Monday, July 26, 2021 11:38:24 AM
You have a lot of right in what you said in your posts.
You also have wrongs.
Yes, I can verify that you did hit SOME tops and bottoms to the day. Not all, I saw that, but enough to deserve to gloat.
You had been faked out, here and there, missed by a bit, but all in all you did excellent. The 100% is not there, it just can't be, but is good yes.
You are right I don't have the DAY, and nobody seems to have it, and neither you don't have it like all the time, let's be serious. I looked at some of your calls when you did hit the day and I have to admit no matter my expertise and experience I DID NOT AND COULD NOT see that day.
...Don't get me wrong, you and me know why I didn't and couldn't...
And it's not for me being stupid or not doing my charting ...!
(but some of the calls I hit the right spot and you missed)
Having said that, I have however hit ... THE SECOND BEST in such circumstances.
For example you did nail the top on dayX. But the price lingered (DECAYING OPTIONS - a thing you despise, just like me). But then when I did see the top, about dayX+3 or dayX+5, while price was now lower, it wasn't that much lower, and I got in just when the market was about to move.
(This is a theoretical study using my chart over your calls, so I did not actually take the trades in the study)
Point is that with options I did not miss much you vs me, or even gained through avoiding grinding and decay, and with stock I did miss but not significant to pull my hair. Meaning that without spoon-feed I managed to capture anywhere from 50% to 90% of moves we're talking about.
I agree it takes 20 years for Mr perfect type of thing, and yes, a certain type of person that can both, do the time and do the work.
THERE IS NOTHING THAT SOMEONE CAN POSSIBLY REVERSE ENGINEER ABOUT YOUR CALLS.
You call for that because you know it's impossible and you have fun imagining people trying and toiling to no end.
It's fun, I give you that, but I wouldn't do it for few reasons. But you do what you do.
There are some smart people here, some knowledgeable individuals. I have respect for them.
You know, capturing crumbs, sometimes big crumbs, from the market moves is not bad at all, PARTICULARLY when you keep GROWING your account.
It's like in real life:
Why would you look down on someone putting in his energy time and work but making less than you?!!
How about people making MORE than you? Should they look down on you?
Why looking down on someone going to the Gym yet having a less good-looking body than yours?! It doesn't make sense. It's always someone better than you. You don't want them to look down on you..
Nowwhat is right, you were wrong calling THE TOP, as you did call the top and here we are at new highs ABOVE your call which proves you wrong as you were sooo firm it is THE TOP and everyone will be in awe of the spectacular move coming up.
Nowwhat is also wrong as you DID actually capture A top.
It only looks like semantics.
Well, me/we can't do what you SOMETIMES can do, but me/we can do decent capturing what charts can.
I know you don't "have use" of indicators, as we know them. But that's because in your 20 years you did not refined and simplified the charting. If you do that then you will see that it can come really close to other "better" stuff.
I really like when I see you posting.
Please be more forgiving with other people that only try to do their best.
fwiw this board (or others) bears no significance in the marketplace and probably none in SPY price moves.
Thanks
(p.s. it seems I do get some of the "DAY"s now and then, but I won't say I have it, and you do miss some good moves, so ... respectfully, no one has all the cards me friend)
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