Technical Analysis does not work, never did, never will

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

  1. Aj2014

    Aj2014

    Out of interest, are you saying that B1S2 is correct when he says that there are no edges in trading other than money management. So nothing can give you an edge in terms of a higher probability of one thing happening over another, so pointless to use ANY sort of analysis?
    regards.
     
    #271     Nov 10, 2015
  2. If you would read all my postings you would know the answer and wouldn't have to ask this question.
     
    #272     Nov 10, 2015
  3. TKOSTA74

    TKOSTA74

    You have taken the words out of content.money management plays a major role in your trading,its one of the main components of trading.does it make sense to you to buy a stock or whatever during a strong downtrend where no matter what money management you have, you will lose money.
     
    #273     Nov 10, 2015
  4. Yes, that's what our German friend is saying. He just doesn't seem to get it.

    surf
     
    #274     Nov 10, 2015
  5. Wait, which one's the Kraut again?
     
    #275     Nov 10, 2015
  6. Aj2014

    Aj2014

    Most of us haven't got time to read every single post of every single poster in case they've already answered the question you're about to ask :)
    Your proposal would make forums very quiet indeed! lol
     
    #276     Nov 10, 2015
  7. Aj2014

    Aj2014

    If you'd read all 11 thousand of his posts, you'd know the answer ;)
     
    #277     Nov 10, 2015
    Eddiemorra likes this.
  8. MS can even not write 1 intelligent posting, so why read his nonsense. On top of that, the only thing he tells is that TA does not work. He only repeated it 11 thousand times. So reading one posting gives a good summary of all his postings.
    I know already his answer as we are in a constant conflict about what works and what doesn't.
     
    #278     Nov 10, 2015
  9. You are an American and your wife is Georgian. And I am not German. But you still don't get it do you?
     
    #279     Nov 10, 2015
  10. Buy1Sell2

    Buy1Sell2

    I thought everyone understood-- I am a huge proponent of the use of TA. (By the way, everyone here uses TA). It allows me a high degree of accuracy in picking the initial movement of the market or instrument. But everyone can do that with TA, so there is no edge in the use of TA. --The edge in trading lies in the ability to utilize Prudent Money Management with regard to management of the trade once taken. It goes against human nature to do this properly ie taking small losses and letting winners run. Thus, those who can possess the only true edge in trading. Period.
     
    #280     Nov 10, 2015