Technical analysis :useless junk science

Discussion in 'Technical Analysis' started by oilfxpro, Sep 1, 2012.

  1. Another hind sight trade after the event , but I actually traded it without technical analysis and charts.I had some sell stops I closed and went long on live with bare buttocks if it went wrong.

    Until you can demonstrate live accounts , you would not know how to trade it.......as emotions are involved in taking risk.

    If you traded it using charts , that would have been the worst thing a trader can do , but you would not know why........because you only trade after the event.
     
    #211     Sep 12, 2012
  2. Of course Master. I confess - you know everything and show nothing because you are the Guru, all wise and all seeing.

    :D :D :D :D :D
     
    #212     Sep 12, 2012
  3. Good for you!! Many ways to trade. Successful TA is just but one.

     
    #213     Sep 12, 2012
  4. cornix

    cornix

    You seem to underestimate cumulative effect of retail investors... Just 100,000 people buying 100 shares of AAPL each, because news show huge lines in stores, waiting for new iPhone/iPad/iCrap be released is over $6B worth of stock. Surely has effect on the market.

    Situation can be even more dramatic, when people are driven by panic, cause fear is stronger emotion than greed.
     
    #214     Sep 12, 2012
  5. cornix

    cornix

    Exactly... If TA pattern has decent statistical probability that market continues in a given direction from the point of entry/confirmation, who cares if you are "late"... "Late" is relative term, you are never late as long as you don't buy exact top or sell exact bottom. :)
     
    #215     Sep 12, 2012
  6. cornix

    cornix

    As simple as 123, hehe.... :D
     
    #216     Sep 12, 2012
  7. cornix

    cornix

    I posted at least a few consecutive weeks of trades with proof that those trades were executed on live account for quite a long time (took a break a few weeks ago for family reasons and since yesterday, because I'm starting new project and need to re-group my funds etc.).

    Don't recall you showing even remotely the same, which would be nice thing to do before accusing others in not doing so. :)
     
    #217     Sep 12, 2012
  8. They ere not trades called in advance , and they were selective winning trades , after the event.

    The accomplices are behaving likes a whore whose drawers come off faster , but in this case the poster changes his story quicker than the whore and in hindsight trading.In one thread he is advising opposite to catching a falling knife , but here the poster is claiming to catching a falling knife.At least sluts do not lie , they do it for cash , but here they do it like clowns giving away dumb clues.
     
    #218     Sep 13, 2012
  9. cornix

    cornix

    They are real trades confirmed by third party company (Myfxbook), which also confirmed they were taken on live account. So no "after the fact" argument valid here.

    Also I post calls at Zulutrade and you know it, I will even accept you as follower so that you may finally get some profit from trading instead of your vain desperate tries to find a holy grail . :D
     
    #219     Sep 13, 2012
  10. Everyday I come to forums looking to learn something new , and a prick turns up , so I listen to a prick everyday ,He claims to make money trading but needs noob to pay for his sandwiches.His strategy does not work most of the time.Then he claims to trade and I show him HE WOULD BE A FAILURE AT TRADING , if he traded it.So I have to show him failure of t a.
     
    #220     Sep 13, 2012