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That I believe! But that is not TA at all! That is” a know-how"; and I am glad and thankful that you have shared this story!

Proof of nothing, of course. It does not prove anything at all. As I said, no track record could be used to prove or disprove anything. I was asked to post, so I did. I do OK, but it does not mean I will be doing well down the road. It was my original point! All I can say that my model logically...

The May records are not audited yet. And my "edge" returns proportionally to the volatility levels. And, no, I would not say it is diminishing. The vol has died, so are the numbers. But it will pass, I am sure.

And you call it TA? I call it experience, intuition, anticipation, skill etc. Because if it was TA, then you would have the ways to explain it and teach it to just about anybody. After all, it is the very purpose of TA - formalization. But, you know that you cannot! And I bet you have tried, but...

Thank you, I have read the book, of course. If you are interested in these kinds of books I have the whole list for you. Just say the word and I will post it. :)

the graph

Ok, here are mine.

That I agree with, however, there is a subtle difference. TA is an attempt to formalize the sense of that Fear and Greed sense through the illusion of “consistent patterns”. This reduction is simply not possible as the complexity of your market perception is by far greater than the limited...

With all due respect and my deepest appreciation for your experience you should understand more than anyone here that any type of past performance cannot be and should not be used to prove or disprove any method, model or any other particular way of trading. If you happened to be lucky to win 99...

Yes. What you are missing is that back testing is just one of many methods of verifying your models and not the best one at that. The best way to test is to create the argument why everything other than what you anticipate must have less probabilities of happening. And that is the real art. This...

There is absolutely no back testing in what I do; it is completely useless as it cannot possibly provide enough of statistical significance to anything you create. There are many fields of science and technology that cannot even think of having the “back testing” results. Anything that...

Yeah, unfortunately it is a very common misunderstanding. The positive feedback based, self-extracting behavioral patterns are definitely not a TA subject. It is the subject discussed in the Quantum Decision Making Theory and other Behavioral, Mathematical and Perception Psychology books...

No. My fund has a completely different name and it is not "tracked" by anybody. It is extremely private.

Mathematical Psychology. And it is not based on "the analysis of past market data". It is based on my thorough research of randomness and psychological reaction of humans to randomly generated patterns. The bulk of my work is tedious separation of “illusions” from stable and embedded...

Absolutely not. I am not arguing that people who use TA make money. I am arguing that people who make money mistakenly believe that they make money because of TA. If you happen to be on a winning streak of a coin tossing game it makes no difference to the probabilities of the game itself. It...

The reason I am posting those comments is not because I gain anything from that. It simply bothers me when people believe in bullshit and refuse to open their eyes and, therefore, infect others with their dogmas. It is much easier to learn a few TA “tricks” and consider yourself a...

http://theinkblot.com/ here is your TA test :cool:

Creating significance out of randomness is a phenomenon known as pareidolia. It’s the basis for the Rorschach inkblot test, which tries to gain insight into a person’s mental state by asking them what they see, when all they’re really looking at are, obviously, nothing but a bunch of ink...

"Technical Analysis was very helpful in the negative way. I didn’t believe it. The book [on Technical Analysis] convinced me that technical analysis was a road not to go down. In that sense, it saved me a lot of time.” Ed Thorp, (the greaters trader of all time)

ALL OF THEM! STARTING NOW!