hmm.no edges in the markets

[jack hershey]

Quote from R. Raskolnikov:

I did NOT say all you need is a chart, I said charts are just graphical representations of market data but that the data (statistics) can be viewed, analyzed and a system created around. Charts visually organize that data. You need to do something positive with that data of course, looking at a chart alone wont help you much.

Actually, people just go through organizing once, then the display works as both you and MS agree (it is a readable visual display). Maybe surf can't read it but I know you can.

 

[R. Raskolnikov]

True, but only once the organization of a persons method has taken place. After that has happened, the chart is a very readable display. I only meant that, alone, charts are not of much service.

It seems the organizing (ie hard work phase) is where most people get filtered out.

Quote from jack hershey:

Actually, people just go through organizing once, then the display works as both you and MS agree (it is a readable visual display). Maybe surf can't read it but I know you can.

 

[marketsurfer]

Quote from jack hershey:

[What is in the HERSHEY tool box? Lots. Look. WTF? surf have posted them as being the most evil he has ever seen. BUT WTF? They are still there and no one is arbing then out of existance./B]

This is going into the "book" jack. I will give you full credit for the chapter entitled " the most evil I have ever seen". Thanks!!

 

[jack hershey]

Quote from marketsurfer:

This is going into the "book" jack. I will give you full credit for the chapter entitled " the most evil I have ever seen". Thanks!!

Neither you nor Covel will ever have permission to quote me on anything.

All you do is bullshit.

 

[sheda]

Quote from marketsurfer:
Understand, if the quants could see them, the patterns would quickly vanish as they would be arbed out of existence--- so these folks are claiming superiority over the best in the world. Yes, I find that fascinating since they are so entrenched with their false beliefs.

surf

According to you they don't use charts, now according to you if they did they would remove movement of price from every asset in the global market, see a shrink.

 

[galvinlee888]

Quote from toolazy:

70% win rate at RR 1;1. I believe my odds are better than 70%.

Broker does not get much satisfaction as I do 20 trades a year and spread/commission is on average around 3% of the risk per trade.

If you claim is what you actually did.. I am sure you are better than 99% losers here.

 

[galvinlee888]

Quote from marketsurfer:



Yes, I want to believe. Just like i want to believe in psychics and other metaphysical things. It would be very cool if it was true. That's why i keep pushing for new ideas, but get back nothing but the same old weak arguments. ALL my research, contacts and practice has shown that pure objective TA is not an edge in the market. Yet, folks like RR, ND, Hershey etc insist otherwise. ALl they need is a chart to make $$ consistently due to "recuring patterns" that only they can see , and all the academics and quants in the world can't see them, but they can.

Understand, if the quants could see them, the patterns would quickly vanish as they would be arbed out of existence--- so these folks are claiming superiority over the best in the world. Yes, I find that fascinating since they are so entrenched with their false beliefs.

surf

I agreed. All those "TA expert" have to proof are live calls with consistent profit in certain duration, I don't think I see any so far.

Reading the chart after the fact is not count.

 

[R. Raskolnikov]

Have to? Have to?? Surely you jest.

Why do I owe you anything? You want to talk trading, sure we can talk trading. You want me to bend over backwards to provide YOU with MY trading signals....LOL.

Quote from galvinlee888:

I agreed. All those TA expert to have to proof is live calls with consistent profit with a certain duration

 

[galvinlee888]

Quote from R. Raskolnikov:

Have to? Have to?? Surely you jest.

Why do I owe you anything? You want to talk trading, sure we can talk trading. You want me to bend over backwards to provide YOU with MY trading signals....LOL.

This is exactly the answer that i expected from those "TA expert"

 

[sheda]

http://www.2shared.com/photo/3WPo7db-/OVTI.html


So you are admitting here that there was no way you could have made money, more money than you lost, with the above chart? You do not see a single thing on that chart that could have been acted upon as it was Developing, the only possible use you can make of it, is not to trade, but to describe, after the fact?

Quote from galvinlee888:

I agreed. All those "TA expert" have to proof are live calls with consistent profit in certain duration, I don't think I see any so far.

Reading the chart after the fact is not count.