neither TA not FA?

Discussion in 'Trading' started by i_c_fed_people, Nov 19, 2010.

  1. Unless you just randomly picked two items to trade at the same time, you had to do some analysis based on technical data to determine the relationship between the pairs. You could choose to trade Microsoft and Ford as a pair but you still have do some technical analysis to determine what if any relationship exists between the prices of the stock.
     
    #21     Nov 19, 2010
  2. stat arb
     
    #22     Nov 19, 2010
  3. BSAM

    BSAM

    S/R
     
    #23     Nov 19, 2010
  4. spd

    spd

    In my opinion, if you are basing trades off the behaivor of price in any respect, its technical analysis.

    If you are basing your trades of any information regarding a company or commodity, rumor or fact, its fundamental analysis.

    Anything else is simply guessing.
     
    #24     Nov 19, 2010
  5. Exactly.
     
    #25     Nov 19, 2010
  6. ammo

    ammo

    just watch it and buy when its going up and sell when its going down,flat when its not, its price action, don't know if that falls under t/a
     
    #26     Nov 19, 2010
  7. The person you quoted was making a strong effort to inform you.

    He is correct in his view.

    Categorically he is not speaking about FA or TA or FA and TA.

    He is speaking about the four category which is the title of the thread.

    The title may have been chosen by serendipitous means, however. Specifically it ws NOT chosen by the person who tried to inform you.

    A consideration of making money is being informed.

    FA and TA are tools that have limitations as the informer pointed out to you.

    It may not be just coincidence that in Behavioral Finance the terms the informer used, also come up. There in BF the subject is traders. You, in this thread, seem to be dicussing measuring the market.

    From my viewpoint it was good to see you consider listening to an input from someone else who, in fact, knows things that are not commonly known, but on the other hand are know to traders who person exceptionally well (his colleagues in this case).

    He has succinctly explained to you a context unknown to you and he has stripped away FA and TA, FA alone, and TA alone.

    None applies in his context. Also he is correct about his context's pertinent considrations.

    The rules that apply are well trusted in their many applications; terra firma, so to speak.

    Behavioral finance explains, empirically, just what the record is at the three times he mentions.

    How to inform people who occupy a different space or world is difficult at best. I admire you and your informer.

    He is making you think about that which he knows.

    Pragmatically speaking, the only test that has to be dealt with is knowing the markets have no noise nor anomallies.

    As a personal warm up drill you may want to consider another informative resourse. If so, go to Behavioral Finaince and read a snippet on the Home page entitled BF or BS. Focus on the three items. They are dicussed in the proximity of the two market conditions your informer mentioned.

    The subject of NOT FA AND NOT TA is framed by Keyne's "like kind" principle and Carnap's logic Theorems. This is entirely new turf for you; it is way beyond amazing and unbelievable.

    You may be able to arrive in the region of non probabilitisitc information theory in a while if you can begin to think critically. It is exclusive of probability. your informer was not talking to you using probailistic terminology. He was speaking using two ortogonal terms.

    My comments will turn out to just be a temporary interruption until the next 20 years have passed.
     
    #27     Nov 19, 2010
  8. piezoe

    piezoe

    There is also stocks being added/dropped to/from the S&P, inside info, what nitro does, etc.. but chances are if they're trading short term and they say they don't use TA they are lying.
     
    #28     Nov 19, 2010
  9. These work:

    <img src="http://upload.wikimedia.org/wikipedia/commons/3/3a/Astrologyproject.svg" />


    <img src="http://upload.wikimedia.org/wikipedia/commons/7/79/12_houses_of_heaven.jpg" />

    <img src="http://upload.wikimedia.org/wikipedia/commons/d/d1/Zodiac_woodcut.png" />
     
    #29     Nov 19, 2010
  10. the1

    the1

    Successful trading is based largely on intuition and the ability to adapt to changing market conditions. If you lack either you will not be successful.
     
    #30     Nov 19, 2010