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Is forex education misleading or everyone is stupid?

  • #781
  • Feb 5, 2022 8:25pm Feb 5, 2022 8:25pm
Quoting RickM
{quote} With respect I just don’t think we should be talking badly about any trader on these forums. Many are scarred from years of trading losses and bitterly disappointed with their recent performance. They like to lash out at other traders or tell lies to boost their own ego to protect themselves from stress or anxiety. I recommend you build a football team around you as a trader. You need a strong captain to control the game and protect your equity, you need a cocky confident forward to score goals when nothing is on offer, you just need utilise...
I had posted earlier that "We are judged by the friends we keep". But it goes deeper than that. We may not be aware, but we also judge ourselves by the friends we keep. So, though you know that ryuryu is a dick, you choose his company because he pats you on the back. Maybe you need that pat on the back to keep you going -- I don't know. But it comes with a price. Everything comes with a trade-off -- both in trading and real life.
  • #782
  • Feb 5, 2022 9:02pm Feb 5, 2022 9:02pm
Quoting ohitsyou
{quote} I had posted earlier that "We are judged by the friends we keep". But it goes deeper than that. We may not be aware, but we also judge ourselves by the friends we keep. So, though you know that ryuryu is a dick, you choose his company because he pats you on the back. Maybe you need that pat on the back to keep you going -- I don't know. But it comes with a price. Everything comes with a trade-off -- both in trading and real life.
It’s got nothing to do with pats on the back.

Gold has a average density of just over 150 units per minute as seen on a futures chart. As market orders are applied to this liquidity, we get increasing size of delta in a series of bars before it flips. There is a point in the market where the flipping of delta is only valid If you are long or short in the direction of increasing volume.
It’s a number and he knows it.

What I fear is ryuryu finding something else I may have missed. Can’t let the kid get one up on me.

Cheers
Trading thin liquidity at the boundary of the charts
  • #783
  • Feb 5, 2022 9:11pm Feb 5, 2022 9:11pm
Quoting ohitsyou
{quote} Oh, you're back again? Aren't you the fella who has one EA that throws errors on one machine and, yet, believes it is due to a MetaQuotes conspiracy and not a coding error? Do you really want to revisit this? Why not just let it go... Perhaps it's because you're still feeling embarrassed but now feel braver thinking ryuryu is on your side and will back you up. You know, like two against one. Just be careful who you choose as a friend. As RickM is learning, ryuryu is poison to your reputation...
dear, i will. just having no time at the moment. 1/2 day skiing. the rest playing with the kids. sleeping.

you are going NOWHERE. such an easy catch you are. already trapped. sounds familiar? be patient, please.
Maadik Hugiis. IQ 69.
  • #784
  • Edited 10:32pm Feb 5, 2022 10:01pm | Edited 10:32pm
Does it look like 98% correlation???

Attached Image (click to enlarge)
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  • #785
  • Feb 5, 2022 10:31pm Feb 5, 2022 10:31pm
Quoting BlackNapkins
Des it looks like 98% correlation??? {image}
BN -- I'm surprised and disappointed in you. You upload an image with two charts that aren't labeled -- and that is supposed to prove your point? Either you aren't as smart as I thought you were or you think we are more stupid than we actually are.

Below is my chart that proves tick volume and real volume are highly correlated:

Attached Image (click to enlarge)
Click to Enlarge Name: correlation.png Size: 18 KB
  • #786
  • Feb 5, 2022 10:32pm Feb 5, 2022 10:32pm
Quoting MoneyZilla
{quote} dear, i will. just having no time at the moment. 1/2 day skiing. the rest playing with the kids. sleeping. you are going NOWHERE. such an easy catch you are. already trapped. sounds familiar? be patient, please.
Hope you have an enjoyable weekend skiing with your family...
  • #787
  • Feb 5, 2022 10:33pm Feb 5, 2022 10:33pm
Quoting RickM
{quote} It’s got nothing to do with pats on the back. Gold has a average density of just over 150 units per minute as seen on a futures chart. As market orders are applied to this liquidity, we get increasing size of delta in a series of bars before it flips. There is a point in the market where the flipping of delta is only valid If you are long or short in the direction of increasing volume. It’s a number and he knows it. What I fear is ryuryu finding something else I may have missed. Can’t let the kid get one up on me. Cheers
Dear RickM

I hope this letter find you in good health.

