's quite pointless to continue. Time for me to stop feeding the troll.

Bye.

Re: You can be in the 3% that make a consistant profit.

Joe Blow said:

3 years?

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The confusion most likely arises from the thread Tech has been maintaining on ReefCap.

If Nick Radge's experiences on ReefCap are any guide I hope Joe is a very patient moderator!

Re: You can be in the 3% that make a consistant profit.

WaySolid said:

The confusion most likely arises from the thread Tech has been maintaining on ReefCap.

If Nick Radge's experiences on ReefCap are any guide I hope Joe is a very patient moderator!

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You are right! When I mentioned the 3 years, my mind Inadvertently included his posts on Reefcap. My apologies for the inaccuracy

Re: You can be in the 3% that make a consistant profit.

tulip said:

Would be Trader. I've read Tech/a's posts and he is rude and arrogant and I'm not the only one to point that out. His modus operandi is to belittle people with a barrage of technical questions then hammers home his all knowing attitude and opinions with loud type.

I don't know your experience but I certainly would not be confrontational by referring to you as a "novice" as Tech/a frequently does in his replies.

His system is totally unproven because it has only been tested over two years in a Bull market. His ego is so huge he refers to himself as a Tall Poppy. Don't you think that smacks of arrogance? If you take that attitude into the market you will eventually get hammered.

His system has not been tested in a Bear market. Why? He has the tools available to back test yet for some reason he has chosen not to do so.

Further, his assumptions have holes in them. He constantly refers to trading stocks under 20c. Since when has the share price been used to classify penny dreadful stocks? It's a totally useless premise to devise a system on.

I'm not in awe of a person who is flawed and is flogging a system based on flawed premises. He is not psychologically equipped to be successful long term. He will not react to the first signs of failure in his systems because of his arrogance and will eventually be crushed by the market. I'm not surprised that his system currently is successful. A monkey could devise a successful system in a Bull Market.

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Tulip
I am not disputing your right to have an opinion on someone's system (In fact, I value your opinion as much as that of Tech/a or anybody else. It is then up to me to form my own mind). What I do dispute are the personal attacks (ie. to say that a system is flawed is fine but to insult a person it is not).

By the way you are absolutely right. I am I novice. As a matter of facts I am not even a trader yet. As my nickname suggests I am someone who would like to be a trader and would like to learn as much as possible from anybody who has already been there (yourself included).

Regards

Re: You can be in the 3% that make a consistant profit.

Warren Buffet II said:

Tulip, it is clear to me, we are facing here a serious crazy guy. This "Would Be Trader" is the same tech/a . It is a member sice yesterday and is saying that he has been here around for the last 3 years . Yeah right this forum has been around only for about a year .

Tulip we just need to

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Warren Buffet II
I am afraid you got it all wrong. Let me assure you that I am not Tech/a. I am someone who has been reading various threads in this forum by logging in automatically with My wife's user id. However, yesterday for the first time I felt the need to reply to a post so I decided to create my own login. In regard to the 3 years see my previous post. I guess you don't have to believe any of the above but then again... who cares! After all, this post is probably my last one for a while as I intend to go back to my humble role of learner.

In any case, I am not going to reply to your opening insult, but be aware the if you keep going with those insults you'll soon end up posting to yourself. As a matter of facts you are in my Ignore list as of now.

Re: You can be in the 3% that make a consistant profit.

Okay, so there's a bit of rudeness allround. If TechA says himself that he's arrogant that's fine, although I think there's a bit of tongue in cheek in that. I think (just my opinion) that TechA's agressive and a bit insensitive to the views of people less experienced than himself at times (hope you don't mind me being frank, rather than quarrelsome) but after noting one of Wayne's comments that seems to be a trait amongst some active, experienced traders- maybe considered a badge of honour in some circles.

