TA debunked?

This is a discussion on TA debunked? within the Technical Analysis forums, part of the Methods category; Originally Posted by forker Will you 2 get a room.... Do you mean a room like The Price Action Room ...

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Old Jul 21, 2012, 10:50pm   #51
 
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Re: TA debunked?

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Originally Posted by forker View Post
Will you 2 get a room....
Do you mean a room like The Price Action Room run by Joel Parker that the Toast promotes on his website? (Welcome to the Price Action Room)

seems Joel has got some nice discounts at the moment:

Tape reading Bundle with our new Time & Sales WAS $1695 now $979.

no seriously the main issue I have is the Toast's constant breaching of Trade2Win's advertising guidelines:
__________________________________________________ _______________

4. NO ADVERTISING

4.1 You agree that not to use the Forums or the Private Mail system to advertise products or solicit trade without T2W's written consent.
__________________________________________________ _______________

see it's all about soliciting trade, in his language website hits. This 5hit needs to be cleaned up, there are other vendors on here who are long term posters who don't push their products in such an underhand way. Not the 1st forum he has been rumbled on either, they rumbled him on Big Mike's.

You see for Toast it's all a game, more exposure, more website hits. Constant agenda is all methods are rubbish (accept his), TA that's rubbish, pin bars rubbish anything he just jumps on it, crushes it seeking to generate traffic back to his products. He Toast what's not rubbish then? well you could try tape reading but you will need my tools to be able to tape read properly..........

He is on a par with Black Swan et al who push a certain agenda and add nothing.....
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Old Jul 21, 2012, 10:58pm   #52
 
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Re: TA debunked?

Quote:
Originally Posted by ChocolateDigestive View Post
Do you mean a room like The Price Action Room run by Joel Parker that the Toast promotes on his website? (Welcome to the Price Action Room)

seems Joel has got some nice discounts at the moment:

Tape reading Bundle with our new Time & Sales WAS $1695 now $979.

no seriously the main issue I have is the Toast's constant breaching of Trade2Win's advertising guidelines:
__________________________________________________ _______________

4. NO ADVERTISING

4.1 You agree that not to use the Forums or the Private Mail system to advertise products or solicit trade without T2W's written consent.
__________________________________________________ _______________

see it's all about soliciting trade, in his language website hits. This 5hit needs to be cleaned up, there are other vendors on here who are long term posters who don't push their products in such an underhand way. Not the 1st forum he has been rumbled on either, they rumbled him on Big Mike's.

You see for Toast it's all a game, more exposure, more website hits. Constant agenda is all methods are rubbish (accept his), TA that's rubbish, pin bars rubbish anything he just jumps on it, crushes it seeking to generate traffic back to his products. He Toast what's not rubbish then? well you could try tape reading but you will need my tools to be able to tape read properly..........

He is on a par with Black Swan et al who push a certain agenda and add nothing.....
there would be less of an issue (and vendor postings) if they (t2w) turned back the clock and decoupled the home page linking via the vendor badge.

to their credit they did turn off the vendor badge vendor is open for business light, but seem to have drawn the line there and appear to have refused further vendor action
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Old Jul 21, 2012, 11:06pm   #53
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Re: TA debunked?

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Originally Posted by Lightning McQueen View Post
there would be less of an issue (and vendor postings) if they (t2w) turned back the clock and decoupled the home page linking via the vendor badge.

to their credit they did turn off the vendor badge vendor is open for business light, but seem to have drawn the line there and appear to have refused further vendor action
I've heard tale of a new sheriff in town at t2w....bring the issues up.

Peter
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Old Jul 21, 2012, 11:10pm   #54
 
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Re: TA debunked?

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Originally Posted by wackypete2 View Post
I've heard tale of a new sheriff in town at t2w....bring the issues up.

Peter
it's in a feedback thread.

hopefully all the recent'sh past feedback would have been read and digested already
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Old Jul 21, 2012, 11:12pm   #55
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Re: TA debunked?

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Originally Posted by Lightning McQueen View Post
it's in a feedback thread.

hopefully all the recent'sh past feedback would have been read and digested ignored already
I fixed it for you

Peter

Last edited by counter_violent; Jul 22, 2012 at 12:48am.
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Old Jul 21, 2012, 11:19pm   #56
 
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Re: TA debunked?

Quote:
Originally Posted by Lightning McQueen View Post
there would be less of an issue (and vendor postings) if they (t2w) turned back the clock and decoupled the home page linking via the vendor badge.

to their credit they did turn off the vendor badge vendor is open for business light, but seem to have drawn the line there and appear to have refused further vendor action
I notice that Mr McQueen. It is a real shame as other forums do not suffer from this blight to the same extent as T2W. Take Elite Trader, there are a lot of serious traders on there and if someone is suspected of pushing their products or soliciting they are jumped upon right away. Big Mike's the same. These people should be separated off so they can have their own section to peddle their wares, they can have the FAP turbos, courses and EA's. Of course a lot of these vendors will deny they are advertising or soliciting but they constantly push the agenda, they know they cannot directly advertise.

