Technical Analysis = CRAP

Fireplace · Apr 28, 2011

It could be programmed....but it would take some time.

Quote from marketsurfer:

Like I said, I don't doubt you.

However, could your TA ability be programmed or does it rely on intuition and feel?

marketsurfer · Apr 28, 2011

Quote from etile:

What is truth? TA is an aggregate of formulas that output certain numbers depending on the input. There is no truth to TA. It just is. It is truth insofar as it provide the correct calculations in accordance to the inputs that are entered.

Also to assume there is truth in the market, is to assume that there is some sort of truth in price. But I argue price is more a perception of reality than reality itself. Price floats free and is determined by others. TA will never be able to determine truth in price, but it may help in understanding the psychology of market participants and their view on current prices.

Yes. I dont disagree. Other than my inherent bias against behaviorial finance

marketsurfer · Apr 28, 2011

Quote from Fireplace:

It could be programmed....but it would take some time.

If you ever go down this road, keep me in the loop. I would be interested in observing it work in real time. Thanks.

d08 · Apr 28, 2011

Quote from marketsurfer:

I believe it's a subjective art. If it was a science it could be quantified and programmed. Sure, some appear to make it work, although I have never met one who was successful-- without selling something. You can't sell subjectivity hence the disconnect between system TA sellers and reality.

Just like some fisherman can read the surface of the water and know hungry fish are there. TA artists may be able to read charts, but this if it exists is a subjective intuitive art that is not teachable as a system to others.

I trade systematically, programmed and quantified. That is the beauty of TA for me, there is not subjectivity.
Not selling anything and I probably never will.
Consider that your "good friends" Altucher and Aronson are also in the selling business. First one is an amateur (regarding TA, good at selling of course

, the second one likes writing so much that he can write a simple sentence into 20+ pages.

Fireplace · Apr 28, 2011

The whole does TA work or not debate never gets anywhere, which is fine I guess since all I care about is making money each day and that isn't at all affected by this debate....unless I miss a signal while typing :mad:

Frits · Apr 28, 2011

Quote from Fireplace:

The whole does TA work or not debate never gets anywhere, which is fine I guess since all I care about is making money each day and that isn't at all affected by this debate....unless I miss a signal while typing

Lmao

!

Neenisti · Apr 28, 2011

Quote from marketsurfer:

If you ever go down this road, keep me in the loop. I would be interested in observing it work in real time. Thanks.

I called my friend and he told me to tell you to open up a slot in September. He told me to tell you that video is the only media you can't manipulate so you will video the interview, the demonstration and broadcast it live on the internet. He'll pay all of the necessary set up costs if you can't afford it and will pay the server costs as well. He said he would fly to you since anywhere outside the city and you turn into a pumpkin.

He said what he will give you is live trading in 100 different markets simultaneously and guarantee profitability in each one. That way you can't say it was hoaxed. He said he would do the broadcast for an entire week if you want.

He said he knows you too and told me to tell you to "pound sand", whatever that means. He said you would know. You sure make a lasting impression on those you meet I see.

marketsurfer · Apr 28, 2011

Quote from Neenisti:

I called my friend and he told me to tell you to open up a slot in September. He told me to tell you that video is the only media you can't manipulate so you will video the interview, the demonstration and broadcast it live on the internet. He'll pay all of the necessary set up costs if you can't afford it and will pay the server costs as well. He said he would fly to you since anywhere outside the city and you turn into a pumpkin.

He said what he will give you is live trading in 100 different markets simultaneously and guarantee profitability in each one. That way you can't say it was hoaxed. He

He said he knows you too and told me to tell you to "pound sand", whatever that means. He said you would know. You sure make a lasting impression on those you meet I see.

Fantastic, I have been waiting years to have this opportunity. I will be completely and 100% honest with my reporting what I witness. In fact, if it's legit, let your "friend" know I'll be happy to obtain extensive funding for him--- if everything else passes the DD process. I live for finding edge, so this is great-- although I doubt the veracity. Surf

PS. The friend wouldn't happen to be in Ohio, would he??

Fireplace · Apr 28, 2011

Mktsurfer, you seem to post alot but your sign up date is 2002 and you don't have that many posts.....strange.

Lucrum · Apr 28, 2011

Quote from Fireplace:

Mktsurfer, you seem to post alot but your sign up date is 2002 and you don't have that many posts.....strange.

Considering the number of times he's been banned, not really.