I wasn't presenting/proposing an FA/TA challenge - just
thought it was possible you use FA to some degree (news world events
etc) to add weight to your TA statistical probabilities.
There is not a single doubt in my head that if you took
on the Ozzie market you would win ... in fact, the minute you state
your pick I'm likely to also be in.
Darn it Woody, it's really hard to type whilst my
cowardly feet are running toward the nearest exit.
Subject: Re: [sharechat] re TLS oh!
snoopy by macdunk. Blinkers Macdunk
Macdunk
We all know how wealthy you are macdunk ( oh God you have
told us enough times ) and how great at picking NZ stocks.
Rene Rivkin is a FA Stock Trader and very wealthy for it.I
don't contest the FA traders abilities.
I only wish that you would once in a while actually
READ one of my post with your Binkers off! I am only asking for a little
respect as a TA Trader ( Who by the way also Does very well, and Who by the
Way has a Few properties himself ). I do not trade any thing on the NZ Market
or the OZ Market I don't even have the data. ( Well not yet )
MY Challenge was for the FOREX Market I will prove to you
that I can trade this market totally on TA. I am not debating the FA/TA who is
better argument I am only wanting you to at least tune down your parochial,
myopic attitude towards it.
Larry Williams a world known TA Trader, Winner of the
Traders Comp three years in a row.
BY the way Larry Williams again won the traders comp in the
US taking $10,000 to 1 Million in two weeks.
At his seminars ( which cost $5000 and he guarantees to earn
that back for you ) he trades on stage,live, over a
period of three days using ONLY TA . He trades all the Money paid by the
attendees and ALWAYS everyone leaves a few Thousand dollars richer. Last
year I went to one in Sydney it cost me $5000, he traded the SPI ( Aust Share
Index ) Live on stage and I walked away after 3 days with $3000 plus my $5000
back.
LET me see a Fundamental trader live using Fundamental data.
let me see you do so!!!!
But I will take you up on your NZ and AUS stock challenge as
soon as I can arrange a data supplier. Then I will take your Stocks and Blow
you away.
So Rich man fom Babylon show me your Money! By the way my
return for 2003 was 78%, my return for last month was 34%.
My return for Gold and Silver was 700%. Each Contract
cost me US$800.00 and returned me $ 5,600 Per contract.
Subject: [sharechat] re TLS oh! snoopy
by macdunk.
Hi
WOODY
Poor old snoopy you are all ganging up on my old mate. The same tired
old argument. My system is better than yours. Fa traders make
statements about the future price of a share, where as a ta trader only
tells us how good their system is.
I throw the challenge back at you woody. the 2003 year I predicted
on the only market I trade on [the nz market] aia hqp poa pwc
trh. My return for the year was
30pc The previous years were20pc each year and if we take into account
the number of houses i built during those years then i think that can add to
the equation. When i see you tell this forum what a great buy a
company is at this moment in time the way i do, and risk ending up with egg
on your face then i will pay more
attention.
TA traders never do this but love to stick the boot in if the fa traders
predictions are wrong. My predictions for our market in
the next 6months are HQP and PWC let me see you beat that before you start
telling us how good you are. Give me a couple of NZ companies
woody i want snoopy to have some
fun.
cheers macdunk ps I use both TA and FA and have a productive
occupation.