Technical Analysis does not work, never did, never will

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

  1. Can you help out a brother and tell me what the "correct" way is then? Thx
     
    #31     Nov 3, 2015
  2. jp morgan qoute.PNG
     
    #32     Nov 3, 2015
    NoVoodooHere likes this.
  3. Starting to feel (guilty) like it's just you & I picking on Junior here. Hopefully another imbecile comes to the rescue soon.
     
    #33     Nov 3, 2015
  4. WeToddDid2

    WeToddDid2

    Hey,

    Should I inform the guy who made millions that some guy named MarketSurfer that is somewhat capable of typing the English language on a computer to write a book stated that TA doesn't work and to stop trading immediately?

    Again, I agree that most people cannot use TA and trade profitably such as yourself. Just a wild guess but probably about 98% of people cannot develop a system using TA and trade profitably.
     
    #34     Nov 3, 2015
  5. So that's a success rate of 2% then? Let's see... What are the odds on a blind coin toss?

    Over-simplistic? Really? Is it? Think McFly, think!!!

    On a bright note, there are loads of vendors here that would love to have a chat w/ you.
     
    #35     Nov 3, 2015
  6. WeToddDid2

    WeToddDid2

    I am just sick of you guys and your overinflated egos. You both cannot fathom that someone else is capable of doing something that you both are clearly not capable of doing.
     
    #36     Nov 3, 2015
  7. Let me explain it:
    WTF means: why trade fundamentals?
    TA means: trade awesome!

    Any other question?
     
    #37     Nov 3, 2015
    Indoril and VPhantom like this.
  8. \
    I don't doubt your friend made millions in the market-- lots of people have

    I would raise that number to 99%-- just take a look at collective2-- if you need proof.

    In fact, some people may be able to do it-- but I have never seen it, and all the evidence I have seen makes these folks rarer than lottery winners. In other words, history proves its not a smart avenue to pursue for the wide majority of traders.

    peace, surf
     
    #38     Nov 3, 2015
    Vindago likes this.
  9. yeah it's the jealousy, it's got a hold of me somethin' fierce
     
    #39     Nov 3, 2015
  10. WeToddDid2

    WeToddDid2

    Wow! Please try to keep up. That is exactly my point regarding the SAT.

    That is not a fact. It is apparently a fact for you because you can't do it.
     
    Last edited: Nov 3, 2015
    #40     Nov 3, 2015