Is it really possible to take all the information you need about a stock from charts?

Discussion in 'Trading' started by Lloyd W. Coutee, Oct 16, 2015.

  1. Redneck

    Redneck

    Go fuck yourself - and keep away from me


    You are a failed trader - lurking on the fringe

    Sucking on the tit of the traders who feed you - as a journalist


    Proud of what you have / who you know

    Completely unable to hack it trading


    RN
     
    #31     Oct 20, 2015
  2. Redneck

    Redneck


    If not from a chart - whence does TA originate

    RN
     
    #32     Oct 20, 2015
  3. Redneck

    Redneck

    Yup very unfortunate - and I ain't done yet

    RN



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    #33     Oct 20, 2015
    dartmus likes this.
  4. Redneck

    Redneck

    Yup..., so incredibly unfortunate

    Time for lunch.., and callin it a day

    RN



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    #34     Oct 20, 2015
  5. Maybe from price without the chart deception?
     
    #35     Oct 20, 2015
  6. pauk

    pauk

    ... l.JPG
     
    #36     Oct 20, 2015
    lawrence-lugar likes this.
  7. Redneck

    Redneck

    So an instrument's chart does not accurately reflect the tape of that instrument over the course of a session


    Cool

    RN
     
    #37     Oct 20, 2015
  8. Redneck

    Redneck





    No pithy retort to a factual statement regarding TA / PA / Trading

    Typical

    RN
     
    #38     Oct 20, 2015
  9. Redneck

    Redneck

    Okay.., so once again - I have your back journalist

    Here's an exclusive for ya



    BREAKING NEWS

    Widespread manipulation identified within financial markets

    (providing you two options here - feel free to use whichever you claim causing "the chart deception")


    1.) Exchanges found to be manipulating data - skewing T&S / tape (actual trades) from what is reflected on a chart (a graphical representation purpoted to be of same exact trades)

    2.) Data providers and brokers found to be manipulating data - skewing T&S / tape (actual trades) from what is reflected on a chart (a graphical representation purpoted to be of same exact trades)



    You called it - "the chart deception".., aka manipulation

    And as it could only originate from either the exchanges..., or data providers / brokers

    You've an exclusive (no need to thank me.., and please feel free to keep all proceeds)

    Should blow the lid wide off this industry - unless of course...

    It (this so called "chart deception" you claim) simply a fabrication inside your head (manifestation of your lacking trading prowess no doubt)



    And to think (least you've claimed) industry / financial people actually hire you / associate with you


    =============

    Now..., otoh

    You can always leave me be

    Tis a choice

    RN
     
    Last edited: Oct 20, 2015
    #39     Oct 20, 2015
    NoDoji likes this.

  10. The issue is its not news. Everyone already knows that charts are deceptive -- it has nothing to do with manipulation but to the nature of the market herself.

    Markets are deceptive: bubbles are dramatic, but the tendency of markets to deceive and confuse is an everyday affair. Therefore price-charts are deceptive, as well as global economic cycles despite the fact that humans love to see patterns in nature. But financial and economic data alike are random, and no pattern exists in price movements or economic cycles. Thus, when examining trend charts we should guard ourselves against jumping to conclusions that the invisible hand of Adam Smith is somehow guiding them. It is a bold investor who would try to forecast a specific price level based solely on a pattern in the charts.

    Benoit Mandlebrot

    By the way, nice trading today!

    Surf
     
    #40     Oct 20, 2015