I have been debating ThePhoenix on a few threads. I am conducting myself in a civilized manner and debating the subject matter. ThePhoenix has been making personal attacks upon myself and others. The Forum Admins have closed a few threads where these debates were held. Instead of closing the threads, ThePhoenix should have been sanctioned based on the rules of this forum.
Why don’t you start a thread with all your logic and whatever else you have to say so that those who are interested in what you have to contribute can follow you there instead of cluttering other threads that has nothing to do with what you have to say? Apparently many do not welcome your presence in their threads so stop annoying people.
I did start a thread weeks ago, it is called THE FOREX STORE. You are more than welcome to stop by. If I understand the rest of your post correctly then no dissenting views should be presented in threads? If that is true, then my analogy to religious faith was dead on. You don’t want civilized debate in threads? I think if the forum admins stopped the personal attacks the first time they happened, the message would be loud and clear that this behavior will not be tolerated. People choose to be annoyed, my presence is not the cause.
His thread already exists. The Forex Store.
Apparently many do not welcome your presence in their threads so stop annoying people.
Apparently many don’t welcome personal attacks and blatant abuse at user thrown around by The Phoenix. If you care to look you find many examples where that happend here in this forum.
On the subject of closed threads, I’m just curious why the Shandy’s Rules thread was locked. is it because it was concerning oil and gold instead of currency pairs?
Why does ThePhoenix get to do this repeatedly?
I’m also against the blatant attacks by the phoenix, all I’m saying is that instead of arguing in other threads causing them to close why not start a thread for all those debates and then the interesting parties can square off there.
Even better, why not have them throw off their gloves in the playroom section
You’re kidding, right? :rolleyes:
I thought having debates in threads was one of the points of having a thread. A thread is started with a method or idea. Some people may think the idea has merit and others may be able to show with reason and logic, why there is no merit. Ever hear of the scientific method?
Scientific method refers to a body of techniques for investigating phenomena, acquiring new knowledge, or correcting and integrating previous knowledge. To be termed scientific, a method of inquiry must be based on gathering observable, empirical and measurable evidence subject to specific principles of reasoning.[1] A scientific method consists of the collection of data through observation and experimentation, and the formulation and testing of hypotheses.[2]
Although procedures vary from one field of inquiry to another, identifiable features distinguish scientific inquiry from other methodologies of knowledge. Scientific researchers propose hypotheses as explanations of phenomena, and design experimental studies to test these hypotheses. These steps must be repeatable in order to dependably predict any future results. Theories that encompass wider domains of inquiry may bind many independently-derived hypotheses together in a coherent, supportive structure. This in turn may help form new hypotheses or place groups of hypotheses into context.
Among other facets shared by the various fields of inquiry is the conviction that the process be objective to reduce biased interpretations of the results. Another basic expectation is to document, archive and share all data and methodology so they are available for careful scrutiny by other scientists, thereby allowing other researchers the opportunity to verify results by attempting to reproduce them. This practice, called full disclosure, also allows statistical measures of the reliability of these data to be established.
From Wikipedia, the free encyclopedia
Considering money is at stake, it would be foolish not to allow dissenting voices so long as they are voicing reason and logic and not childish behavior like name calling. Calling something stupid or rubbish without the proof to back it up, is not how debates are won.
Duh! Of course.
Apparently this wasn’t been done, thats why the threads are locked.
…instead of cluttering other threads that has nothing to do with what you have to say?
He did mean dissenting in reference to scope of the topic rather than in disagreement it
Anyway on closed threads and admins Alternative Technical Templates Continued is back open, not that the phoenix had much to do with that one
Edit: Reading some of the arguments you’ve had with thephoenix imo he may be slightly over-reactive but I mean really, nitpicking on an argument that sideways does not exist, the myth of timeframes, even the myth of s/r…Just an observation, other than that I’m staying out. More time learning less time on politics
Price does NOT move sideways. I won that debate and the others, too, because I debated with logic, reason and factual evidence. This has nothing to do with politics. It has to do with reality based observations versus “opinions”, “illusions” and “myths”. A trader must learn to distinguish between what is real and what is not real otherwise the market will put them into the 95% club.
Funny how a 3000 EMA over a 20 year chart leads one to believe it will come back to center no matter where it is.
Not up, or down, horizontal;)
Could that be considered sideways?
Back on topic, I did think The Phoenix could have made better choices of words in replying.
Although I said I’d stay out of it it’s strangely too interesting/entertaining to ignore. You’re nitpicking the difference between what your reality based observations are and other peoples’ are. I agree with much of what you say and there is a lot of base-line logic (from my perspective at least) to back it up but there is a line at which exposing the scammer-encouraged neon lighted image of trading crosses into an unprovoked inquisition on the various conceptualisations of price action that have been adopted for practical use.
I mean spawning page-length arguments based on technicalities that aren’t really going to affect the system presented in those particular threads isn’t exactly the most productive discussion one would want to be looking at. More to the point seeing stagnant price action as “sideways”, or “stable” or “not moving” really isn’t going to affect the integrity of someone’s trading system.