There is also an issue that has not been aired and that is that a lot of people are afraid to make criticisms of TechA because they are learning so much from him- they are afraid (imo) that he will threaten to leave and do a runner(as he did the first time when Stefan debated him) and hence the boards will lose something. I think we will all lose more if we aren't constructive and critical rather than rude and critical. I'm glad to see you're staying now Tech so keep it up but let it be noted that Tulip's comments did raise an important issue about the 3%- no one questioned it to date and Tech's answer has been very helpful. The exchanges in the last few posts would have been far better imo if we hadn't just overstepped the mark to the point of rudeness. Sometimes just ignoring others doesn't help if there is constructive reasoning underlying the otherwise tactless remarks. Perhaps we all need to step up rather than being silent and post a bit more on these issues; a robust debate is always good- 'but no more crudity' (this is sounding like Mark Latham apologizing!)

I guess I'm going to get flamed from all quarters for this post but we need to discuss this maturely and in the open but without abusing each other like high school kids or this forum will become like what people say hotcopper is- it doesn't take much.

Re: You can be in the 3% that make a consistant profit.

Why can't we all get along?

We're all playing the same game towards achieving the same goal. Places such as this benefit from a wide variety of different opinions. The more the merrier as far as I'm concerned. Even if you only benefit from someone's thoughts or advice once you are still better off than you were before.

Agreed some people react to criticism better than others and indeed some people criticise better than others. Lets remember we're all on the same team and keep this forum of the high quality it is.

And with that, I'd like to leave you with the following thought. Apologies in advance to those easily offended.

Re: You can be in the 3% that make a consistant profit.

DocJ,
I agree with your comments about getting along but please be aware that the picture may open up these forums to legal action. It is serious. See the Australian Broadcasting Authority website and the Broadcast Services Act etc. It'll affect Joe more than anyone else- unless the site has to shut down. I don't think we should make fun of people with disabilities.

Re: You can be in the 3% that make a consistant profit.

Great comments RichKid.

Tech/a is putting people on ignore and surrounding himself with "yes men" (in his own mind) who will nod and confirm that the world is flat.

He is so insecure!

How will he learn the nuances of the stockmarket if he doesn't embrace all opinions?

Re: You can be in the 3% that make a consistant profit.

At the risk of getting into a debate about the overwhelming tide of increasing political correctness, I'll say the world is getting too damn sensitive. Aussiestockforums is hosted in the US where many thousands of different sites have aired that jpeg at one time or another. Also, I don't think that image makes fun at all of the handicapped, unless the disabled community finds being compared to a bunch of stock trading forum users insulting.

Re: You can be in the 3% that make a consistant profit.

doctorj said:

unless the disabled community finds being compared to a bunch of stock trading forum users insulting.

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I suppose we must sound like a motley bunch to any passers by. I think I'll need to find some sites making fun of us traders. Might be a good idea for a new thread??!!
There's the 'New Yorker book of Business Cartoons' and the 'Illustrated Reminiscences of a Stock Operator' which are great- worth having a look for people like me to lighten up I guess. Most non-business/finance types wont find those books at all funny. The second book has some clever illustrations (from the original versions of the book).

Anyway, getting off thread now, sorry.

Re: You can be in the 3% that make a consistant profit.

tulip said:

He is so insecure!

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Hi Tulip,
Welcome to ASF, I enjoy your posts, but when TechA is called names like that he will get riled up and respond to personal remarks in a similar vein, that was part of what I was alluding to. Although I do appreciate that you're probably responding to one of his earlier comments about you, this may make things worse. I think I'll let this issue go for now. It's there for all to see and comment on.

Best Regards to all.

Re: You can be in the 3% that make a consistant profit.

tulip said:

I don't believe T/A needs to be pulled down a rung or two. I just think you are an arrogant, know it all who delights in putting people down to massage your over inflated ego. Trouble is, you put off many people from posting their thoughts because of the arrogant all knowing manner in which you attack people.

Bull markets usually see a flood of "experts". With your all knwoing attitude you will be one of the forst casualties when the market turns.

I'll leave you to your own but you don't impress me with your many flawed assumtions and criteria such as your wonderful classification of penny dreadfuls. Results from flawed premises such as these can only be flawed also.

You are not worth having a conversation with.

