Is Scatty Completely Full of Crap About Price TA?

Discussion in 'Technical Analysis' started by Scataphagos, Aug 9, 2024.

  1. I did a while ago.
     
    #31     Aug 10, 2024
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  2. Darc

    Darc

    Comedy Gold. :D

    Thanks Scat.
     
    #32     Aug 10, 2024
  3. taowave

    taowave

    Cmon son,the 2 directional trades you have posted have had max drawdowns since entry of 33 and 50 percent..

    No decent directional trader sells puts and takes 50 percent beatings after getting assigned..or should I say not for long



     
    #33     Aug 10, 2024
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  4. And where did it take you, may I ask?

    I've had a few myself in fact and my general advice is the same as I give on these boards. Forget about the idea of (day) trading. Invest your money instead and do something else with your life.

    Actively trading is arguably one of the most difficult ways to make money in the world, yet everyone believes they will be the exception. For the few who make it I'm not sure the sacrifice is worth it. And for the rest who don't make it it's a wasted life (time and money).
     
    #34     Aug 10, 2024
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  5. Good Morning themickey,

    Thank you. It took awhile.

    If you want to be a millionaire ES trader, you have to listen to myself , @volpri and @Scataphagos to make millions of dollars trading the ES market directly. You can not be playing around on this ES market business. This ES for the masters only.

    They have the answers and they definitely help me.

    I owe much respect and gratitude to @MarkBrown and @wxytrader. These 2 traders understand the trading game perfectly on million dollars approach. And help me tremendously for certain. Especially @wxytrader
     
    Last edited: Aug 10, 2024
    #35     Aug 10, 2024
  6. themickey

    themickey

    I'll tell ya what @SimpleMeLike
    Traders should never limit their thinking to laughing at others with 'radical' ideas.
    It's imo usually the weirdos with wacky ideas who don't follow the crowd who, if they can keep their shit together, can do very well.
    E Musk might be an example.
     
    #36     Aug 10, 2024
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  7. taowave

    taowave

    LOL!!!!!!!!

     
    #37     Aug 10, 2024
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  8. themickey

    themickey

    Ya know, think about this.... Padutrader spent years following gurus in minute detail to become a trader.
    Padu posting countless posts and to my knowledge is a failed trader.
    Following anyone, following any system not your own is a recipe for disaster imo.
     
    #38     Aug 10, 2024
  9. themickey

    themickey

    And to my favorite subject, following institutional religion (or trading) is a recipe for disaster.
     
    #39     Aug 10, 2024
  10. Hello themickey,

    Correct,
     
    #40     Aug 10, 2024