Edward O. Thorp on charting

[MrScalper]

All fundamental information is reflected in the price/indicator/chart combo. It's up to the trader to interpret this info. Those that say that chart patterns, or indicators or TA in general don't work, has not figured out how to use them properly.

Some would say the exact opposite!

It is not until you realize that TA in general does not really mean anything, will you start to make any real progress in relation to consistent profits.

How to use them properly..which ones exactly, as they are as many as midgets in the summer skies

Do you actually realize that such a statement shows to some exactly what you know, or to be more precise, what you do not know!

 

[recession2016]

i can see two types of people trade without charts: really naive stupid people and hardcore pros that mastered trading over the course of many years

most people probably fall into the first category

 

[marketsurfer]

i can see two types of people trade without charts: really naive stupid people and hardcore pros that mastered trading over the course of many years

most people probably fall into the first category

Do you even know any succesful verified traders? Or do u just believe whatever u read?

 

[volpri]

And now that you've seen the light, you can pick 1 out of eight like clock work.

ROFLMAO..ROFLMAO..ROFLMAO nothing left to laugh off or wipe off. That is so funny.

 

[digitalnomad]

I can see two types of people trade without charts: really naive stupid people and hardcore pros that mastered trading over the course of many years

Great point actually. Although a net loser when I used charts, I couldn't have structured my approach without them. I needed that spatial view.

 

[volpri]

And now that you've seen the light, you can pick 1 out of eight like clock work.

Speedo could you please calculate his win rate? Thanks! ROFL

 

[eganon69]

Poor guy, so misunderstood....

Seriously, what are you compensating for?

I am sure it's his small very small number of winning trades and ever so shrinking account size

 

[themickey]

I am sure it's his small very small number of winning trades and ever so shrinking account size

Margin call on a sim account LOL

 

[volpri]

View attachment 172126 View attachment 172127

Surf does she still like horses? Have horses?

 

[recession2016]

Do you even know any succesful verified traders? Or do u just believe whatever u read?