Technical Analysis does not work, never did, never will

Discussion in 'Technical Analysis' started by NoVoodooHere, Nov 3, 2015.

  1. It's my friend Dave's boat.
     
    #201     Nov 7, 2015
  2. Yes I agree, it is idiotic.
    But past can help you predict future happenings. And this with high probability if you are smart enough to find the edge.
    All trading, no matter if it is TA or not, is based on past. For the simple reason that we don't know the future, and the only information we have is from past. So everybody who buys or sells does this on the past. Even Marketsurfer.

    In the US there are hospitals that collect all possible information about patients, treatments and diseases. They put it in an AI system and the computer proposes the ideal treatment for new patients that arrive. The results show that less patients die, they stay shorter time in hospital, getter better and cheaper treatments. In short, past data lead to much better diagnostics for future.
     
    #202     Nov 7, 2015
    kut2k2 likes this.
  3. Of course, you play tennis with him and can even use his swimming pool.
    But he didn't let you take a picture from inside the boat? Your friend?
     
    #203     Nov 7, 2015
  4. Well played Sir, I rather enjoyed this post.

    Still I'm not quite sold on the premise, could yah try a bit more to convince me?
     
    #204     Nov 7, 2015
  5. No, will not try to convince you. I need counterparties for my trades, so why make myself my life difficult? And all that for FREE? You can only win and I can only lose.

    I'm a trader so only interested in taking out of the market, not putting in the market.
    Don't try TA because you will lose all you have, better continue like you do now and lose (a bit) less.
     
    #205     Nov 7, 2015
  6. WTF is Dave & why are you cock-blocking right now?
     
    #206     Nov 7, 2015
  7. The funniest part is that you actually believe this
     
    #207     Nov 7, 2015
  8. Marketsurfer acts like he is the godfather and the only expert in everything that from close or far is related to trading. He pretends to know everybody and every famous or rich person is a personal friend from him.
    I don't like his arrogant attitude and specially his stupid remarks about everything that might be related to TA. He calls people morons, idiots, losers......
    And then you ask why I have a problem with this man?
    Believe me there are a lot of people on ET that have a problem with him.

    All MS does is blow up funds and write, write, write, write..... even for ghosts he writes.
    And of course offend continuously other people.
     
    #208     Nov 7, 2015
    Handle123 and samuel11 like this.
  9. I am happy with your reaction, because you should stay in your ignorance, and I see that's the case. People like you make TA work for others. I hope you don't understand this because I am happy with how things are now. Getting you out of your ignorance might change things. So keep up the good work!
     
    #209     Nov 7, 2015
  10. Works for me. Feel free to look me up anytime you need a counter-party.

    Not exactly, I asked "WTF is Dave & why are you cock-blocking right now?". Please, try to focus

    Also the shorthand of using "...", it's (3) little dots, not (4) or (5) or (7)... Just sayin'
     
    #210     Nov 7, 2015