The funniest thing you have heard on a trading forum?

[Doomberg]

The best one i've heard was the 'holy grail' guy who came on bursting with excitement and in his 1st post boasted a days trading
of 750 pips saying 'thats it, i've found the holy grail and im going to share it with you all' and then the next week he said Quote:

"What you have got to remember 20 pips a day can make you a very happy and financially sound trader."

Haha for some reason it really tickled me and i LOL'd for ages even though its kinda true.

Whats the funniest thing you have heard on a trading forum?

 

[DashRiprock]

erything by howard.

 

[wackypete2]

"Drawdown is for wimps" - ODT

Peter

 

[HowardCohodas]

"All" the "experts" say ...

 

[gedward3]

Spanish89 and his Cats Ears in reference to a chart pattern.
Think it was a H & S pattern.

Cant rememeber exactly what is was but i'm sure somebody must
remember it.

Ged

 

[robster970]

ODT and the claim of his/brother's 100ft yacht moored up in Puerto Banus all paid for by 40 EA's he developed.

 

[Hoggums]

Spanish89 and his Cats Ears in reference to a chart pattern.
Think it was a H & S pattern.

Cant rememeber exactly what is was but i'm sure somebody must
remember it.

Ged

You mean this gem....

 

[Ambrose Ackroyd]

" average down "

 

[the hare]

The famous black swan pattern

 

[Black Swan]

The famous black swan pattern

FFS ssshhhh..."it's the new garlic bread is that"

 

[Black Swan]

scalping the ftse...

 

[shadowninja]

"I took 20 trades and made 10 points on FTSE demo trading."

 

[shadowninja]

You mean this gem....

Was he right, though?

 

[wackypete2]

"Plz, I said no criticizes until the end of May." - medbs


http://www.trade2win.com/boards/gen...il-journal-discussion-thread.html#post1114742


I was reading through some of that thread while searching for the above quote. It's a cure for depression...lulz up the wazoo. I miss the guy.

Peter

 

[megamuel]

I prefer the head shoulders money sh1t pattern.

 

[arabianights]

I would agree spanish's stuff was the best

 

[trader_dante]

"Let me show you why S/R doesn't work."

And then a demonstration involving a single previous high and low.

It's going to be hard to beat that.

 

[DionysusToast]

"Let me show you why S/R doesn't work."

And then a demonstration involving a single previous high and low.

It's going to be hard to beat that.

Sadly - one of your monkeys used that thread to point people back to his site and so we never got to the point.

Still - you miss the nuance in statements like this:

I think it's necessary to give an explanation of why clear support & resistance won't make you money. No matter how you play it, if you play it in an objective (rules based) manner.

Should we manage to get the leeches off the site so that they do not benefit from the discussions, this will be looked at again.

There is a very simple reason that S/R doesn't work. Furthermore, the more obvious it is the less it works, for the same reasons. Of course, in retrospect it works. But with the mindset and the predictably tight stops of the average retail trader, the techniques employed do nothing more than feed Wall St.

If I brought a House for $750k and then advertised it for sale at $100k, I would not be suprised when people come to me to take me up on my offer. For some reason, people will do the same when they trade and be SHOCKED that the market did the same thing.

What else, pray tell, do you expect to happen?

It's not clear is it T_D? It's all lines on a chart to you, isn't it?

You just need the right combination of lines to analyse in the right way and you'll crack it, right?

The dumbest thing I ever heard on here was some knob sleeping by his trading screens and dreaming of charts. Or was that the saddest thing?

 

[shadowninja]

dreaming of charts. Or was that the saddest thing?

Sadly, I've dreamt of charts, but only when I have a position open over night. Kinda like my brain trying to wake me up to check.

 

[ledgy]

There is a very simple reason that S/R doesn't work.

I wouldn't mind knowing why that is. Not wishing to antagonise on my very first post, but S & R has become the cornerstone of my trading style, granted I have yet to gain the experience to fight to the death for it, hence the question.

Future price certainly seems to react to previous S & R levels, I believe the skill is in anticipating in which way price reacts.

Why would that reaction not be important, and what would be your counter to S&R in terms of the cornerstone of your method?

Thanks for bringing me out of the shadows me ol' fruit!