Why I Don't Believe in TA

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

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  1. So you are open to the fact then that she might be a legit Tech Analysis trader, with a 15 year track record?
     
    #161     Feb 10, 2013
  2. Sample data goes back 15 months--- but yeah, 5 weeks of 1005 accuracy. Yeah, check back in 11 months---
     
    #162     Feb 10, 2013
  3. Yes, but I'll believe it when I see it.
     
    #163     Feb 10, 2013
  4. What do you mean? It's a fact that she has been a floor trader since 1998 and that she is now discussing her tech analysis approaches that she uses, 15 years later now working for a hedge fund. You can't dispute those facts.
     
    #164     Feb 10, 2013
  5. She doesn't trade for any hedge fund. She is listed as a chat room moderator. surf

    PS-- I have traded since 1990, worked with three hedge funds--one as head trader, traded for an options arb firm, and my own account over 23 years--- why do you think I am not knowledgeable?
     
    #165     Feb 10, 2013
  6. She represents a hedge fund with a solid track record and she represents this via her knowledge of tech analysis. If this were a sham, she would not be allowed to represent this firm by teaching tech analysis.

    I'm sure you are knowledgeable but you are not open to new info that may contradict your beliefs.
     
    #166     Feb 10, 2013
  7. I am not aware of any hedge funds that use TA as a real time trading method. It would be near impossible to raise much capital by saying that you use TA. Maybe some do, but they are certainly quiet about it. surf
     
    #167     Feb 10, 2013
  8. I have a college friend who trades for a small HF (200 million AUM) and they employ all kinds of Tech analysis strategies. You cannot assume you know everything.
     
    #168     Feb 10, 2013
  9. What's the name of the fund? I don't assume I know everything, in fact, I don't know much-- but can only go by my experience.


    you mean the fund you know has guys sitting around looking at charts and making decisions from them?


    surf

    The original article in case anyone missed it

    http://www.marketsurfer.com/?p=169
     
    #169     Feb 10, 2013
  10. I don't know the funds name (as i do not recall Stan ever telling me the name) but do know they employ all kinds of strategies that involve past price and other market data.
     
    #170     Feb 10, 2013
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