Does Technical Trading Really Work?

Discussion in 'Technical Analysis' started by Lloyd W. Coutee, Oct 8, 2015.

  1. kut2k2

    kut2k2

    Yours as well, surf. You claim none of it is objective. The truth is TA lies between the two extremes of entirely subjective and entirely objective. TA is vast; it contains multitudes.
     
    #151     Oct 11, 2015
  2. dartmus

    dartmus

    There's a difference in meaning and intent between the statements .....

    All TA is objective.
    All TA works the way it's suggested it should work.

    It should be easy to recognize the 2nd statement is false. However the fact that a large portion of TA is useless doesn't mean it's not objective. I'm sorry if there's a communication problem here but distinguishing the differences between objective and subjective have been an important part of my life for a v long time. Saying TA is objective has nothing to do with whether a specific objective form of TA is viable or not.
     
    #152     Oct 11, 2015
  3. Some of those who appreciated what I posted in a previous life made big progress. The TA bashers were to busy trying to break down TA.

    Thanks for your posting. It is again for me a confirmation it was not for nothing that I posted these things.
    Would appreciate it if you never make my other nickname public. For me the posting of valuable things is over.
     
    #153     Oct 11, 2015
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  4. Same experience here and same action taken because of that, like you did.
    We think too quickly that what we find others can find too. Which is clearly not the case.
     
    #154     Oct 11, 2015
    dartmus likes this.
  5. dartmus

    dartmus

    I'm curious if he's ever used the compound word 'seasonal drivers' or made reference to seasonal price moves. I would ask him but I can't see his posts and I trust others such as yourself are more likely to give me a straight answer without diverting the conversation elsewhere.

    Eventually my inquires in this area could lead to something v interesting. At least that's my intent and why I pursue tangents involving surf. However if this one fails to pan out I would like to take control over my desire to prove something and let go of this forever and never think of surf and his price drivers again.
     
    #155     Oct 11, 2015
  6. barcadia

    barcadia

    None of us with a real edge will share even the vaguest hint here on ET.
    The forum should be for small talk or discussing hardware or something.
     
    #156     Oct 11, 2015
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  7. pauk

    pauk

    X2
     
    #157     Oct 11, 2015
    dartmus likes this.
  8. Yes, i agree-- but it also maximizes wins. One huge win makes up for the losses.
     
    #158     Oct 11, 2015
  9. I agree -- it CAN be objective but when it is -- it fails without exception.
     
    Last edited: Oct 11, 2015
    #159     Oct 11, 2015
  10. dartmus

    dartmus

    Someone subjectively applying ta does not make their ta subjective. No matter what flavor they choose or how many flavors exist in that category of ta ...the ta itself must be v specific or it's not ta.

    Analysis that doesn't contain specifics isn't analysis. It can contain exceptions but those are either specifically defined or none can be included. If an exception is vague and not described well enough to b recognized then that portion of the analysis nullifies at least that portion of the ta and likely the entire ta. It doesn't make it subjective ta because that's a contradiction of the laws of the way things work in the physical world.
     
    #160     Oct 11, 2015
    NoDoji likes this.