Why I Don't Believe in TA

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

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  1. cornix

    cornix

    Here we are almost into the topic of Maestro's thread again. :)

    Is intuitive equal to "mystical"? Not at all for me. Intuition itself is the objective information, processed by the brain, which just hasn't reached the conscious level yet. To ignore it is to ignore the overwhelming amount of total "processing power" humans possess.

    It must be researched and developed, there's a bright future for this area I believe.
     
    #341     Feb 26, 2013
  2. cornix

    cornix

    Yes, Maestro's thread of course. Not this one, lol.
     
    #342     Feb 26, 2013
  3. kut2k2

    kut2k2

    Why should anyone ever take you seriously when you dismiss Andrew Lo's excellent academic validation of TA as "flawed" with no evidence of your own?
     
    #343     Feb 26, 2013
  4. Do you even know what Lo's study says and discovered? I have met Dr.Lo, he's a great guy--I watched his son who was around 8 at the time beat another chess player far older than he at Niederhoffers house awhile ago. For you and everyone else who.hasnt a clue, here's a decent non academic opinion on the flaws of his paper that the ta brigade use as gospel -- very sad misinterpretation.

    http://www.advisorperspectives.com/...n_Andrew_Lo_Legitimize_Technical_Analysis.pdf

    Surf
     
    #344     Feb 26, 2013
  5. Once again, purely anecdotal evidence.
     
    #345     Feb 26, 2013
  6. Lucrum

    Lucrum

    You're constantly demanding others "prove" TA, so why not?
     
    #346     Feb 26, 2013
  7. Lucrum

    Lucrum

    Couldn't one say the same thing about your calls/journal?
     
    #347     Feb 26, 2013
  8. This thread is "why I don't believe in TA". Not TA prove yourself.

    I could really care less what you believe. Why most people lose and blame themselves rather than fatally flawed methods. All I can do is share what I learned over time. What you do with it is up to you.
     
    #348     Feb 26, 2013
  9. Yes
     
    #349     Feb 26, 2013
  10. Lucrum

    Lucrum

    [​IMG]
     
    #350     Feb 26, 2013
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