See amazon. After reading literally dozens upon dozens of trading books.( I am on Wiley finance's book reviewer list) These 2 standout as reality. Surf.
Huh? I like to help others avoid the issues and confusion I had when I started. This is a difficult business for most.
Then he needs to clarify...because the thread title says TA and that encompasses a plethora of ways to view and make trading decisions.
You already stated the reasons you are on this site and it has nothing to do with you being a kind hearted concerned person.
Meeting great people for synergistic relationships is a by product of my mission to help others. In addition to gathering intel for my own publishing/ writing business/hobby. I don't see a disconnect. You should attend the next "surf fest".
You're still missing the point. There is definitely an inherent weakness with technical indicators. One you mentioned and the other being that they are derived from price so it's kind of like the tail wagging the dog. However, if you use a certain tool over an extended period of time you tend to learn how to "interpret" its meaning. For example, suppose you use a MACD histogram with the default settings. If you're brand spanking new to trading it's going to be of little help but if you've been using it for 5 years you'll know when to trust it and when not to because experience allows you to develop the ability to "read" the markets. It's the art of "just knowing" that's based on "I've seen this before." It's no different than learning how to fly a plane -- it takes time and after enough time the pilot knows when to zig and when to zag.
No one cares what a 'failed trader' has to say when it comes to trading....unless you are telling us what NOT to do.
From reading your posts the last thing you are interested in is building relationships. You don't help others, you are only interested in helping yourself. If there isn't something in it for you, you don't participate. You are a self serving person and the exact reason I work for myself. I used to work with people like you in corporate America and it was the main reason I ventured out on my own. Antagonizing people into interacting with you seems to be your main purpose here. You sure don't offer any intellectual value. You can't back up a single post regarding TA except for your standard, "because all of my important friends say so". I have a brother-in-law like you and we all love his phone calls home for the Holidays . . . I, me, I, me, I, me, I, me, I, me and oh, call me back. I don't see you hanging out bashing TA in the ES thread where they apply it daily and profitably. Most read thread on ET and no flaming. Maybe that is why you aren't in there. Find a new hobby like volunteering your time at a children's hospital and learn some humility.