Technical Analysis = CRAP

[ProfLogic]

Quote from marketsurfer:

It's completely true that HFT has changed the market forever. It's bizare that folks will actually dispute this fact. Keep looking at the charts, they will lead the way---NOT!

Amazing?:eek:

 

[marketsurfer]

Quote from ProfLogic:

That was some time ago but I seem to remember it had to do with price movement and how to recognize the pattern oscillations it creates. It was a just discussion group that was put on by one of the local banks and I made a presentation.

Post a link to the paper and marketing for the event. I would like to see it

Thanks

Surf

 

[logic_man]

Quote from marketsurfer:

It's completely true that HFT has changed the market forever. It's bizare that folks will actually dispute this fact. Keep looking at the charts, they will lead the way---NOT!

Yeah, I already said I don't use charts, but whatever. I would love to see you identify, at a better than chance level, charts of assets traded by HFT and assets not traded by HFT. I highly doubt you could identify any difference in the charts. Sort of a "blind taste test".

HFT is just the latest in a long line of boogeymen that people blame for not being able to understand the markets.

 

[RCG Trader]

Quote from marketsurfer:

It's completely true that HFT has changed the market forever. It's bizare that folks will actually dispute this fact. Keep looking at the charts, they will lead the way---NOT!

Of course charts do not lead the way, they show mass sentiment, which is what all traders trade, no matter the ilk.

Looking back at your threads Surf your issue is asset allocation. You have some very nasty trading habits, and you know better than to do any of them. Why are you trying to nail exact tops and bottoms? Why do you average down? Your system, unlike others here, seems to have no stable parameters. How do you ever hope to succeed at this, even at the hobby level?

 

[RCG Trader]

Quote from logic_man:

Yeah, I already said I don't use charts, but whatever. I would love to see you identify, at a better than chance level, charts of assets traded by HFT and assets not traded by HFT. I highly doubt you could identify any difference in the charts. Sort of a "blind taste test".

HFT is just the latest in a long line of boogeymen that people blame for not being able to understand the markets.

When this HFT first started, I suggested that the answer is simply to pan out of reach of the bots, if they are making that much noise, amplify the signal by panning out for a better view. You would a thought I hit on somebody's wife

 

[Fireplace]

Wow, a lot has happened here in a few days....my guess is the malcontents are still butting heads with the ones who can trade?

 

[RCG Trader]

Quote from Fireplace:

Wow, a lot has happened here in a few days....my guess is the malcontents are still butting heads with the ones who can trade?

Ya, pretty much

 

[Fireplace]

I figured I'd ask before committing any time to catching up

Quote from RCG Trader:

Ya, pretty much

 

[marketsurfer]

Quote from Fireplace:

Wow, a lot has happened here in a few days....my guess is the malcontents are still butting heads with the ones who can trade?

How do you know who can trade from claims on a message board?

 

[RCG Trader]

Quote from marketsurfer:

How do you know who can trade from claims on a message board?

Surf, I have asked you the same three questions several times now. Why won't you answer them?