Wallstreet1928 and his new scheme -deleted

[Shakone]

Fair enough, I'm out of context.

In order to understand "the market action that these charts represent" you need to look at the charts. Continuously, for years. Then you'll understand, maybe.

I'm not sure I agree with you about "the emotions in play" as I tend to not believe that those traders who have significant influence are so reliant on their emotions. Of course the herd might be, but I wouldn't rule out old levels based on someone assuming that they are irrelevant because of the Iraq situation.

 

[ChocolateDigestive]

Perhaps because we were discussing TA at the time.

So - to please you, I should always, when discussing charts, talk about the order flow.

Which will then have Choccy doing backflips again.

The Toast, this is ridiculous. It's just drivvle from you, so now you are saying it's ok to discuss charts but only if we discuss order flow at the same time. it's just blatant vendoring at its T2W worst.

 

[ChocolateDigestive]

Actually, as I pointed out - all you are proving here is that you have a personal issue with me. As for 'you trying to get a rise out of me' - if you didn't so convincingly throw your toys out of your pram, you'd probably be able to convince a few people this were true. You are just winding yourself up on here.

You didn't get banned because you were making a fool of yourself in your efforts.

As for me still selling something - that is correct, I am still selling software, these conversations on here are not even making a dent in the sales. People still buy it, people still get refunds when they decide it is not for them.

In short, my world continues turning, despite your best efforts.

Toodle pip.

yes you world keeps on turning, more indicator sales. Meanwhile I am massively up for the month that's the difference, you are a failed trader turned indicator salesman reduced to telling people on a forum that 'charts dont work'

 

[ChocolateDigestive]

I believe you have massively underestimated the human brain.

TA books are irrlevant here. We're talking about whether the brain can derive some market understanding just from charts. My answer is a resounding yes. You are welcome to disagree. But lets not cloud the issue with textbook TA.

traders all over the planet who make a living trading from charts only are laughing at the Toasts posts. Toast's brain is hard wired to sell more indicators. Dont be fooled by indicator salesman, perfectly possible to make money by trading from charts if thats the route you want to go.

 

[ChocolateDigestive]

During the initial stages of the Iraq war, there were some big swings in the US market which appear to be a kneejerk reaction to the reports of the progress of the war. These swings, when looking back at the charts, without considering the context, will be seen as support & resistance. I think we could all agree that the emotions in play at that specific time were unique and that those same emotions are no longer at play today. Someone looking at that area on weekly/monthly charts would make some invalid assumptions about those price levels based on analysis of price time series.

This is pure lulz. utter utter drivvle.

 

[gktk]

U are pure lulz

U still think toast is selling to spread betters LOL

This is pure lulz. utter utter drivvle.

 

[ChocolateDigestive]

U are pure lulz

U still think toast is selling to spread betters LOL

lulzy. spread betters are exactly his intended market, you sound like someone who has bought into his nonsense and are now experiencing 'buyers remorse'. Ask an institutional trader what indicators he attaches to his time and sales -

 

[DionysusToast]

Choccy Biscuit - still hang-gliding off my nuts.

I heard he'd PM'd a mod to ask how he could get an email whenever I posted, it'll save him doing a search every 2 minutes 'between trades' :whistling

 

[The Leopard]

Choccy Biscuit - still hang-gliding off my nuts.

 

[scose-no-doubt]

The markets are a vehicle for gaming and gambling

Wtf does an IPO or bond issuance have to do with gambling? Surely you mean to say that day trading is about gambling and gaming?

 

[DionysusToast]

Wtf does an IPO or bond issuance have to do with gambling? Surely you mean to say that day trading is about gambling and gaming?

Well - you have to take this one instrument @ a time.

You will of course have noted that I said:

"Despite stocks having a purpose, they are regularly 'gamed' just like any other market. Their price movements don't really reflect change in sentiment on a day to day basis."

Of course, IPOs as a fund raising vehicle are most worthy but let's face some facts here, most IPOs are worth way less than the IPO price 6 & 12 months after issue.

If you look @ the pumping done leading up to the expiry of the lock-in period, you can't fail to see these are vehicles for parting patsies from their cash.

IPOs are for fund raising and of course, the secondary market has to exist otherwize no-one would partake in the IPO. The IPO market, well that's just a fncking disgrace. It's not gamed, it's an outright scam. The secondary market is gamed as much as any other, although I do admit that you are buying something tangible whereas derivatives are just a complete casino.

Not that there is anything wrong with casinos, as long as you know that you are in one.

 

[The Leopard]

If you look @ the pumping done leading up to the expiry of the lock-in period, you can't fail to see these are vehicles for parting patsies from their cash.

The IPO market, well that's just a fncking disgrace. It's not gamed, it's an outright scam.

 

[DionysusToast]

IPO Performance Tracker (IPO Monitor) - Page 1
IPO Performance Tracker (IPO Monitor) - Page 2
IPO Performance Tracker (IPO Monitor) - Page 3

Further back you go, the more loosers you find.... for reasons the underwriters & Leopard both know.

 

[michaeltyler]

I am writing to inform shareholders of small cap OTC stocks there is a scam being run by a company posing as Consumer Advocates. Its name is Economic Frauds Inc. and its domain is Economic Frauds Inc / Committing to educate, warn & protect.
They mask their web hosting using a company called Managed DNS Services owned by Soft Layer Inc.

Economic Frauds Inc. is registered as a Florida Non Profit although it is a for profit scam. They have their unsuspecting prey send their money to a bank in Cyprus. We have notified the Broward County, Florida Sheriffs Fraud department. This company puts itself up as having information on thinly traded publicly traded companies that will show it’s a scam. They ask that shareholders contact them. Once they do they tell them they are putting together a class action lawsuit and if they want to become part of it they have to register and pay $150.00. Once the shareholder pays they call him back and tell him they have hit a snag and request more money to keep the lawsuit going.

The second part of this scam is they use another company and another salesman and tell the shareholders they can sell his shares for him or her. All he has to do is buy shares in another company and pay the difference between the sale and purchase. (Advance Fee Fraud).

The Directors of this company are Valdemar Forejt, Mitchell J. Graff and Anthony R. Harrison.

These individuals as well as their employees are not registered in the State of Florida to dispense investment advice.

Be careful if you see a company you are invested in show up on their domain. We are confident they will be shut down in the very near future. Several of these types of operations have been raided by the police recently.

 

[Tobyjug]

Boiler rooms

Information sought on Peter Carlsen & Ben Jackson from Morgan Financial Advisors.