Why I Don't Believe in TA

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

Thread Status:
Not open for further replies.
  1. MAESTRO

    MAESTRO

    In almost 9 years of me being on ET I have never pitched anything except the knowledge, education and discussions. If they do not restore the thread I am not coming back.

    Cheers,
    MAESTRO

    P.S. Thank you for your support
     
    #271     Feb 25, 2013
  2. ammo

    ammo

    #272     Feb 25, 2013
  3. ammo

    ammo

    surf,you constantly dis TA,yet offer nothing in it's place,we get it it you don't like TA,so don't use it,enough already,trading without charts is like driving blind
     
    #273     Feb 25, 2013
  4. I have been demonstrating the Price Drivers since Jan 1-- that is an alternative to TA. I just hate to see traders on the wrong road, always wondering why they keep losing, but just keep thinking &doing the same thing over and over again. Just trying to wake people up so that they turn around and get on the right road to success. surf
     
    #274     Feb 25, 2013
  5. ammo

    ammo

    can you give us a quick definition of your price drivers,admit i have heard you mention them but haven't a clue what you mean
     
    #275     Feb 25, 2013
  6. Its the reasons price moves rather than price itself--- price is the effect not the cause, TA studies the effect-- this makes no sense when you can study the cause of price movement--- fundamental factors, the book, money flows, new, etc are all price drivers. The Price Driver system quantifies these factors and then assigns a bullish or bearish bias to the market prior to the price moving. It predicts unlike TA that reacts after the fact. Hope this makes sense. surf
     
    #276     Feb 25, 2013
  7. kut2k2

    kut2k2

    We're going to hold you to your own standard, surf. We need to see at least 1000 trades based on your price drivers before we can make a judgment.

    So how's progress going on your 1000 trades? How many trades so far?
     
    #277     Feb 25, 2013
  8. Its been backtested over 5 years and 1000's of trades. I really don't need your approval or judgement--- read surf's special situation journal to see it work in real time before the fact or don't-- while I am still able to post--- just trying to help. surf
     
    #278     Feb 25, 2013
  9. kut2k2

    kut2k2

    You DEMAND proof of TA from others saying you'll accept nothing less than 1000 trades of profitability before you'll accept the TA but now we're just supposed to take your word that PD works with no similar performance stats? Wow.
     
    #279     Feb 25, 2013
  10. I can only explain to you what I have learned over the last 20 years trading. I really don't care if you believe me, follow me, or hate me. Big deal. PD is demonstrated in real time before the fact on my journal, I will continue to do so until I am unable to-- read it and learn or don't. thanks, surf
     
    #280     Feb 25, 2013
Thread Status:
Not open for further replies.