Learning from a guru

everyone has a guru.
Some people follow cnbc
Some people follow others on yahoo.
pick your gurus carefully
i follow elder/gann/larry williams/bill williams/linda raschke/neely/elliot
I have studied the works of all these people in detail.
Even after all this study: The ultimate guru is the market.
People often make the mistake of using trading techniques/systems without testing them thoroughly.
Avoid that mistake,
Test your idea on actual market data before you actually jump into trade it.
Gann suggests that every technique should be tested and made one's own before using it.


People will say stuff like buy low sell high???
But not many people know how to quantify their setups
rsi<30 is low?
rsi>70 is higher??

a couple of examples:
13/21 ema is low
13/21 ema + 2x atr is high.
(provided trend of 2 out of 3 tfs is up)


1-2-3-4-5 is high
1-2-3-4-5 + abc is low...
there
are
lots
and
lots
of setups
the more exotic ones like pattern based setups are difficult to test


p.s 1-2-3-4-5 + a-b-c results in w3/wc /inv hns.


Will post pictures later if I get time

Going to be busy this week
need to buy a new pc.
quad core 6600 with water cooling
+ 4gb ram
+ 4 tb space raid 0+1
+ some good sound card for ddl/dts

maybe a mediocre gfx solution otherwise I will end up playing too many games on it :)).