All 15 years happened to be in the 21st century and I am actually intensively working with AI frameworks. What is modern TA again? Terms like "fib retracements" and "consolidation" don't work anymore for the crowd so nowadays modern TA is snake sold?
Career as FX technical analyst/chartist
- Thread starter faatshit
- Start date
It is quite obvious your 15 years of experience are not representative of how things work today! Good luck by the way, even if it is the wrong one.
CM
CM
He must be MarketSurfer's cousin or something!
or just another one of the multitude of aliases. Albeit in this case, the writing profile does not fit as is does with Southampton.
Just when we thought the TA debates were finished, they get resurrected by allowing that troll back on the forum... Sad really...
I too sort of felt that !
Marketsurfer is coming back over and over again. He never disappeared. He apparently has a businessdeal with Baron allowing this continuous reappearance under new aliases.
There are only two thing you can do:
Humans have to feed the AI, if not nothing happens. I also believe that AI goes way beyond your level of intelligence.
There are only two thing you can do:
- block completely every alias that starts to attack TA. 99% of them can be reduced to 1 person: David Goodboy.
- leave ET.
Did you never realize that TA can be a form of AI? With the only diference that a human is trying to find relations with help of computers, whereas AI uses computerpower, but needs human interaction too.
Humans have to feed the AI, if not nothing happens. I also believe that AI goes way beyond your level of intelligence.
Technical anylysis is great , price action is great , you can all make money like me , past performance will repeat every set up as profitable .
Technical anylysts can find repeatable t/a pattens , that are profitable and keep repeating them profitably over years.
After all vendors /sponsors pay for this site's costs , so hopefully , a few suckers will read and start trading t/a , giving the sponsors huge commisions.
The price action courses of all brooks will start selling and trend trading education will sell for $3,000 a seminar.
Lets give the vendors a payback and start positive threads.
Let us start throwing bricks at the Surfs of this world and let the trading gold rush begin .
The people who set up the university may not be scammers or failed traders , not even forum suck ups who use the word professors , maybe the site is not run by forum fakes.These professors are real.
Technical anylysts can find repeatable t/a pattens , that are profitable and keep repeating them profitably over years.
After all vendors /sponsors pay for this site's costs , so hopefully , a few suckers will read and start trading t/a , giving the sponsors huge commisions.
The price action courses of all brooks will start selling and trend trading education will sell for $3,000 a seminar.
Lets give the vendors a payback and start positive threads.
Let us start throwing bricks at the Surfs of this world and let the trading gold rush begin .
The people who set up the university may not be scammers or failed traders , not even forum suck ups who use the word professors , maybe the site is not run by forum fakes.These professors are real.
Last edited:
Much gratitude for all the feedback guys..both negative and positive and I believe both gives us things to think about.
Nevertheless, fundamental/technical/throwing darts at a board/chart..whatever it takes to make money and if you can then great!
For me I strongly believe in TA first and if the fundamentals do agree with my bias then great but if not then it doesn't matter. Had my fair share of skepticism on TA but this book 'Mind Over Markets' by James Dalton pretty much cleared it for me whether technical analysis works.
And whether whoever thinks TA/fundamentals/throwing darts is profitable or not..
'Whether you think you can or can't, you're both right' - Henry Ford (Not trying to be all wise here but this doesn't apply to just trading but in any aspect of life I feel)
Hope this closes the debate for this thread regarding TA works or not because that is not much of the point of this thread and rather if there was a career in being a chartist/technical analyst.
Many thanks to all of you for the invaluable advice. I am certain I would not have been able to answer the questions I had without your help.
Good trading and have a merry christmas guys!
Cheers!
Nevertheless, fundamental/technical/throwing darts at a board/chart..whatever it takes to make money and if you can then great!
For me I strongly believe in TA first and if the fundamentals do agree with my bias then great but if not then it doesn't matter. Had my fair share of skepticism on TA but this book 'Mind Over Markets' by James Dalton pretty much cleared it for me whether technical analysis works.
And whether whoever thinks TA/fundamentals/throwing darts is profitable or not..
'Whether you think you can or can't, you're both right' - Henry Ford (Not trying to be all wise here but this doesn't apply to just trading but in any aspect of life I feel)
Hope this closes the debate for this thread regarding TA works or not because that is not much of the point of this thread and rather if there was a career in being a chartist/technical analyst.
Many thanks to all of you for the invaluable advice. I am certain I would not have been able to answer the questions I had without your help.
Good trading and have a merry christmas guys!
Cheers!
I think your question is misguided, and the discussion in this thread is yet another unappealing iteration of a number of such threads that preceded it. But here are a few thoughtful insights to ponder:
http://www.azquotes.com/author/49897-Ed_Seykota
Some of the musings come across as a bit new-agey, but there is wisdom to be found here.