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Personally for myself, I would rather be insulted by Tech/A in this forum because it might teach me a lesson. I would rather learn from this forum than have the market insult you.

:goodnight

One hurts your pride, the other hurts your pocket.

Just my opinion. :jump:

Re: You can be in the 3% that make a consistant profit.

DoctorJ

Sorry can't let this final comment go unanswered (even though you have apologised in advance)

Understand the message you are trying to convey (I agree with the message) but I think the way you expressed it is at best in poor taste.

Worse than insulting a fellow poster as special people cannot defend themselves.

Penalty - all profits from your next trade to be donated to a special olympics fund.

PS Congratulations to all special olympics contestants who did Australia proud at the last event - again proving that pound for pound Aussies are the best sports people in the world.

Life is as easy as you want to make it

Re: You can be in the 3% that make a consistant profit.

Hi Tulip

I commend you on taking a stand against the pied piper, and I have my own thoughts on this topic, but will try to employ some tact, which I was accused of not having on another thread.

Tech/a seems to be incapable of tolerating negative criticism, which makes me wonder if he treats the market the same way. Either you have humility or you dont, and if you dont it is very hard to believe it when someone says they are the worlds greatest trader. The market loves the arrogant and self-riteous, and whacks them for a six. How this obvious contradiction has evaded people here amazes me.

I feel you are right regarding the 'yes men' problem. Some here have sold the rest out by defending tech/a despite blatant wrongdoings. They accept his offer of bribes, namely informative posts in exchange for defence of the guru regardless of offence. Sadly I feel the forum moderator has failed in his most basic of duties.

We must all use caution when taking the advice of a guru. I believe tech/a has a motive for posting here, and I dont for a minute believe it has anything to do with generosity. He desires power and respect, evidenced by the ego and arrogance displayed in every post. How can he be generous on one hand, and then on the other claim to be a super trader who has taken millions from other traders. Capitalism and charity are opposing forces. Wake up people, he has his own selfish agenda. That does not however mean that I wish for tech/a to leave, even I admit his knowledge and experience are a valuable asset here.

What I find curious is that tech/a blasted crashie, who does not seem to be posting anymore, in fact I dont see him even logging in. Now I see tech/a admitting his actions were inappropriate, but no sign of an apology or redraw of his many baseless claims. But since nobody defended crashie maybe he wont be missed anyway. I personally think anyone who can go head to head with someone like tech/a is valuable on this forum. How many more people like that must we lose. Would you all prefer to stick with the tech/a show? What we will end up with is 100 newbies doing whatever the pied piper says. How many of you believe you will gain from that?

As for his track record, I had not thought about it. But since you mention it, you are right, anyone can be made to look a genius in a bull market. I saw an admission by tech/a on another forum that he lost money for the first 5 years, before "seeing the light" 2 or so years ago and making good profits since then. It appears then that tech/a lost money in a bear market consistently, and has been consistently profitable in a bull market.

One thing however still does not add up. He claims to have made millions from the market. Since he lost money for 5 years, and lets assume that was quite a bit, we are now expected to believe he has not only recovered that, but made several millions dollars on top in the last 2 years or so. And this is despite his complete lack of humility.

Do you buy it? I dont.

It is like the blind leading the blank around here.

oh and 'would be trader', dont insult our intelligence. You cut quotes the exact same way, and are incredibly defensive of tech/a despite being very quiet previously.

many of you may think tulip or others who question tech/a are the aggressors ruining this forum. I think tech/a is the aggressor here.

tech/a dont leave. Just pull your friggin head out of the clouds!

Re: You can be in the 3% that make a consistant profit.

this is from THIS very forum:

tech/a said:

Thought Id feel the group out before I continued.
Took me 7 yrs to UNDERSTAND
8 to trade profitably and 11 to do it year in year out.

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Here he admits that for the first SEVEN years he consistently LOST money. And he has made money since then in a BULL market.

And you people treat him like a guru!

Re: You can be in the 3% that make a consistant profit.

oh and waysolid is another tech/a nick

just look at the avatars, they are from the same nature series of screensavers!