TA - Objective or Psychological Skill?

[cornix]

As we roll to U3 contracts in SIFs today the numbers in the analysis above should be adjusted accordingly.

 

[toolazy]

xsprut and JH seem quite smart guys.

Duno bighog.

For me, it is really all about resolving some sort of probability equations in real time. Can do it on minute chart but not tick charts.

 

[cornix]

Quote from toolazy:

xsprut and JH seem quite smart guys.

Duno bighog.

For me, it is really all about resolving some sort of probability equations in real time. Can do it on minute chart but not tick charts.

I prefer the most popular time-frames to trade to see what many other eyes see. Agree on equation, but that's more on the research stage. When it comes to real-time execution you simply act as an algorithm: if A then B etc.

 

[osho67]

Quote from justrading:

I was wondering when you would join the party.

Take your time, read this, and tell me what you think when done.

http://www.naaim.org/wp-content/upl..._example_of_trend_following_Lukasz_Wojtow.pdf

I have got Kindle from amazon. Can I download this to kindle to read?How do I do that?

 

[justrading]

Quote from osho67:

I have got Kindle from amazon. Can I download this to kindle to read?How do I do that?

I'm the old fashioned sort who only wants real books.

I did find this 'For dummies' online guide that should help. I also came across the Amazon help guide, but they don't seem to understand the concept of clear and simple.


http://www.dummies.com/how-to/content/how-to-transfer-pdfs-to-a-kindle.html

http://www.amazon.com/gp/help/customer/display.html?nodeId=200375630

 

[cornix]

Stop-loss on hypothetical swing long in YMU3 would be trailed to just below 14,972 (low of last Friday).

 

[Sergio77]

TA cannot become objective as long as it is subjective.

 

[wrbtrader]

Some TA is objective and other types of TA is subjective. Yet, its the trader that decides if he/she wants to be subjective in the use of objective TA or objective in the use of objective TA.

The human mind is a powerful tool. We see what we want or believe what we want regardless if its objective or subjective.

 

[cornix]

TA now agrees with PD and favors reversal to short @ 15,024 with a stop-loss above 15,278.

 

[wrbtrader]

Quote from cornix:

TA now agrees with PD and favors reversal to short @ 15,024 with a stop-loss above 15,278.

I will assume this is NOT the thread you mention in your "Cornix TA Performance" thread that there will be correlate the TA to the performance especially considering your performance thread is real money whereas this thread the TA is hypothetical...

Correct ?

Also, what's a PD...maybe Price Direction ?

Your performance thread involves real money day trading whereas the hypothetical trades posted in this thread seems like they are swing trades.