T/A Fails Time and Time Again - Why?

Discussion in 'Technical Analysis' started by MarkBrown, Nov 22, 2015.

Time based data

  1. Yes time is a factor in my trading plan.

    71.4%
  2. No time is not a factor in my trading plan.

    28.6%
  1. There are a lot of ways to reduce the influence of time. An obvious method is to resample or discretize the data at different intervals (asynchronous for example). This 'CAN' also help the math and probabilities work in your favor.
     
    #31     Nov 23, 2015
    dartmus likes this.
  2. Bry

    Bry

    Tick charts take time out, some swear by them.
     
    #32     Nov 23, 2015
  3. While not directly related to the subject of your thread, drawing charts by hand was a great experience. Back then I sat in the broker's boardroom and plotted the day's data on up to 300 charts. You develop a 'feeling' for price movement that I would guess you don't achieve with only screen experience. Adding this feel for price movement to proper TA is certainly a benefit, but admittedly not a necessity in reading charts. So, as you said, ancient yes, but that type of 'time' spent was quite worthwhile IMHO.
     
    Last edited: Nov 23, 2015
    #33     Nov 23, 2015
    benwm likes this.
  4. So what is Tommy using instead of time? Volume or range? Either way, he still has to make a choice just as he did with a time interval. What if it's the "wrong" choice? I've looked at volume and range charts in the past. Personally, I didn't find them to be any prettier.

    And so removing time from the equation prevents your apparent moth-to-flame relationship with the markets? Somehow, evidently so:

    And so what kind of returns are you now generating with your perfect understanding?

     
    Last edited: Nov 24, 2015
    #34     Nov 24, 2015
    kut2k2 likes this.
  5. achilles28

    achilles28

    How is time eliminated from market data? Abandoning candles/bars and using tick charts?
     
    #35     Nov 25, 2015
  6. MarkBrown

    MarkBrown

    range, momentum, point and figure, tick, kase range and others.

    i like range and momentum myself.
     
    #36     Nov 25, 2015
    zbestoch and kut2k2 like this.
  7. achilles28

    achilles28

    Thanks man. Will take a look.

    Like to average into winners?
     
    #37     Nov 25, 2015
  8. If you happen to be trading at the quantum level.
     
    #38     Nov 25, 2015
  9. MarkBrown

    MarkBrown

    yea i am trading at the quantum level asshole.. take your snide comments elsewhere foreskin.
     
    #39     Nov 25, 2015
    zbestoch and dartmus like this.
  10. Sorry, but it seems that you didn't understand the content in the link you posted.

    Also, you didn't answer any of the questions in my preceding post yesterday. However worded, they were serious questions to your provocative statements.
     
    #40     Nov 25, 2015