I hate Gurus, forex Gurus because they are notorious and known for misleading a lot of people, bringing nothing but missery to them. They teach 100 students a 'strategy' and only 10 become successful, by successful I mean, they themselves become Gurus not that they become profitable.

These new 10 Gurus will worship this old Master so much that the rest, 90 students who's not making profits after the Guru's lessons, complaints will be overshadowed by these 10 worshipers. These new Gurus will call these 90 students all sort of names just to make them feel stupid that it's their fault they're not successful.

And the cycle keep going on and on.

You're the only person in this thread who's advertising Guru skills and you have worshipers too. To me you meet all the Red flags of being one of the Guru's I dearly hate, so so so much.

For you to continue posting on this thread, please make a TE showing your trading performance for the last 90 days, Demo or Live doesn't matter. You can use any other platforms such as myfxbook if you don't like forex factory's TE.

If you cannot fulfill this simple request. Please don't explain why you cannot. Please don't even reply to this letter. You can just stop and don't ever post again. You have nothing to lose.

I thank you
  • #788
  • Feb 5, 2022 10:40pm Feb 5, 2022 10:40pm
Quoting rockypoint
Thread has gone from kind of interesting, to constant fighting. Not much value in it, since there is apparently no middle ground. I forget who said it, but basically its down to, "we both can't be right so you must be wrong" there is no resolution to this conflict.
This thread never achieved its intended purpose. From the first reply, it went south.

It never recovered.

If that was your "interesting" I'm afraid you're being mistaken. Nothing much has changed. I just got more time to reply to it and that's all that had changed
  • #789
  • Feb 5, 2022 10:46pm Feb 5, 2022 10:46pm
Quoting ohitsyou
{quote} BN -- I'm surprised and disappointed in you. You upload an image with two charts that aren't labeled -- and that is supposed to prove your point? Either you aren't as smart as I thought you were or you think we are more stupid than we actually are. Below is my chart that proves tick volume and real volume are highly correlated: {image}
I am not smartest guy on earth, that’s true, but there is no reason to be rude…

I asked simple question without bias ..

Do they look like 98% correlation… It is what I wont to know… Your pictures are correlated. I can see this. Tell me how you see mine, and please save me your personal attacks, I know who I am very well.

Doesn’t matter what it is what TF it is… do they look like 98% correlation, simple as that.
  • #790
  • Feb 5, 2022 10:49pm Feb 5, 2022 10:49pm
Quoting RickM
{quote} It’s got nothing to do with pats on the back. Gold has a average density of just over 150 units per minute as seen on a futures chart. As market orders are applied to this liquidity, we get increasing size of delta in a series of bars before it flips. There is a point in the market where the flipping of delta is only valid If you are long or short in the direction of increasing volume. It’s a number and he knows it. What I fear is ryuryu finding something else I may have missed. Can’t let the kid get one up on me. Cheers
Fair enough -- you have your priorities. Sort of a shame you got dragged into this -- ryuryu seems to have that affect on people.

I'll avoid mentioning you in future posts -- or, at least not in a negative way. ryuryu is a different story. It's too easy to push his button and he deserves to be mocked and ridiculed.
  • #791
  • Feb 5, 2022 10:59pm Feb 5, 2022 10:59pm
Quoting BlackNapkins
{quote} I am not smartest guy on earth, that’s true, but there is no reason to be rude… I asked simple question without bias .. Do they look like 98% correlation… It is what I wont to know… Your pictures are correlated. I can see this. Tell me how you see mine, and please save me your personal attacks, I know who I am very well. Doesn’t matter what it is what TF it is… do they look like 98% correlation, simple as that.
BN -- correlations are not computed by visual inspection, so your charts are irrelevant. I provided a link and reference to an analysis that was done 10 years ago. I did not do the analysis -- I simply shared the results. The results include a table with some statistical results. Read them as you wish.

I also shared a picture of a tick volume indicator with markings that included how it might be traded. If it doesn't make sense to you that's fine. I was simply making the points that:

1. Others have concluded that tick volume correlates well with real volume. This should make you feel good. Since real volume data is not readily available then knowing that tick volume might be good enough may open some new doors for you. If you are not looking for new doors then that's fine, too.

