Technical Analysis Doesn't Work

Discussion in 'Technical Analysis' started by rcanfiel, Jul 16, 2007.

Thread Status:
Not open for further replies.
  1. The literal meaning of esoteric is hidden.. your questions don't qualify

    [​IMG]

    OMG is that Willy Nelson being strangled by a tux?
     
    #841     Aug 29, 2007


  2. :D

    good point.


    surf:) :D :p
     
    #842     Aug 29, 2007
  3.  
    #843     Aug 29, 2007
  4.  
    #844     Aug 29, 2007
  5. nitro

    nitro

    Emily Dickinson was obsessed with death and probably had bouts of depression. I like her poetry, but I don't share her affliction(s).

    nitro
     
    #845     Aug 29, 2007
  6. Well so would you if you had to read her poetry all the time like she did

    [​IMG]

    Jack Hershey sporting a pony tail at age 70.. inform your local congressional representative
     
    #846     Aug 29, 2007

  7. yes, i am aware. good to know.

    best wishes,

    surf
     
    #847     Aug 29, 2007
  8. even the name Technical--- reeks of sleight of hand. although it is proper use by a stretch, it conjures up a hard science in most people's minds.

    surf
     
    #848     Aug 29, 2007
  9. Vienna

    Vienna

    1. Definitely unfunny writing, sorry.
    2.And no trading value either that I can see: I challenged you is because you started this thread with his asinine premise, while not showing any credibility yourself.

    Let me explain: Anybody who does really not know that there are SOME traders out there making money with Technical Analysis needs their heads examined. PERIOD. And please- forget about Jack Hershey or Proflogic or Spyder.

    Did you ever hear about Marty Schwartz? Probably not. I know a guy who sat next to him for over a year (relative by marriage). Marty made between 5 and 15 Mil a year, for perhaps the last 20 years. Marty uses his own combination of 5 different indicators, charted them every 6 minutes, and when everything lines up, entered with 150 or 200 ES. You want to tell Marty that TA does not work? How much do you make per year?
    There are a few others I could mention.

    I just can not believe that anybody who has studied the markets even cursory has never heard of succesful traders with TA.
    So: you must be either astonishingly ignorant (in which case you prove my point that you have nothing to impart) or you have some other motivation, no idea what.

    No difference: this has taken too much of my time already,,, and I don't need to convince you, and I don't want you in my trading universe...you stay just where you are .... and invisible to me, from now on. :)
     
    #849     Aug 29, 2007

  10. ofcourse there are some.

    they are black swans, the survivors, the exceptions to the rule.

    JP getty had an astrologer on staff named evangeline adams and stated millionaires dont use astro, billionaires do. what does this prove???

    i have no clue what marty's hit ratio was based on his indicators---no doubt a gifted trader, but thats all one can deduce. does he have other information flows among a myraid of other questions that couldn't be answered by simply sitting next to him for how ever long.

    i'm surprised that you place so much credence in anecdotal evidence, yet ignore the objective facts cause they conflict with your world view. your a bright person, im baffled with your defense of the indefensable--particullarly when it comes to TA vendors, among those who have claimed perfect track records.

    surf
     
    #850     Aug 29, 2007
Thread Status:
Not open for further replies.