Objections to SCT

Discussion in 'Technical Analysis' started by Joe Doaks, Mar 19, 2007.

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  1. Well put, Thunderdog. I continually try to improve (read "complicate") what I do, and continually return to the basic system.
     
    #111     Mar 20, 2007
  2. virgin

    virgin

    Nothing beats the KISS approach
     
    #112     Mar 20, 2007
  3. doli

    doli

    It was in a preface to "The Great Chain of Being," that I first became aware that many people are attracted to complexity and that which they can't understand. A reason may be that they mistake complexity for profundity, simply because they do not understand that what they are reading is nonsense.
     
    #113     Mar 20, 2007
  4. Now I am not particularly proud of this trade. It was entered late and exited early, but no fucking way did SCT see it coming. I didn't want to trade the AM ratcheting (rat-shitting?) bear flag, so I waited patiently for the signals which triggered this trade. Times are Pacific, because as is well-known, I chart and test in PT and trade in CT to get a beneficial lead time on trades.
     
    #114     Mar 20, 2007
  5. nkhoi

    nkhoi

    my take is it just looked complicated, one you understand it, it's pretty simple. I sometimes think darn, this is too simple, anybody with 1/2 a brain can see it.
     
    #115     Mar 20, 2007
  6. doli

    doli

    Could that be the purpose of Jack's posts?
     
    #116     Mar 20, 2007
  7. RhinoGG

    RhinoGG Guest

    I have half a brain. Could you, would you, explain it to me like three year old.
     
    #117     Mar 20, 2007
  8. I spent an hour articulating the pros and cons of this post and lost it when butterscotch stepped on my keyboard...lol... too bad.

    I'll pass on this. It will be evident to many, I'm sure, what the consequences are of approaching SCT with this sort of orientation..

    Too bad i lost it would be helpful for the book on the assessor level.
     
    #118     Mar 20, 2007
  9. Use this as a good response to thunderdog.
     
    #119     Mar 20, 2007
  10. LOL

    For a minute I though you were posting the trade.
     
    #120     Mar 20, 2007
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