Is technical analysis getting the recognition it deserves in university studies?

Quote from jack hershey:

MS is saying that there are many successful TA systems.

MS points out that anyone can go and get one and run it and make money.

He gave the general address of the systems that have been made available as "black boxes".



The conventional othodoxy creates three catalysts for this developing and difficult circumstance. They are measurable and a direct consequence of failure. They are: fear, anxiety and anger.

.



FOr my FrIeNd mR, jaCk HerShey, a little diddee in ReSpect becauSe yoU KnOe marty


<object width="425" height="350"><param name="movie" value="http://www.youtube.com/v/EzDee3_NrDk"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/EzDee3_NrDk" type="application/x-shockwave-flash" wmode="transparent" width="425" height="350"></embed></object>
 
Quote from bsparkyman:

Marty was from Toledo, just a long list....



i wonder if thats really him, checking in from the federal pen??? this cat had an SM dungeon next to his massive trading room in his CT mansion, tried to rip off the vatican then torched the evidence--- for those who dont know.

"the pretender" was an interesting book, marty, to say the least.

interested in doing an interview??


surf:D
 
Locally, Ashland University has a pretty pimp trading room:

http://www.ashland.edu/programs/finance
http://www.ashland.edu/programs/finance/eagle-investment-group


Seriously, look at this trading room. That's your 'classroom':

2aexdp1.png



When I was a broker we recruited there and I have seen the room first hand. This is a brand new building and they spared no expense anywhere.


Video from the Eagle Investment Instructor:

<iframe width="480" height="390" src="http://www.youtube.com/embed/uOhx3woitBE" frameborder="0" allowfullscreen></iframe>
 
ta doesnt work because its usually used for daytrading, and daytrading is a zerosum game like poker. ta = bluffing. u cant say bluffing works, sometimes it does sometimes it doesnt. strategies change everyday. if you use the same bluff every game in poker in a row the bluff stops working. so in ta edges stop working too.

reason fundamental analysis does work and works consistently as long as youre buy and hold is it takes help from wealth effects which mean that bid and ask can be pushed higher in bull markets making everyone feel wealthy. remember the volkswagen squeeze? market cap highest in the world, thats wealth effect. ofcourse when everyone sells at 1000 a share the share drops to 10 bucks or something.

factor in a fiat system with 2% inflation per year and youve got an ever rising stock market.

the only thing fundamental analysis doesnt incorporate is when the age of cheap energy is over. stocks started in year 1600. thats when the age of cheap energy started. Lasted for 400 years. If for some reason cheap energy stops, maybe stock market will disappear entirely from the world.
 
Quote from brownsfan019:

Locally, Ashland University has a pretty pimp trading room:
Seriously, look at this trading room. That's your 'classroom':
When I was a broker we recruited there and I have seen the room first hand. This is a brand new building and they spared no expense anywhere.

Thanks for bumping the thread.

It's really nice to see the academics begin to understand the old models are no longer consistent and viable and something else needs to be found.
Spaghetti trading is no longer going to be an acceptable way to invest one's money. This current market environment will shake out an awful lot of the crap that currently exists in it and those with solid algorithmic models that can be applied to the retail trader and investor will win out in the long term. If those models can be applied to the institutional environments, all the better.
 
Quote from ProfLogic:

Thanks for bumping the thread.

It's really nice to see the academics begin to understand the old models are no longer consistent and viable and something else needs to be found.
Spaghetti trading is no longer going to be an acceptable way to invest one's money. This current market environment will shake out an awful lot of the crap that currently exists in it and those with solid algorithmic models that can be applied to the retail trader and investor will win out in the long term. If those models can be applied to the institutional environments, all the better.


What's spaghetti trading? A sous chef's duties on the off hours?
 
Would have been great if there was something like this when I was in college.

When I was in college I worked with newspapers and watched a delayed ticker on the local UHF channel KWHY channel 22. Had to call the "discount" broker on the phone and wait for a call back to confirm. Sometimes I got lucky and was put on hold until they got my trade done. That was a hundred bucks for the privilege. Can't really call it trading back then. It was more like short-term investin'.

I should also mention I had to walk to school barefoot in the snow 10 miles carrying my lunch in a paper bag. Kids nowadays don't know how good they have it.
 
Back
Top