TA does work because ...

[dartmus]

I don't disparage anyone---- only ideas

'cubicle cowboy'
'internet cowboy'

 

[kut2k2]

http.txt

Please stop. If you are truly interested you would read it. Next in true elitetrader fashion folks will be asking for a free PDF. Lots of winners on here. But i will post the results of 6400 plus tests on TA.

http://www.evidencebasedta.com/significancetestresultsof6402rules.txt

See any TA rules out of 6000 plus that produce an edge after fees and costs???

Stop the insanity.

There are only four(!)rules in that bullshit test. The designations are TT-a-b, TI-a-b, D-a-b-c-d and E-a-b-c-d

Presumably one of those is the classic price/MA crossover.

Looking at MA1/MAx with x varying from 2 to 205 isn't 204 different rules, it's one rule with 204 different parameter sets. The same applies to the other three rules, whatever the hell they are.

As far as testing goes, Aronson is a joke and so are you.

 

[Mike Okistini]

You guys still tickling each other's nut sacks over this asinine question of whether TA works or not?!?!?! Who gives a @#$% if it does or does not and anyone who wastes a breath trying to prove one or the other is obviously not a real trader with too much time on their hands to argue over nonsense. I seriously hope this is a joke because I cannot believe you guys expect to pull your pants down and s#hit some results of a study done to prove anything. Take your TA, FA, price action, Minnie Drivers and go make some @#$%ing money and STFU. Reading this is like listening to two hamsters screw in an empty Doritos Bag with Kenny G playing saxophone with his pecker.

Anonymous arguing over something when the real answer is nothing works, it all depends on how you trade and guesstimate. Now whether you choose to spit or swallow this reality is up to you but for @#$%'s suck stop stroking this sausage already and move on.

 

[kut2k2]

You guys still tickling each other's nut sacks over this asinine question of whether TA works or not?!?!?! Who gives a @#$% if it does or does not and anyone who wastes a breath trying to prove one or the other is obviously not a real trader with too much time on their hands to argue over nonsense. I seriously hope this is a joke because I cannot believe you guys expect to pull your pants down and s#hit some results of a study done to prove anything. Take your TA, FA, price action, Minnie Drivers and go make some @#$%ing money and STFU. Reading this is like listening to two hamsters screw in an empty Doritos Bag with Kenny G playing saxophone with his pecker.

Anonymous arguing over something when the real answer is nothing works, it all depends on how you trade and guesstimate. Now whether you choose to spit or swallow this reality is up to you but for @#$%'s suck stop stroking this sausage already and move on.

Who the fuck are you and wtf makes you think anybody gives a shit about your disapproval of this subject? If you don't like the topic, just hit the back button and stop acting like a little bitch.

Grow up.

 

[Redneck]

^ +1


=======================

the real answer is nothing works,

it all depends on how you trade and guesstimate.

Make up your mind


Also suggest contacting Dr. Ruth - you need help

https://en.wikipedia.org/wiki/Ruth_Westheimer


RN

 

[i960]

To give Mike some benefit of the doubt - we have like 5+ TA/Anti-TA/TA works/doesn't work threads going on - it's been beaten to death and nobody has convinced either side of anything. At the end of the day just trade what works for you.

 

[Redneck]

it's been beaten to death and nobody has convinced either side of anything.

My stance is all TA works - prove me wrong please (open to anyone)

Is some more optimal than other - no question..., and obviously when used in it's commensurate environment


No matter..., it all works

So like I've stated - prove me wrong - please


===============

To give Mike some benefit

This person obviously has issues - none of which..., are pertinent to this thread..., TA..., my stance..., or me shutting another member down


Good Trading to You Sir

RN

 

[kut2k2]

To give Mike some benefit of the doubt - we have like 5+ TA/Anti-TA/TA works/doesn't work threads going on - it's been beaten to death and nobody has convinced either side of anything. At the end of the day just trade what works for you.

These threads are often revelatory. For example, in this thread, we just learned that the much-lauded Aronson testing of "6400 rules" turns out to be a testing of a measly 4 rules under many different parameter sets. That puts an entirely different perspective to the ending of Aronson's book. Because information like that only comes out in dribs and drabs, it took more than one thread to learn that.

There are other topics in ET that are "done to death" but there is no outcry for their cessation. My advice: avoid the threads that bore you or annoy you. Freedom of speech and all that jazz.

 

[d08]

For the 50th time. Evidence based technical analysis by david aronson lays out the facts about why objective TA doesn't work.

Not to mention nie@derhoffer and marketsurfer 1000x's. Talk about spoon feeding

I dont expect most to understand the academic studies that prove the same thing. I wouldnt understand many of them without my own private tutor. But aronsons book makes it simple.

surf

Read the book, it was the last book I got since while mildly interesting, it didn't help me in the real trading world at all and time is much better spent elsewhere.
The author had apparently failed in trading and wanted to make some money from all the time he had invested in studying the markets, just like most book authors in this category.

But I also read "Trade like a hedge fund" and that was a complete waste of money, Altucher apparently had discovered Wealth-Lab at the time and was eager to show his 20 trade backtests (which don't matter AT ALL).

 

[marketsurfer]

Read the book, it was the last book I got since while mildly interesting, it didn't help me in the real trading world at all and time is much better spent elsewhere.
The author had apparently failed in trading and wanted to make some money from all the time he had invested in studying the markets, just like most book authors in this category.

But I also read "Trade like a hedge fund" and that was a complete waste of money, Altucher apparently had discovered Wealth-Lab at the time and was eager to show his 20 trade backtests (which don't matter AT ALL).

Lol, i made a killing with several of Altucher's strategies -- and your only showing your ignorance about the sources of the strategies --/. Yes, i agree many of the strats in the book are outdated now, but some remain extremely effective.

Regarding aronson-- if objective methods and the proven truth disturb u, then i agree, avoid this book!

Surf