The best traders in ET

Discussion in 'Trading' started by GloriaBrown, Aug 9, 2013.

  1. Newborn baby zapping your energy?

     
    #401     Aug 17, 2013
  2. He trades volatility. Volatility is a derivative of price. If he accepts that price is part of TA, he has to accept that he uses TA.

    His sense of self-worth is tied to the label quant.

    Ergo, the problem here.
     
    #402     Aug 17, 2013
  3. It's just so odd how some people have such a negative connotation when it comes to TA that they will do whatever they can to try and justify that their methods do not incorporate TA, even though they are using past price. It's baffling, yet provides some insight into the human psyche.



     
    #403     Aug 17, 2013
  4. I can't resist, this is just so naive.

    Might as well say--

    He studies the planets, the planets are part of astrology, therefore he must call himself an astrologer.

    Game-set- match.
     
    #404     Aug 17, 2013
  5. It's simple logic, if TA involves using past price to make trading decisions and if ones method involves using past price to make trading decisions, then ones method involves TA.

     
    #405     Aug 17, 2013

  6. "All [non market-making] trading is buying low and selling high."

    I agree with that sentence, there is too much polarity in these debates making them fruitless discussions, an open mind is an amazing thing. :)
     
    #406     Aug 17, 2013
  7. #407     Aug 17, 2013
  8. You must be pretty thick if you do not appreciate the difference between reasoning and ignorance.

    Better pray your daughter has her mother's intelligence.
     
    #408     Aug 17, 2013
  9. Actually, there is no objective value of a company other than the market price. Fundamental analysts want to make others believe differently.

    The value of a company is determined by assumptions about its future and these assumptions are VERY subjective! You can see that also in the wide range of price targets of analysts for the same company.

    In the end, the only reliable "value" of a company is the one the market determines. It's also the only relevant one.

    Even value investors - in order to make a profit - rely on other investors acknowledging the "higher value" of the resp. asset AND be willing to pay more for it compared to the earlier investors in order for the price to increase. Hence, they are also dependent on the effects of supply and demand which ultimately moves price.

    I've worked professionally as a fundamental analyst, but realized this soon. That's why I'm a TA believer now (wide definition of TA here).

    EDIT: corrected first sentence to avoid misunderstanding.
     
    #409     Aug 17, 2013
  10. For me, only insiders know how to really use the right data to do the correct fundamental analyst, no matter government insider or big corp insider.

    TA, only believe the possible objectively tested kind, and after you really backtest it.
     
    #410     Aug 17, 2013