Dear people,
Thank you all for your support. I have had no agenda except helping our young investors. Nothing except getting a nice community together. I have now done that and have no intention of introducing a “Pay Site” as Cigar said. After the closure of CI, Cigar has been in contact with me regarding help on various issues in TA, and I replied promptly. In fact the last email was only couple of days ago. (I also tried to send him an elloit wave software by the mail and this was the message I got,,,,,,,,,
Your e-mail is being returned to you because there was a problem with its
delivery. The address which was undeliverable is listed in the section
labeled: "----- The following addresses had permanent fatal errors -----".
----- The following addresses had permanent fatal errors -----
<
[email protected]>
----- Transcript of session follows -----
... while talking to air-yg04.mail.aol.com.:
>>> RCPT To:<
[email protected]>
<<< 550 MAILBOX NOT FOUND
550 <
[email protected]>... User unknown
I feel this was due to the size of the software as I have previously replied toCIGARS emails with no problem.
I am not here to charge members. I suggest you all support pigsy for such a goob job (I have already thanked him in my email sent in early days). Our objectives should be teaching, learning, educating and capturing the human behavior psychology using mathematics and its derivatives (technical Analysis).
Without TA, we are blind. Very blind. Technical Analysis of fundamentally sound stocks give us the opportunity to shift the odds to our side, the odds of winning is all we need to beat the market. Read the market wizards by jack Schwager to see how TA traders have performed far better than non_TA traders. Read the story of Larry Williams who turned 10000 dollar into 1000,000 in one year, after eventually finding his holy grail.
I can’t tell you how thirsty our UK traders are for knowledge of trading. I introduced ADAPTIVE indicators last week as I recognized the time and place. You should all look into this most important issue. Adaptive indicators are part of Modern technical Analysis and are one of the most relevant subjects in technical Analysis. Sooner or later you realize that. You need members such as Traderxxx, to push the BB forward and break through the common pitfalls in our technical analysis of stocks and commodities.
Those who feel they know me they have probably not even met me, and those who have met me have learnt a lot in a short period and some of them are very appreciative.
Our duty should be to make money. To win. To find the secrets of the successful traders and protect our selves against the evil of ignorance. Technical analysis protects us as long as one recognizes the limitation of subject. You must all realize technical analysis fails to be of any value when market is erratic. When good news is bad news. When good earning means nothing. There are sectors that one must avoid when market mood is volatile toward these sectors.
SI is the best site around with its limited no of members and who ever who has emailed me I directed them to the site straight away. I think the last one was MADDOG. I am sure the search for Holy Grail will continue amongst you all and the reward is obviously high. This chap called Thomas Demark discovered that prices usually reverse after 9 consecutive days where close is less than the close of 4 days ago. He called this phenomenon "TD Power of 9". After few years of successful trading he is now a young retired millionaire and enjoys the result of his methodology. There are also people to spend years to develop a break out system to find out that only 30% of breakouts are true and the rest are “fake outs” and he is currently a writer ONLY as his capital run out before he identified the problem.
Knowledge and share of our experience is the name of the game. Lets keep it at that.