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kut2k2

Registered: May 2005
Posts: 3224

08-09-12 08:53 AM

There are an infinite number of different ways to manipulate price and/or volume data to form technical indicators. The idea that any academic study looking at a necessarily tiny, tiny subset of the infinite number of indicators can reasonably conclude that "TA doesn't work" is laughably ridiculous on its face.

The TA that is known to work is rare and undisclosed to the public. Nobody is going to just hand it to you ... unless he's your dad or you saved his life or something similar. Looking for TA that works on this website is a fool's errand. You'll have to do your homework if you want TA to work for you.

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irniger

Registered: Apr 2005
Posts: 128

08-09-12 03:27 PM

Finding, combining, adapting and backtesting reliable indicators is the easier job. Trusting them in practice and using them is the hard thing. Always hesitating and being afraid of losses leads to missing profit opportunities.

But if in practice you still make half of the theoretical profits, you are on the winner's side.

Felix

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vinc

Registered: May 2007
Posts: 251

08-09-12 06:27 PM

either a strategy is OBJECTIVE AND TESTABLE or ...
it isn't and that's where all the BS begins..

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