What's your definition of TA?

Discussion in 'Technical Analysis' started by learner2007, Oct 28, 2015.

  1. I can't believe how mean your post is. Are you like this with everyone that you don't agree with or just with anonymous people on the Internet? How would you feel if someone you loved was spoken to like that?

    It's no secret I'm new to the world of trading, that does not mean I'm stupid, it just means I have got a lot to learn.

    :(
     
    #21     Oct 28, 2015
    kut2k2 likes this.
  2. kut2k2

    kut2k2

    Besides you didn't make a comment, you asked a question. And it wasn't a stupid question.
     
    #22     Oct 28, 2015
  3. Autodidact

    Autodidact

    I think he is having a bad day, don"t recall him being part of the all-time asshole list.
     
    #23     Oct 28, 2015
    NoBias likes this.
  4. Sorry you took offense. Your statement was contradictory within itself. Tell me you're a relative of Yogi Berra, and that will explain everything.

    I apologize for my harsh words. I should have asked if you noticed the contradiction.
     
    Last edited: Oct 28, 2015
    #24     Oct 28, 2015
  5. zbestoch

    zbestoch

    You might want to look at his post again. It was a question (not a statement) and it was meant to probe the contradiction you point out. He simply asked this: "IF ta is useless for predicting future price moves, [THEN] why do so many advocate it?"

    Don't sweat it.

    Up the Irons!
     
    #25     Oct 28, 2015
  6. dartmus

    dartmus

    Agree with everything except where you say urf always wins
     
    #26     Oct 28, 2015
  7. kut2k2

    kut2k2

    His last sentence was sarcasm. Or perhaps more appropriately, scorn. Surf always tries to have it both ways, so long as he comes out ahead. Not logical, not mature and not persuasive, but that's our surf.
     
    Last edited: Oct 29, 2015
    #27     Oct 29, 2015
    d08 and dartmus like this.
  8. It was me and I define it as I defined it in that thread you referenced:

    Technical Analysis is about deriving prediction and current state of price levels purely from past prices and possibly volume as well or a combination thereof. This contrasts with any other kind of "Quantitative Analysis" does not put such constraint on its definition and may also derive inputs from fundamental factors or economic statistical releases or news.

     
    #28     Oct 29, 2015
  9. PABuster

    PABuster

    I use past price action to predict where someone can get hurt the most & react if that happens. Note that nothing works 100%
     
    #29     Oct 29, 2015
    fortydraws, Autodidact and zbestoch like this.
  10. zbestoch

    zbestoch

    Good post.
     
    #30     Oct 29, 2015