Hi Dear Friends,
I am new to this Forum.
I tried to read your thoghts. You gentemen are on the extremes. Arjuna had the finest bow called 'Gandiv' but he was not the rulebecuase of that . One may have the finest tool, say, Elawave or Fibonacci or cross-overs or cross-downs, those are no sureties of earning money. Whereas, I have seen people who do not use even toilet paper to write their account but land up earning quite a lot and can employ many like me and you.Tool is just a tool and its use or abuse depends on the user. I can prove it, that, in any kind of market no tool works perfectly all right. Can my friends tell me the surity of the recognition of the "cycle" in Elawave. No one can! You all are justified but upto a point only.
In trading, common sense is more important than a tool - (I really do not know if only strength of the tool is end all - no - Ha Ha Ha ). Remember that. Tools require a perticular condition to operate and exist. Thare are people and conditions and circumstances which alter those conditions suddenly and abruptly and somtimes schemingly.Then the tools fail ! and human nature wins. Biggest tools of stock market is human Psychology!
Cheeras
All the Best - wish u success.