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"Here is a great example of fuzzy thinking... That does not actually address the worth of TA... But the writer believes he has in fact made some kind of viable point." look, i know TA works (N=1) because i make consistent profit (and a living) by daytrading index futures. and i use TA...

marketsurfer, TA works because it is ultimately a result of human psychology price reflects opinion the market is made up of people. peopkle have opinions. those opinions are reflected in price greed, fear, euphoria, panic, etc. affect opinion, which affects price. this is reflected...

trading is NOT a zero sum game. because the trading INSTRUMENTS (assuming you don;'t limit yerself to futures/options) are not zero sum futures and options are zero sum equities are not ( i say this as somebody who does 90% of his volume in futures)

"Anti TA folks make the case that everything they need to see , can be seen with price" if they are using PRICE, (unless they are using it to compare to earnings, etc) they are wait for it... USING TA why is that so hard to understand? RSI is a derivative of price. it is TA...

charts are just a tool. all they do is graph time vs. price (and with or without volume) you certainly do not NEED charts to trade, or to invest. some use em. some don;t

futures cannot be anything but zero sum all long contracts + all short contracts = 0 the equity markets, on the other hand, are NOT zero sum go back to elementary school. try arithmetic

"For the past 6 weeks I've been day trading ES and have used nothing but price, volume, Market Profile, and Time & Sales on the ES. I do watch TICK, TRIN and ADD to keep an eye on the overall market. To me, price action says it all...everything else is simply a derviative of price/volume/time...

lol. my name is whitster .... .... <courage mode> i USE TA

i have seen it written many times that TAnalysts believe that all news is priced into a stock therefore Fundamental analysis offers no benefit. the chart tells ALL. this is... wait for it... absurd. i use TA. but i don't believe everything is priced in. that's just stupid. i wonder...

yes, TA is the study of price, and more generally price/time/volume. for example, market profile analysis (which is my bread and butter for futures) is TA, but very different than conventional charts. but since it is a study of PRICE, TIME and VOLUME it's TA. P&F does not use Time, but...

the issue is one with the legislators they are the ones who passed drunk in public laws. do i think that it is absurd that it is illegal to be drunk in a bar? or in public? yes. it is illegal in many states. but not in mine. actually, in my state, it is illegal for a drunk...

who is 'they"? witnesses will make up testimony? absolutely. sometimes they lie, sometimes they say what they think people want them to say (iow, they may not even realize they are lying, but even memory is fallible when enough suggestion is imposed - see: Memento. this is also why...

i'll address this point by point... "No, I didn't make it up. I'm not an attorney, nor have I claimed to be." i wouldn't insult you by calling you an attorney dood :) " What I know is from reading and from what I've been told. However, I don't know any criminal attorneys; mostly cops...

i don't know if we are having semantic differences here, but just for clarity, by limit order i mean buying below the offer, or selling above the bid anything else is market.

just as an aside, the general background of much of what you say has merit, but there are just some egregious nonfactual errors. you need to do more research for example "Child molestation is one of the very few felony charges that doesn't require physical evidence for a conviction"...

not really. i bot it on a combo of speculation and chart dynamics, plus , as a "story" stock i find these do quite well. pretty much the same things that got me into NVAX i've culled a little from some of the online sources, but nothing that really makes me feel like i have a good grasp...

darn typos. should read "are almost all limit orders obviously" :)

yes, but you are defining "limit order" as buying on the bid (or inside) a limit order can (and often is in my case) WELL beyond either the bid (for a buy), or the ask (for a sell) iow, a limit order is (as you seem to be limiting yer discussion to) buying @ 103.51 when the bid is...

i am very bullish on the markets right now, fwiw. have been for some time moreso the Nikkei and Gold than the US equities markets, but i'm bullish on those as well what i am seeing happen is the proper Dow/Trans leaders/ what NEEDS to happen (and I see some indications it will) is...

having a "running" P&L up for any given trade is a bad idea, imo because one should be concentrating on managing the risk of the trade, not thinking about $$$. the instrument you are trading does not care (or know) where you bought it, where you plan to sell it, or how much money you have...