The fact that you’re even pointing out and seeing things as winning debates is a little bit of a concern too…
I did mention that I wasn’t throwing accusations rather than pointing out that there is an extreme to watch out for, bloated egos happily attacking any sort of technical indicators are no better than bloated egos in the easier-done-than-said branch of the technical crowd. They’re both as bad as each other and no one wants them around.
On the other hand the tone of the arguments you’ve presented in other threads can be incredibly patronising and condescending. While I admire your zeal in debunking myths (or at least what you say are myths) and good intentions in doing so, as above you’re not doing anyone favours by randomly jumping on the misuse of certain terminology or accusing a rather well respected and generally reliable practically applied concept as being decidedly fake.
I’m not denying that there is a point at which some systems become developed on some very unscrupulous reasoning to the extent that followers will indeed be fooled by flawed logic and eventually suffer seriously from it but don’t you think it’s a little patronising to be calling out on threads that believers of these popular concepts that you deem illusional are completely oblivious to its reasoning and potential short comings? That’s where the condescending factor actually does comes in. In that regard on a rather distant analogy what you’re doing is walking into a shopping centre and telling everyone that the discount is a myth, that the stores are just trying to encourage sales and most people are falling as hapless victims to it and you’re trying to save them from spending more than they would - they already know, and they’re happily going for it. I doubt you’d be getting some very friendly reactions to that
There is no “illusion” trading the weekly open, daily open, and previous week’s high/low. As previously stated, I have no ego involved in price values that I have no control over. This is trading, up/down and profit/loss, ego doesn’t fit into any trading equations.
What is the logic behind your trading those particular levels? (Rhetorical, not a challenge) A derivative (or even the basis) of that justification easily becomes the popular concept of support and resistance; in fact if anything they’re on the same ‘level’ of reasoning that traders use in practical application. They’re both extrapolations from price at a certain time in order to indicate which way price is going to go. There is no doubt that a daily and weekly open exists, just as there is no doubt that some prices will be whole numbers and some will have fibonacci numbers in them. It’s what you do with them and what you think they mean that is left open to discussion/debate. Continuing on that train of thought, your trading the opens, factoring in the highs and lows can be considered ‘illusions’ from the perspective of someone else as deep-seated in their beliefs as you are in yours who only trades from a cross or retracement from fibonnaci and whole numbers.
Of course there is greater variability as you move up the chain, as concept is built on concept leaving an increasing level of reasoning open to error (Taleb calls it the narrative lie) - but if it appears to work consistently does it matter?
To go on another tangent I recall you mentioning in one of your posts that you practice tai chi or something similar. You’d be familiar with concepts of chi and jing? Western science is hesitant to accept that there is an empirical ‘force’ known as chi and indeed there isn’t much you can measure to prove its existence. But as a practical model it allows the user to harness his circulatory & respiratory system to reliably enhance his offensive ability to an amazing extent and possibly many times greater than that of someone without it. Trading systems are based on concepts that attempt to give the user a good chance at getting in the positive - some may be incredibly complex (possibly convoluted) in contrast to incredibly minimalistic ones (possibly excessively so) but both have the potential to lead the over-enthusiastic trader into not understanding either, abusing them (the system) and getting 95ed as a result. They’re both just arbitrary extremes on a scale, each to their own. There’s no need to pour hot oil all over the other guys here just because they happen to be in an opposing camp, you’re just as guilty as they are in causing losers - that is, hardly at all. This is of course excluding the systems that are purposely presented or marketed with the message of making trading looking ‘easy’ and encouraging eventually reckless purchasing/trading behaviour for their own ego and or cash.
It’s great that you leave ego at the door when trading and I’m sure you do very well by doing that, particularly based on the system you’ve presented in the forex store. But tbh you haven’t really seemed to be doing that around here - in the past that lead to prior conflicts at any rate (compared to the responses in the forex store which are fairly civil & decent). Continuously reinstating that someone’s system is based on a mythical concept on their thread when its clearly stimulating some rather inflammatory response (feels like immunology) and pointing out that you’re ‘winning’ isn’t the most humble thing I’ve seen. That said I’m not defending ThePhoenix from any accusations that he was incredibly rude, but I can see fault in both parties here.
How’d you do that? I was trying to make a chart with a very long period average just to illustrate that exact point. I said somewhere else that an infinite period MA would be the same thing as a horizontal line. But my metatrader won’t let me set an MA to anything bigger than 999
I don’t have 20 years worth of data loaded either.
Nev: very eloquent, I was wrong, there really are some people who see the big picture.
I just changed the parameters in the EMA option panel.
Makes me wonder if different brokers make different versions of MT available… My fave hobby is music, and there’s a ton of programs that offer stripped down versions that basically do the same thing until you need some more pro type apps.
Wouldn’t surprise me. The licensing for some software use can be exorbitant.
MT4 Lite. The whole picture, half the info…
Back on topic, Nev, that was an excellent post.
Myths, and illusions notwithstanding, there’s an infinite amount of ways to get out of the so called 95 percent club.
What may work for someone else, may not work for me. Sharing them in a civilized manner is fine, but trying to convert everyone smacks of television preachers.