Edward O. Thorp on charting

speedo · Mar 28, 2017

Surf were you kind enough to let Raschke know that her years of technical analysis research and trading were bogus ?

marketsurfer · Mar 28, 2017

lovethetrade said:
Surf, you know what usually happens to me in these type of situations? I end up having show the doubter how it works to prove a point, the doubter receives a million dollar education for free and I end up having all my time wasted with nothing in return.

There's an edge in past price and volume analysis but not at the bar chart level and not in isolation.

statistical arbritrage?

lovethetrade said:
Surf, you know what usually happens to me in these type of situations? I end up having show the doubter how it works to prove a point, the doubter receives a million dollar education for free and I end up having all my time wasted with nothing in return.

There's an edge in past price and volume analysis but not at the bar chart level and not in isolation.

If you can prove a replicable ,real edge with any tactic, i can introduce you to folks with more money than you can imagine.

it's win win.

surf

marketsurfer · Mar 28, 2017

speedo said:
Surf were you kind enough to let Raschke know that her years of technical analysis research and trading were bogus ?

She knows my view and we remain close.

LOL! proves my point, Some of my best friends are world class technical analysts.

And to think, im wearing that same shirt today. Fred must be psychic.

surf

Buy1Sell2 · Mar 28, 2017

lovethetrade said:
you know what usually happens to me in these type of situations? I end up having show the doubter how it works to prove a point, the doubter receives a million dollar education for free and I end up having all my time wasted with nothing in return.

This is quite correct. I have thought for a long time that the TA nay-saying is a veiled effort to obtain information on how to use TA effectively.

speedo · Mar 28, 2017

marketsurfer said:
statistical arbritrage?

If you can prove a replicable ,real edge with any tactic, i can introduce you to folks with more money than you can imagine.

it's win win.

surf

marketsurfer said:
View attachment 172128

LOL! proves my point, Some of my best friends are world class technical analysts.

And to think, im wearing that same shirt today. Fred must be psychic.

surf

lovethetrade · Mar 28, 2017

marketsurfer said:
statistical arbritrage?

If you can prove a replicable ,real edge with any tactic, i can introduce you to folks with more money than you can imagine.

it's win win.

surf

OK, lets talk later, i'm relocating at the moment so flat out with other stuff atm

marketsurfer · Mar 28, 2017

Buy1Sell2 said:
This is quite correct. I have thought for a long time that the TA nay-saying is a veiled effort to obtain information on how to use TA effectively.

The true believers never give up and have become quite adept at TA apologetics but NEVER Offer any evidence beyond hero worship, personal attacks and anecdotal. #sad

marketsurfer · Mar 28, 2017

lovethetrade said:
OK, lets talk later, i'm relocating at the moment so flat out with other stuff atm

Stay in touch and good luck with the move!

Frederick Foresight · Mar 28, 2017

marketsurfer said:
The true believers never give up and have become quite adept at TA apologetics but NEVER Offer any evidence beyond hero worship, personal attacks and anecdotal. #sad

You mean like your buddy Linda?

And why is your watch the most prominent thing in the picture? Are you really that insecure?

marketsurfer · Mar 28, 2017

Frederick Foresight said:
You mean like your buddy Linda?

And why is your watch the most prominent thing in the picture? Are you really that insecure?

I wear a watch, that makes me insecure? #TWISTED and you are #DESPERATE sounding Fred--- just proves you really can't defend your beliefs, like the others on here.

surf