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Split
Im rather glad youre keeping this on a civil level --- Ive had a few PM's with nine and the situation was explained to me, which as you see I FULLY agreed to.
Before you continue, and all of you keep building a crowd mentality desire to lynch me, i will plainly state that I HAVE NO EGO DRIVEN OR CAPITALISTIC DESIRES TOWARDS THIS SITE OR ANY OTHER SITE !
Now read what i have to say, and at least WAIT a moment and stop getting together on streetcorners and discussing my demise, or tar and feathering !
what is happening here is my sense of humor is being taken for arrogance and that perceived quality is not intended !
I will completely agree that by NOT using stops WILLY NILLY in ones trading, there exists tremendous danger and to be very honest, have always WARNED the newbs against this but stated it as rather a technique to examine much further down the road !
I have REPEATEDLY stated my "concept" is for the high end intermediate or expert trader, but a lot of people seem to miss that --- I use the LRC and zigzags plus dynamic support and resistance areas for trading --- i simply do not use stops and i will try as hard as i can to show you all the complete concept today or tomorrow, so you can judge for yourself ---- you will probably still hold to your thoughts about stops, which i have NO desire to change, but once you see the WHOLE concept together, you should at least understand that I have a legitimate methodology working here !
REMEMBER, I have NEVER said anything but to EXAMINE WHAT I SAY and if it works for you, try it -----[B] I have ALWAYS had a disclaimer there, completely voluntary ![/B]
It is Bear (who i like but cant always understand, what with being a lowly "yank") that appears to have instigated this and had he simply stated (perhaps in american english) what had him upset, we wouldnt have had to move around so much.
Nine quite rightly moved the thread out of newb land (which I really wasnt aware we were in) so that helped a bit.
but the crux of the matter is that at this point you see me as a THREAT to newbs, when everything for the past decade has been to PROTECT them ---
While I can no longer handle elementary school questions (well, maybe a few) I DO step in when i see a newb about to walk off a cliff.
as far as the "folding under" situation you must understand, after moderating 14 different sites and being a "teaching moderator" and senior moderator on a massive stock site, I simply dont fold ! ( ok, testosterone challenge over !)
obviously i can see a number of you are very upset ---- i shall try, after chores today, to show my charts and some discussion at least --- Im not really up to writing a complete trading system as i did 7 years ago, as thats something you may do once in a lifetime, but it took 6 months, with screen captures and editing and a lot of time, and I simply cant do that anymore !
Now gentlemen, before you assasinate me by voodoo doll, allow me the time to show you that 1 --- I am not a commercial venture with designs on newbs money and 2, I am fully in agreement with what you say and 3, perhaps we are having a slight "language" problem here, simply misunderstanding each other !
have a good weekend
mp