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PATs, Mack Style Price Action Trading YM ES NQ CL


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PATs, Mack Style Price Action Trading YM ES NQ CL

  #11 (permalink)
 supermht 
Naperville IL
 
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the method doesn't generate consistent $$$


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  #12 (permalink)
 
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 Sazon 
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supermht View Post
the method doesn't generate consistent $$$

I beg to differ. It was profitable for some but people were constantly insulted over and over so they no longer felt the need to post. I'm a little perplexed that everyone is now pretending they don't know why the thread died.

  #13 (permalink)
 
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 DavidHP 
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supermht View Post
the method doesn't generate consistent $$$


Sazon View Post
I beg to differ. It was profitable for some but people were constantly insulted over and over so they no longer felt the need to post. I'm a little perplexed that everyone is pretending they don't know why the thread died.

@Sazon you may be correct. Seems as if the participants were constantly told the method does not work.
And it was usually by someone that either did not like it or was not successful with the method.

There are ton's of method's on futures.io (formerly BMT) that do not work.
The negativity of some traders about a method that works for someone else is a strange thing.
It seems sometimes we just like to criticize someone that is different or using a different method.

(I've been as guilty as anyone)

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  #14 (permalink)
 supermht 
Naperville IL
 
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amateurs like jumping around from this method to that method, and to various methods.....

  #15 (permalink)
 
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 DavidHP 
Isla Mujeres, MX
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supermht View Post
amateurs like jumping around from this method to that method, and to various methods.....

And negativity feeds on negativity.

Rejoice in the Thunderstorms of Life . . .
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  #16 (permalink)
 timefreedom 
Indianapolis, IN USA
 
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Sazon View Post
I beg to differ. It was profitable for some but people were constantly insulted over and over so they no longer felt the need to post. I'm a little perplexed that everyone is now pretending they don't know why the thread died.

Looks like this thread has already taken a life of it's own - not in the direction the op intended. I'm not familiar with the trading approach they utilize but if you want long term thread viability, the key is to post similar views to @Big Mike. This is not a bad thing - but a clear and present reality. When I first came to this forum, Mike was using Ninja and building indicators. Consequently, this forum attracted Ninja users and some incredibly talented and generous coders - some of whom we are still blessed to have contributing. But as Mike's focus has changed over the years what is viewed as "acceptable" has also changed - quite considerably actually. This is completely natural and understandable given the fact that those who join the forum are, by default, viewing Mike as an authority. Many of the original contributors are gone now - which is fine - and the emphasis has changed to "using context and discretion." I don't fault anyone's approach to the markets - what works for one might not be appropriate for another. We all certainly have extremely strong opinions, beliefs and confidence in what we do or we simply would not be able to effectively trade. That said, I hope the forum remains open to those of us who think using the futures market to swing trade or position trade is, for lack of a better description, borderline ridiculous. Further, it would be good to see the same rules applied, in terms of what is appropriate and tolerated, applied not only to people who disagree with Mike's current trading meme, but also to those who don't. Good luck.

  #17 (permalink)
 supermht 
Naperville IL
 
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people seek holy grail, especially trust one who creates holy grail, and defend him...they don't allow anyone to say no to this holy grail

but question is: is that holy grail?

hehe

  #18 (permalink)
 Happy Rick 
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Started this thread
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  #19 (permalink)
 Happy Rick 
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Started this thread
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  #20 (permalink)
 
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 bobwest 
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I think this has the potential to get off topic very quickly, if people are going to take sides on who is right and who is wrong, and is already doing so.

Whatever was the cause of the diminished posting on the PATs thread, those who like it can do so, and those who think it's not a good way to go do not have to.

Arguments on who is right or wrong are not really productive.

Speaking just for myself, I like the discipline of marking the trendlines and channels on a minimal chart, and use price action as a component of decision-making. For that, and not because I exactly follow Mack, I have enjoyed and benefited from the Mack-style posting and have been sorry to see it go.

I am with @Happy Rick in supporting this type of posting; I just would prefer to see the older thread revive. I'll put up an early-morning chart there today to put my money where my mouth is. (Maybe here, too. )

Whichever way this shakes out, I would like to see these types of chart posts continue in some form or another.

Bob.

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Last Updated on February 1, 2015


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