T/A Fails Time and Time Again - Why?

[dtrader98]

There are a lot of ways to reduce the influence of time. An obvious method is to resample or discretize the data at different intervals (asynchronous for example). This 'CAN' also help the math and probabilities work in your favor.

 

[Bry]

Tick charts take time out, some swear by them.

 

[learner2007]

ancient way of distributing data when people made charts by hand.

While not directly related to the subject of your thread, drawing charts by hand was a great experience. Back then I sat in the broker's boardroom and plotted the day's data on up to 300 charts. You develop a 'feeling' for price movement that I would guess you don't achieve with only screen experience. Adding this feel for price movement to proper TA is certainly a benefit, but admittedly not a necessity in reading charts. So, as you said, ancient yes, but that type of 'time' spent was quite worthwhile IMHO.

 

[Frederick Foresight]

looks like i assumed that it would be understood that Tommy stopped making custom widgets because his widget company was going broke satisfying each individuals desires.

Tommy raised prices and customers stopped buying, yet demand was there for a breadth of standard products which met the needs of most his customers he found.

Indicators are chasing around trying to satisfy traders who are applying them on every time based bar size imaginable. It must be maddening to the poor indicator when he then gets the blame that T/A does not always work and often fails.

So what is Tommy using instead of time? Volume or range? Either way, he still has to make a choice just as he did with a time interval. What if it's the "wrong" choice? I've looked at volume and range charts in the past. Personally, I didn't find them to be any prettier.

it seems just as you leverage up, it fails and wipes you out. Only to get back in sync and start working again as your account has been drained.

And so removing time from the equation prevents your apparent moth-to-flame relationship with the markets? Somehow, evidently so:

Now applying math to the data we can get constant and even predictable results.

And so what kind of returns are you now generating with your perfect understanding?

Make no mistake we are not just talking about obtaining and edge to be profitable but seeking perfection of understanding price movement.

 

[achilles28]

I think that when time is eliminated from the display of market data we find that the data is much more stable and reveals itself nearly a constant of definable motions. Those motions cataloged can perfectly define all market movement with no surprises.

Now applying math to the data we can get constant and even predictable results.

How is time eliminated from market data? Abandoning candles/bars and using tick charts?

 

[MarkBrown]

How is time eliminated from market data? Abandoning candles/bars and using tick charts?

range, momentum, point and figure, tick, kase range and others.

i like range and momentum myself.

 

[achilles28]

range, momentum, point and figure, tick, kase range and others.

i like range and momentum myself.

Thanks man. Will take a look.

Like to average into winners?

 

[Frederick Foresight]

Newsflash: Time May Not Exist

If you happen to be trading at the quantum level.

 

[MarkBrown]

If you happen to be trading at the quantum level.

yea i am trading at the quantum level asshole.. take your snide comments elsewhere foreskin.

 

[Frederick Foresight]

yea i am trading at the quantum level asshole.. take your snide comments elsewhere foreskin.

Sorry, but it seems that you didn't understand the content in the link you posted.

Also, you didn't answer any of the questions in my preceding post yesterday. However worded, they were serious questions to your provocative statements.