This is a great lesson happening live here. Show a chart to 3 technical analysts and get 4 opinions on its meaning ---- TA at its best is subjective , at its worst dangerous portfolio witchcraft. surf
My TA results so far this week, although, I still have crippling doubts about how much of it is down to luck too, if i'm honest. Early days for this method, too. We'll see how I get on....
Not to be a Debbie Downer, but it has been almost 2 months, and it is breakeven/down performance. Not exactly what one wanted to see.... After 7 weeks we should have seen some kind of consistency.... I guess it is consistently breakeven...
All it take is one get lucky month to post a great year. The longer he keeps trying, as long as there's no big losses, luck will enter the game allowing for a nicely positive year. surf
I'd say it's better to be breakeven all year and have a lucky month or two to produce a great year, then to have a system you are overly confident in blow up right in your face.
Maybe so, but that is not the point of this journal. This journal is supposed to prove that TA works, so it should have a consistent (even if small) profitable outcome. So far it has been proving that the TA Cornix is using is a coinflipp at best...