Cornix's TA Performance

Quote from marketsurfer:

What are the results so far for TA? My calculations still show negative. Am I including everything? surf
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Correct, slightly negative since start of the journal so far.
 
Really? because the last two days have been pretty good for my TA trading (today especially).

Quote from cornix:

Yea, it moves but extremely poor for setups this month so far.
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Quote from Ned Stark:

Really? because the last two days have been pretty good for my TA trading (today especially).
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Guess our signals are slightly different. :)
 
This is a great lesson happening live here. Show a chart to 3 technical analysts and get 4 opinions on its meaning ---- TA at its best is subjective , at its worst dangerous portfolio witchcraft. surf
 
My TA results so far this week, although, I still have crippling doubts about how much of it is down to luck too, if i'm honest.
Early days for this method, too.
We'll see how I get on....
 

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Quote from cornix:

Correct, slightly negative since start of the journal so far.
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Not to be a Debbie Downer, but it has been almost 2 months, and it is breakeven/down performance. Not exactly what one wanted to see.... After 7 weeks we should have seen some kind of consistency....

I guess it is consistently breakeven...
 
Quote from Pekelo:

Not to be a Debbie Downer, but it has been almost 2 months, and it is breakeven/down performance. Not exactly what one wanted to see.... After 7 weeks we should have seen some kind of consistency....

I guess it is consistently breakeven...
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All it take is one get lucky month to post a great year. The longer he keeps trying, as long as there's no big losses, luck will enter the game allowing for a nicely positive year.

surf
 
I'd say it's better to be breakeven all year and have a lucky month or two to produce a great year, then to have a system you are overly confident in blow up right in your face.

Quote from marketsurfer:

All it take is one get lucky month to post a great year. The longer he keeps trying, as long as there's no big losses, luck will enter the game allowing for a nicely positive year.

surf
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Quote from marketsurfer:

All it take is one get lucky month to post a great year.
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Maybe so, but that is not the point of this journal. This journal is supposed to prove that TA works, so it should have a consistent (even if small) profitable outcome.

So far it has been proving that the TA Cornix is using is a coinflipp at best...
 
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