Why I Don't Believe in TA

Discussion in 'Technical Analysis' started by marketsurfer, Feb 9, 2013.

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  1. It's typical of noobs to have a few good trades and declare their system is perfect. It's still early in the year, anything can happen.

     
    #151     Feb 10, 2013
  2. No question. The difference between a trade and an investment is a trade has a defined exit win or lose, whereas an investment has no exit plan. It has nothing to do with time in the position.

    Make sense?

    surf
     
    #152     Feb 10, 2013
  3. Yes, you are correct. Its simple so far so good--- little bit of hyperbole on my side, as I am excited about the potential of the system. surf
     
    #153     Feb 10, 2013
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    #154     Feb 10, 2013
  5. I should apologize, I didn't mean to say you are a noob, only that the system is a noob.

     
    #155     Feb 10, 2013
  6. No problem, I understand what you meant and agree with you. Definitely early on the hyperbole! surf:)
     
    #156     Feb 10, 2013

  7. Not gonna hold my breath.
     
    #157     Feb 10, 2013
  8. I have no clue. Never heard of her. But I did find this info:

    The fund did well at first, back in the day, but struggled lately. Data seems to end around April, 2012

    [​IMG]

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    #158     Feb 10, 2013
  9. Do you see patterns in random walks?

    :D
     
    #159     Feb 10, 2013
  10. That's a lot of confidence for only 5 weeks of sample data.

    We shall review your live calls 11 months from now, see if the enthusiasm remains at such high levels for the rest of 2013.
     
    #160     Feb 10, 2013
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