TA debunked

[deaddog]

Quote from 1a2b3cppp:

I have seen plenty of people claim TA works for them and post charts, but they are either overly-complicated charts with simple/joking explanations (eg. "if you can't see what's going on here then you shouldn't be trading," which conveys no useful information), or they are posted after the fact and they ignore questions where following their own system rules would've produced losing trades ("gurus" are notorious for this).

If someone claims TA works, the onus of proof is on that person to prove that TA works.

A couple years ago I had a real time journal called Follow the plan. You can search for it.

Didn't make too many trades and let it go after a bit as it didn't seem to garner much interest.

Still using the same set ups; still have the same win/loss ratio and am still making money.

Might not be what you call TA but each trade is based strictly on the chart pattern. Any given day I'd be lucky to tell you what stocks I'm holding, only what criteria they met to become a trade.