Thread: CatFx50
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Old 12-01-2006, 09:40 PM
MainPIP MainPIP is offline
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Join Date: Jun 2006
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Quote:
Originally Posted by nina
Hi!

I'm at my daily work .
Can't make enough pips with your system?

Perhaps you might consider stopping going to all the forums and trashing EW? even worse quoting signals and confussing them with EW? I thought you mentioned that you had learnt EW somewhere before. You should know the difference between the signals and the theory. Do you?

So if I understood you correctly you have been trying to prove that your system hypothetically out performs EW signals? Is it correct?

But that is not the same as trading. I have not personally ever met a single trader who relied on signals. Have you? Then the question is why do you subscribe to useless signals? What is more puzzling is why do you equate those signals to EW?

Nona, like during the time when you tried to interfere with jonnydenver69 thread and the time in strategybuilder thread, you did come to realization that your knowledge and experience in that area was miniscule and you gave up. Perhaps, you should stop this nonesense now in your own thread. What is the use of you showing your weakness?

It is obvious you do not understand much about EW and your posting is a prove of that. You claimed that you liked Miner, but then you would have learned that EW work only 50% of the time and that when they do not come clearly that also offers set of advantages. Perhaps you missed that? You also would have learned from Miner that failuer of the wave is also an advantage in thes system and that there are other forms of strategies that have to be applied for trading especially short term. It is very similar to stating that EMA50 crosses in your system do not work by themselves. Fair? Miner and others teach you how to take advantage of EW and build your own system.

It does not matter that you do not know how to count the waves. The market moves in wave. I am sure you would have to agree with that. Elliott and Wyckoff taught us how to analyze them and distinguish impulsive and/or corrective waves. Having some standard counts is like having price pattern fomation. But you might have to undersatand not the counts but the ratioanlle of the market movements and it has nothing to do with the market prediction and/or your technical setups. If you do then without having benefits of the counts you will know the direction of the move, not prediciting but setting the stage for the market you are in. That might be tough for you since you were not able to grasp it from Miner and I do not pretend to be as good of a teacher and mentor.

Thye bottom line you feel you have developed a good system that gives people opportunity to make it in this field? Great. Than follow it. Quit complaining, Make your pips and stop making excuses for first job. Provide the knowledge and not your misguided opinion if you think that you are helping others. And if youare trully interested in the signal service open it and sell it, stop threatening others for this great service you have done to the community, because I have not seen any successfull trader who has utilized your system and made full time income including yourself.

LIGHTEN UP
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