2. Tick volume may be good enough for trading -- as the indi shows.

Where was my crime? I know I'm missing something here but I'm not sure what it is.
  • #792
  • Feb 5, 2022 11:06pm Feb 5, 2022 11:06pm
Quoting ohitsyou
{quote} BN -- correlations are not computed by visual inspection, so your charts are irrelevant. I provided a link and reference to an analysis that was done 10 years ago. I did not do the analysis -- I simply shared the results. The results include a table with some statistical results. Read them as you wish. I also shared a picture of a tick volume indicator with markings that included how it might be traded. If it doesn't make sense to you that's fine. I was simply making the points that: 1. Others have concluded that tick volume correlates well...
Mate, it must be time to grab a coffee and take the dog for a walk.
  • #793
  • Feb 5, 2022 11:19pm Feb 5, 2022 11:19pm
Peter Please!!!

You are avoiding to give simple answer to simple question...

You did not give me a context to your drawings either, not any research, papers... but I answered to QUESTION anyway, you did not answered mine.

So lets do other way round... do you see any correaltion of this pictures, please? You have already my answer...

Attached Image (click to enlarge)
Click to Enlarge Name: correlation.png Size: 18 KB
  • #794
  • Feb 5, 2022 11:25pm Feb 5, 2022 11:25pm
Quoting BlackNapkins
Peter Please!!! You are avoiding to give simple answer to simple question... You did not give me a context to your drawings either, not any research, papers... but I answered to QUESTION anyway, you did not answered mine. So lets do other way round... do you see any correaltion of this pictures, please? You have already my answer... {image}
BN -- read my lips. Correlation is a statistical computation. It is not done by subjective, visual inspection. Dude -- it's statistics, math, algebra. You can compare two pictures, but whether or not they correlate depends on what metrics are applied. Here's one for you -- does Tel Aviv correlate with San Francisco?
  • #795
  • Feb 5, 2022 11:40pm Feb 5, 2022 11:40pm
Peter,
I know what a correlation is, I know there are several types of correlation ...
But back to the point ...
I heard that you are going for a walk with the dog .. on a walk with the dog you will have three legs on average. But if you go for a walk with five dogs, you will have an average of 3.66 legs ... fear to think what it would be like if you had 10 dogs to lead.
The tick volume correlation on the D1 level reaches 98%, on the M1 level the correlation is useless.
  • #796
  • Feb 5, 2022 11:56pm Feb 5, 2022 11:56pm
Quoting BlackNapkins
The tick volume correlation on the D1 level reaches 98%, on the M1 level the correlation is useless.
Okay -- whatever...

It wasn't my analysis. If you don't like the result then take it up with Caspar Marney, who authored the work and published the analysis. And be sure to include your evidence as to why M1 level correlation is useless. We wouldn't want to spread any more misleading information on this thread, right?
  • #797
  • Feb 6, 2022 12:05am Feb 6, 2022 12:05am
Quoting ohitsyou
As for ryuryu -- He is a dick
Quoting ohitsyou
He is not fearless
Quoting ohitsyou
he is a spoiled brat with extra cash to burn
Quoting ohitsyou
He is damaged goods and shouldn't be trusted
Quoting ohitsyou
He would abandon you in a flash
So glad to hear it
Observer effect
  • #798
  • Feb 6, 2022 12:22am Feb 6, 2022 12:22am
Quoting ryuryu
{quote} {quote} {quote} {quote} {quote} So glad to hear it
Thanks for quoting me so many times.

Thanks to you I'll be a red badge in no time...
  • #799
  • Feb 6, 2022 12:25am Feb 6, 2022 12:25am
Quoting BlackNapkins
Peter, I know what a correlation is, I know there are several types of correlation ... But back to the point ... I heard that you are going for a walk with the dog .. on a walk with the dog you will have three legs on average. But if you go for a walk with five dogs, you will have an average of 3.66 legs ... fear to think what it would be like if you had 10 dogs to lead. The tick volume correlation on the D1 level reaches 98%, on the M1 level the correlation is useless.
Here are your charts again. Let's consider gray and blue pixels. What percent correlation do you see between the two charts?

Attached Image (click to enlarge)
Click to Enlarge Name: correlation-chart.png Size: 136 KB


You never answered my correlation question to you. What is the percent correlation between San Francisco and Tel Aviv?
  • #800
  • Feb 6, 2022 12:29am Feb 6, 2022 12:29am
Quoting ohitsyou
{quote} Here are your charts again. Let's consider gray and blue pixels. What percent correlation do you see between the two charts? {image} You never answered my correlation question to you. What is the percent correlation between San Francisco and Tel Aviv?
I see no correlation beetwin San Francisko and Tel Aviv...
Let mi remind you I have answered one of your questions before ... did you?
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