Why does TA not work (for you)?

Hi tobbe,

because you asked politely and respectfully I will comply with your request.

Good luck and enjoy debating wether TA works or not.

Hi Jack,

please note that I will post questions, logs, etc. here: http://www.elitetrader.com/vb/showthread.php?threadid=247813

 

all you have to do is look at the how fucked up humans are from the brightest money managers (bernanke,paulson...)to the dumbest,(madoffs cuxtomers..)state the worlds in, number of wars going on at any given time,and you can see how greed is a driving force,it's not complicated because human behaviour is a revert to the mean phenomena and its all there on the chart,you have to stand back and look at the big picture then narrow it down

 

big pic shows the 2 bubbles and the 3rd one we are in when humans decided(drunk on greed) they were smarter than themselves,it will all revert to the mean

 

Hey folks, good news!!

The thread has reached its conclusion through events on another similar thread:

http://www.elitetrader.com/vb/showthread.php?s=&postid=3603365#post3603365

THE TA DIE HARD ADMITS TA CAN NOT BE TESTED.

If TA cant be tested, how can one claim it to work?

Duuuh!

THREAD FINISHED



I WIN, YOU LOT LOSE!!!!


THREAD CLOSED

It was fun. Thank you.

 

Wow, I am surprised and bewildered at the admission by one of elite's high priests of TA. High Priestess NoDoji admits that intuition and skill are key to TA success, Nihabi says TA doesn't work without money management and other talents, now Rasholiski admits it cant be tested.

Sounds like even the hard core admit the reality of TA. unreal! But i am impressed with the honesty.

surf

 

maybe it will rub off on you,hate to see all your hard work go to waste

 

Huh? I work hard at finding edge and exposing market myths-- nothing has gone to waste.

surf

 

Wrong with the very first sentence. TA doesn't show that activity, price and volume charts show that activity. The purpose of TA is to derive trading signals from price activity and/or volume activity.

You don't understand TA yet you think you can judge all of it. Sad.

 

Whats sad is your apparent inability to count from 1 to 2.

My first sentence that you quoted was in fact 'Lets start where we all agree' or similar. The following sentence was my second sentence, not my first.

That is what is sad. No wonder you rely on charts so much, as numbers seem to confuse you! LOL