This is greatly evidenced on Barjon's money machine thread where a vendor has pushed his agenda hard and attacked Barjon repeatedly to minute detail when Barjon has clearly said it's his play account. It's also not fair on newbie traders who are being sidetracked and in some cases set back years by the posting of this 'intelligent nonsense'.

This thread is another example of said individual coming on and posting absolute nonsense about TA, absolute drivvle. 2 of the most successful traders I know personally use TA (as part of their trading), one works for a large investment bank prop desk.

Why anyone would interest or tolerate the postings of a trader who pushes software at $349 a pop is beyond me.

I hope T2W reconsider and separate of these vendors. It would be good for the site.
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Old Jul 21, 2012, 11:24pm   #57
 
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Re: TA debunked?

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Originally Posted by wackypete2 View Post
I fixed it for you

Peter


well i'm hoping not.

but at least the new guy (if indeed read?) will know the thorny areas and if to be ignored, he'll at least know where the landmines are and where not to tread
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Old Jul 21, 2012, 11:34pm   #58
 
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Re: TA debunked?

Speaking of the new guy that Sharky has handed over to, - you wonder what his motivation is - I mean you wouldn't have this T2W job for a gold clock. Not just this inconsistent vendor policy but the reputation of Lulz and it being a trading free zone to a great extent - it has passed it's ' sell by date ' and with the change of behaviour/expectations in users of internet forums since the 'heyday' - it seems an impossible task. You wonder what he is tasked with - Is it improving the site user experience from a site users point of view or a more mercantile/commercial objective of upping the income/profit from the site ? Basically thetwo seem / almost cetainly are incompatibe and probably won't be able to be achieved together and as T2W is a commercial concern it seems a no brainer. I think there is a direct correlation re achieving an increase in the income/profit and a dumbing down in the site users experience.

I was asked recently whether I wanted to buy a well known trading board and I know of at least one other that is actively trying to be sold with no success - I of course said no as the figures don't stack up in any way you look at them.

Also, none of my business but you also wonder whether there was a financial deal done to bring thhe new guy on board re Sharky letting some eqiuity go ? By the way Sharky handing over to some one else was I think the right thing to do and probably too long over due but I fear that the ' boat has already ' sailed and we as users won't see any real increase in valuable user experience. Part of this is the very nature of these things - when you are a newbie and know nothing you ask questions like ' how long is an ma,? ' ' how much can I earn spread betting ? ' and ' what re these pinbar thingys ' but when you get profitable / or just as you get more experienced and have contributed positively over the years you realise that although this is probably a necessary part of the learning curve - you've answered these and other basic questions and their derivatives so may time and know how inane they are - you can't be bothered any more. You then turn mostly to Lulz as it occupys the periods between set-ups and there is no more to give that isn't just repitition to a great extent and your focus is your own trading as a business not the non profti making business of always answering questions that either are inane by their nature or have become so because of the amount of time they or their said derivatives have been asked.


G/L
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Old Jul 22, 2012, 12:46am   #59
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Re: TA debunked?

Quote:
Originally Posted by ChocolateDigestive View Post
You see for Toast it's all a game, more exposure, more website hits. Constant agenda is all methods are rubbish (accept his), TA that's rubbish, pin bars rubbish anything he just jumps on it, crushes it seeking to generate traffic back to his products. He Toast what's not rubbish then? well you could try tape reading but you will need my tools to be able to tape read properly..........

He is on a par with Black Swan et al who push a certain agenda and add nothing.....
I brought this issue up a long time ago and even had a very heated discussion about it. But all was largely ignored by the powers to be at t2w, so f@ck it. Not my responsibility.

I've significantly reduced my input here since any decent post or thread just gets bombarded or reduced to near invisibility by all the vendor trash, unregulated spam, lulz instigators, and members with agendas. Also, the "Report Post" button might as well be disabled or removed.

Peter
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Old Jul 22, 2012, 12:55am   #60
 
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Re: TA debunked?

Quote:
Originally Posted by wackypete2 View Post
I brought this issue up a long time ago and even had a very heated discussion about it. But all was largely ignored by the powers to be at t2w, so f@ck it. Not my responsibility.

I've significantly reduced my input here since any decent post or thread just gets bombarded or reduced to near invisibility by all the vendor trash, unregulated spam, lulz instigators, and members with agendas. Also, the "Report Post" button might as well be disabled or removed.

Peter
Hey Pete

I feel your vendor pain. lol.

I suppose the crux of the problem is T2W is a business that has to earn money. T2W needs vendors to survive but it also needs decent trading discussion between traders (not traders and vendors) and a balance needs to be struck. I just feel the balance has swung far too far in favor of the vendors who are allowed to run amok all over posts.

Eventually what happens is the better profitable traders just leave. Elite Trader has a good number of full time pro traders, I would prefer to discuss with more of this ilk who trade european instruments, T2W seems to have a fair amount of european members so it's a real shame.

at the moment there is no balance.
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