Technical analysis :useless junk science

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

  1. It pays to stay on the subject too. What is the relevance of perpetual motion when we speak about technical analysis? Maybe that we could then have free energy for the PC we use to practice TA? Or maybe I missed that course when I learned about TA.
     
    #601     Jan 10, 2015
  2. kut2k2

    kut2k2

    Are you on drugs or are you just another dumbshit like ExperiencedJoe? YOU bring up a list of things 200 years ago that don't have a damned thing to do with TA now you want to lambast me for mentioning something that has nothing to do with TA?

    Goodbye, idiot troll. Welcome to my ignore list.
     
    #602     Jan 10, 2015
  3. The only relevance of the examples was to show that over time things that were not possible, became possible. That was the point. Whether it was 200 years ago and what subject it was about was irrelevant. It could be something from 1, 5, 12 or 78 years ago too, or even another subject. Then you start about 200 years.... It was clear that it was too difficult for you to see what my point was. On top of that you cannot even read normally. I wrote:"CANNOT" is time bound and temporary. What cannot now, can maybe in a short time, and what can now maybe cannot anymore in a short time."

    I clearly wrote 2 times "MAYBE". For normal people "MAYBE" means something conditional. Then you started about the fact that it should be CONDITIONAL, clearly not knowing that MAYBE involves a condition. "MAYBE" means not sure, so there are conditions to be fulfilled to change it in SURE.

    I am emotionally shocked that you put me on your ignore list and hope I will survive it. LOL.
     
    #603     Jan 10, 2015
  4. dartmus

    dartmus

    I am pleased you've moved toward intelligent discussion. Others might not know this but not long ago, imo you were squandering time on nonsense, which wouldn't be so bad if it wasn't such a waste of the gifts of independent thought you demonstrate when you get away from that crowd that doesn't at least imo have any interest in thinking.

    But the reason I am writing you this is to ask you to show a little tolerance, toward others. Also, because I have applied perpetual motion, or at least been thinking about it, while applying TA. No, I have not solved it and it's not something likely to happen in my lifetime either, but from a laws of physics pov it's an extremely interesting concept, when subverted toward analysis of price action. And other than occasional intellectual distractions, I otherwise don't very often delve into things that are not directly related to TA. But as often happens, when I do, I find new ways to look at and analyze price action.

    So at least from my pov, it was beneficial that we got off topic onto the subject of perpetual motion. I'm not complaining, I'm just asking nicely, and not just of you, but of everyone, to show a little tolerance.
     
    #604     Jan 12, 2015
  5. At it most simple technical analysis is as follows,

    Would you want to buy a house when its psf price been breaking record highs and volume
    has dropped sharply ?
     
    #605     Jan 12, 2015
    dartmus likes this.
  6. I will do my best and will run around the block before reacting on postings. :)
     
    #606     Jan 12, 2015
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  7. So most people who buy a house use TA without even realizing it.
    It is indeed a very good example. Simple, logical, easy to understand so difficult to refute.

    But when I see what happened in housing markets the past few years, there were a lot of bad TA analists.
     
    #607     Jan 12, 2015
  8. TA doesn't guarantee success, it merely increases your chances of it.

    housingprice2.jpg
     
    #608     Jan 12, 2015
    dartmus likes this.
  9. TA is like any technique, you should master it before you can use it to your benefit. For me TA is better then random trading. I lose less money. :D
     
    #609     Jan 12, 2015
  10. Didn't made much today, cuz trading 1/4 of my regular size. but still made money ;) todaysblotter2.jpg
     
    #610     Jan 12, 2015
    dartmus likes this.