Rich and Taleb agree.....

Quote from Thunderdog:

Well, there is TA and then there is voodoo. :p

Very true. Although some approaches allow for better guesses than others.
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why isn't this testable?

if this was the case, why wouldn't one be able to show that the probabilities for one entry would be greater than another for success?

then, ofcourse, utilize that advantage to corner the market.



surf
 
Quote from marketsurfer:

why isn't this testable?
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What makes you think it isn't? Just because someone does not present you with their trading method on a platter for you to test does not mean it does not exist.

Your hypocrisy is showing. On the one hand you dismiss the notion of a testable trading method simply because someone didn't hand it to you. However, on the other hand, when I asked you on page 21 of this thread to tell us what you learned from VN's books, you responded:
Quote from marketsurfer:

...im going to lay out what i have learned from VN or anyone--- are you insane??
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So, you expect others to give you their entire method for you to test, whereas you won't even discuss a few specific or even general ideas of what you supposedly learned from VN's books?

Priceless. :p
 
Quote from Thunderdog:

Well, there is TA and then there is voodoo. I would avoid the overlap. :p

Very true. Although some approaches allow for better guesses than others.
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Thunder,

I presume that you are refering to the moon comment. There is a rather large body of TA called financial astrology. They have charts that "prove" that price correlates with certain patterns in the sky.

In truth, it is merely one more way to time the market. Some traders split the market into morning and afternoon sessions, not because of lunch, but because there is a change in subtle aura of the trader as the sun begins to decend from it's highest point.

As you probably know there is literally no end to trying attach form to something that is inherently formless.

Many here will disagree with that formless remark, but Wall Street and Threadneedle Street pay hundreds of people millions of dollars to find these patterns, but financial jounalists report that they have had no more success than we have here at ET.

Best Regards
Oddi
 
Quote from Thunderdog:

Oddi,

I equate all such esoterica with bullshit. But that's just me.
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why is your untestable TA any different?

believe them or not, cycles are cycles regardless of timing mechanism--planets, whatever.

i equate untestable TA and anecdotal evidence with bullshit.

regards,

surf
 
Quote from marketsurfer:

why is your untestable TA any different?

believe them or not, cycles are cycles regardless of timing mechanism--planets, whatever.

i equate untestable TA and anecdotal evidence with bullshit.

regards,

surf
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Are you on medication? You keep referring to "untestable" TA and refuse to acknowledge the testable variety. Are you really that daft? Have you even considered what I had written to you earlier and to which you have not yet responded? Specifically, how you expect someone to provide you with their profitable trading method so that you can (ahem) test it, whereas you won't even discuss what you learned from VN's books:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1690463#post1690463

I will let you equate astrology and interplanetary lines of support with down-to-earth price analysis. Why should this remark of yours be any different or more useful than any of your previous 10,696 posts?
 
Quote from Thunderdog:

<b>What makes you think it isn't? Just because someone does not present you with their trading method on a platter for you to test does not mean it does not exist.</b>

100's of studies, common sense, and the ability to think rationally.

see my early writings--- i bought all the TA stuff hook line and sinker.

you must have the secret. can't argue with the wizard.

<b>Your hypocrisy is showing. On the one hand you dismiss the notion of a testable trading method simply because someone didn't hand it to you. However, on the other hand, when I asked you on page 21 of this thread to tell us what you learned from VN's books, you responded</b>

no one has to hand me anything. i am speaking in generalities, not specifics--- why are you turning everything personal? perhaps this has to do with the SUBJECTIVE, NON TESTABLE nature of TA??



<b>So, you expect others to give you their entire method for you to test, whereas you won't even discuss a few specific or even general ideas of what you supposedly learned from VN's books?</B>

no, im not asking for any method, simply asking a question that you are dodging by personification of evidence--again subjective and non testable TA is evident.
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Quote from Thunderdog:

Are you on medication? You keep referring to "untestable" TA and refuse to acknowledge the testable variety. Are you really that daft? Have you even considered what I had written to you earlier and to which you have not yet responded? Specifically, how you expect someone to provide you with their profitable trading method so that you can (ahem) test it, whereas you won't even discuss what you learned from VN's books:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1690463#post1690463

I will let you equate astrology and interplanetary lines of support with down-to-earth price analysis. Why should this remark of yours be any different or more useful than any of your previous 10,696 posts?
More...

am i on medication? no, other than some cortizone creme for dry skin on my ear.

personification of an objective question once again.

what i learned from a book?? what does that have to do with TA being subjective and not testable.... totally different realms.

your cleverness with written word isn't helping you here objectively.

surf:D

ps. pray tell how you test something that isn't even defined?
 
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