Technical Analysis does not work, never did, never will

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

  1. speedo

    speedo

    Is this one of Surf's idiotic threads that refuses to die?
     
    #321     Mar 28, 2016
  2. Handle123

    Handle123

    I consider charting to be part of TA, so unless you using fundamentals or tea leaves or roll of the dice, darts, not much left.
     
    #322     Mar 28, 2016
  3. m1nt

    m1nt

    #323     Mar 28, 2016
  4. All you fortune tellers and palm readers think they have a crystal ball. I luv making you angry! I just pulled out $9420 for mar. Hahahaaha.
     
    #324     Apr 2, 2016
  5. TA doesn't account for an endless number of possible market scenarios. It argues in favor of the market repeating often enough while it does exactly the opposite - never repeats.
     
    #325     Apr 4, 2016
  6. Actually, here is the punchline:

    “This isn’t useful to retail investors given the small fluctuations in returns.” An investor who takes advantage of recent intra-day trends to time his or her daily buying and selling—rather than trading at the same set time each day—could save a cent for every $30 of stock price on average. At certain times of the day these average savings approach three cents for a $30 stock. Given the small magnitudes of these savings compared to the costs involved in executing trades, it would be difficult to profit by trading based solely on these intra-day fluctuations.'

    A penny for every $30. A penny. They won an award. For finding a penny.

    I'll take my money elsewhere, thanks.
     
    #326     Apr 4, 2016
  7. Buy1Sell2

    Buy1Sell2

    Hmmm--as little as that--Ok
     
    #327     Apr 4, 2016
  8. dartmus

    dartmus

    thanks for keeping the light focused on truth
     
    #328     Apr 4, 2016
  9. Sorry about delayed response. I trade with a neutral strategy, average down when the trade goes against me. No one can tell the future...
     
    #329     Oct 15, 2016
  10. yeah as little as that monthly.
     
    #330     Oct 15, 2016