Technical Analysis = CRAP

[marketsurfer]

Folks,

We are still waiting for even the most rudimentary proofs of success from any of the objective TA traders on this thread. They hymn they haul, some are talented writers, others spin words mixed with psedu science quite skillfully, some even threaten--- but the fact remains all we have seen are words no proof of the pudding.

The firm I worked with had 100 plus traders thru the door-- lured by big bucks, these guys had to show proof of success via statements etc prior to even getting an interview. Out of all of them , only one had a real edge and made money---all others failed out. The one who made it had an edge that had nothing to do with TA.

Lets see the proof, TA true believers or no question there isn't any

Surf

 

[Wayne Gibbous]

Quote from marketsurfer:

Folks,

We are still waiting for even the most rudimentary proofs of success from any of the objective TA traders on this thread. They hymn they haul, some are talented writers, others spin words mixed with psedu science quite skillfully, some even threaten--- but the fact remains all we have seen are words no proof of the pudding.

The firm I worked with had 100 plus traders thru the door-- lured by big bucks, these guys had to show proof of success via statements etc prior to even getting an interview. Out of all of them , only one had a real edge and made money---all others failed out. The one who made it had an edge that had nothing to do with TA.

Lets see the proof, TA true believers or no question there isn't any

Surf

Hymn and haul???

They sing in church and carry stuff?

 

[marketsurfer]

Quote from Wayne Gibbous:

Hymn and haul???

They sing in church and carry stuff?

The queens English escapes me....

 

[logic_man]

Quote from marketsurfer:

Folks,

We are still waiting for even the most rudimentary proofs of success from any of the objective TA traders on this thread. They hymn they haul, some are talented writers, others spin words mixed with psedu science quite skillfully, some even threaten--- but the fact remains all we have seen are words no proof of the pudding.

The firm I worked with had 100 plus traders thru the door-- lured by big bucks, these guys had to show proof of success via statements etc prior to even getting an interview. Out of all of them , only one had a real edge and made money---all others failed out. The one who made it had an edge that had nothing to do with TA.

Lets see the proof, TA true believers or no question there isn't any

Surf

You never addressed the post asking you about the ACD method, which, since it is in the public domain, doesn't pose any problems of anyone having to reveal anything about their own methods. ACD has a very robust claim to being "objective TA", (setting aside the issue of TA vs. price action), although there are still elements of it that I find subjective, such as the requirement that price remain above the opening range for a time equal to the time of the opening range (why not 50% of the time? Why not 150%?). Be that as it may, it's still within the range of the definition of a TA system you say can't work, yet seems to work.

 

[Lucrum]

Quote from marketsurfer:

Folks,

We are still waiting for even the most rudimentary proofs of success from any of the objective TA traders on this thread.

I'm still waiting for even the most rudimentary proof of success of your journal(s).

 

[marketsurfer]

Quote from Lucrum:

I'm still waiting for even the most rudimentary proof of success of your journal(s).

The vast majority of my trades have been recorded before the fact for the last 9 years on elite trader in the surf report. Earlier, when I worked for etrade, my journal was on their site Clearstation.

If you are sincerely interested in
My performance, the record is public and quite accurate.

Only thing I have ever seen from the objective TA crew here is rhetoric and other blustery nonsense. Where is their evidence?

Surf

 

[marketsurfer]

Quote from logic_man:

You never addressed the post asking you about the ACD method, which, since it is in the public domain, doesn't pose any problems of anyone having to reveal anything about their own methods. ACD has a very robust claim to being "objective TA", (setting aside the issue of TA vs. price action), although there are still elements of it that I find subjective, such as the requirement that price remain above the opening range for a time equal to the time of the opening range (why not 50% of the time? Why not 150%?). Be that as it may, it's still within the range of the definition of a TA system you say can't work, yet seems to work.

I am not famiar with ACD. Is it a knock off of Crabel's opening range breakout? I used a derivative of crabels TActic for several years, it worked for awhile, then markets changed and and it no longer worked.

Markets are always changing, making any objective fixed system rapidly obsolete.

The objective TA wonks and fixed system traders on this site simply don't understand leading to the obvious conclusion that they are nothing but papertraders. It's quite clear to Any of us who truly understandhow markets really work.

 

[Lucrum]

Quote from marketsurfer:

The vast majority of my trades have been recorded before the fact for the last 9 years on elite trader in the surf report. Earlier, when I worked for etrade, my journal was on their site Clearstation.

If you are sincerely interested in
My performance, the record is public and quite accurate.

Only thing I have ever seen from the objective TA crew here is rhetoric and other blustery nonsense. Where is their evidence?

Surf

Any screen captures of any kind anywhere?

 

[RCG Trader]

Quote from marketsurfer:



The queens English escapes me....

That's "hem and haw", and it's the King's English.

So, you are taking statements now? earlier you said you would not.

 

[logic_man]

Quote from marketsurfer:

I am not famiar with ACD. Is it a knock off of Crabel's opening range breakout? I used a derivative of crabels TActic for several years, it worked for awhile, then markets changed and and it no longer worked.

Markets are always changing, making any objective fixed system rapidly obsolete.

The objective TA wonks and fixed system traders on this site simply don't understand leading to the obvious conclusion that they are nothing but papertraders. It's quite clear to Any of us who truly understandhow markets really work.

So, because you failed to be successful with something that may or may not be somewhat similar to the ACD method, the ACD method can't work?

What kind of logic is that?