Why does TA not work (for you)?

Discussion in 'Technical Analysis' started by Xspurt, Aug 4, 2012.

  1. so now the new ET buzz word is "price drivers"?


    the same old people still trying to find the "TRUTH" after years and years and years and years and years of failure.


    You guys are hilarious
     
    #1151     Aug 14, 2012
  2. d08

    d08

    Programmed yes, automated no (as I've already told you once). I take every signal, whatever the market - don't worry about that.
     
    #1152     Aug 14, 2012
  3. TA is based on a proven flawed premise. No amount of crafting can reverse this fact proven again and again both academically, in real life, and by simple common sense.

    have you listened, yet?

    [​IMG]
     
    #1153     Aug 14, 2012
  4. BSAM

    BSAM

    You're a blast, Surf!
    You definitely are the life of the party!!!
     
    #1154     Aug 14, 2012
  5. have you compared random signals with your system signals?

    This is critical-- Please post the results of these comparison tests.

    thank you, surf
     
    #1155     Aug 14, 2012
  6. :D

    thanks!
     
    #1156     Aug 14, 2012
  7. d08

    d08

    Why ask amateur questions. You can't achieve a Sharpe higher than 2 and no losing years with random signals. If you consider "working" to be just better than random then you've set the bar too low.

    All the results are in the P/L thread. I won't spend time re-posting stuff if you're too lazy to make 5 mouse clicks.
     
    #1157     Aug 14, 2012
  8. traderchi128

    traderchi128 Guest

    Logic man, save your breath. Surf is delusional. He's the type of trader on a desk who could get clobbered routinely, but yet tells other guys on the desk who are all profitable what they are doing is wrong.

    He's a very stubborn guy. Look at some of his trades from Surf journal I. Would take enormous hits on losing trades. One of those guys who would never admit when wrong.
     
    #1158     Aug 14, 2012
  9. My favorite is admitting when your wrong
     
    #1159     Aug 14, 2012
  10. Fah Q

    Fah Q


    "This is very subtle--- Price Drivers never fail for the reason you list.

    However, the calculations of them can fail, the way we weight them in the formula may fail. There are a dozen plus inputs, they all contribute to the way price moves, its the refining of these inputs that's not always accurate."

    but your price drivers is technical analysis. technical analysis is a methodology that makes buy and sell decisions using market statistics.

    http://www.investinganswers.com/financial-dictionary/technical-analysis/technical-analysis-1108

    thats what you are doing surf, you are using market statistics.
     
    #1160     Aug 14, 2012