Technical Analysis Doesn't Work

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Quote from marketsurfer:

i make no claims about my personal trading-- those who do, should be able to back it up--particullarly the outrageous claims made by some on this board. however, i do post my entries prior to the fact and have since 2002. i don't care if you will not listen to common sense and reams of data indicating the failure of TA. my success or failure trading my own account is irrelevant.

regards,
surf
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If nothing else, you're a great tap-dancer :)

LC
 
Quote from marketsurfer:

yeah, i see your point. however, TA falls into a different category--- everyone seems to have a differing take on it, however it all boils down to the same old same old as there are limited varibles to work with and limited ways to display the varibles. if you claim to be able to outthink teams of quants and out design the world's best---- like some here do----then i can't argue, however i can choose not to believe you.

surf
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Back to the same boilerplate argument, I see. And so it goes...round and round. Surfer, your own argument has been eviscerated, and you essentially did it on your own with almost no guidance on my part. And yet it doesn't seem to have sunk in just yet. Give it time. Reread our recent exchanges in this thread. Show them to your friends. Eventual absorption is almost certain to follow.

P.S. I note that your cohort, rcanfiel, has chosen to sidestep this segment of the program.
 
Quote from Thunderdog:

Back to the same boilerplate argument, I see. And so it goes...round and round. Surfer, your own argument has been eviscerated, and you essentially did it on your own with almost no guidance on my part. And yet it doesn't seem to have sunk in just yet. Give it time. Reread our recent exchanges in this thread. Show them to your friends. Eventual absorption is almost certain to follow.

P.S. I note that your cohort, rcanfiel, has chosen to sidestep this segment of the program.
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how has my argument that TA is subjective and of dubious value been eviscerated? it is obvious the TA true believers have been systematically obliterated and their arguments deconstructed to the point of nonsensical oblivion.

regards,

surf:D :)
 
Quote from spike500:

This is how it works:

http://p075.ezboard.com/fenergytradersfrm29.showMessage?topicID=3.topic


He is investing his and others money in different funds. If he is as good as he wants us to believe, why doesn't he trade the money himself?
I trade my own money, because i cannot get a better return elsewhere. I don't need other traders to trade my money.
Is this perhaps because i'm a fan of TA and behavioral finance?
And believe me, my bank account is not an illusion.
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Who is this guy (hedgeinvestor)??
 
Quote from marketsurfer:

how has my argument that TA is subjective and of dubious value been eviscerated? it is obvious the TA true believers have been systematically obliterated and their arguments deconstructed to the point of nonsensical oblivion.

regards,

surf:D :)
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CAUTION MARKETSURFER: READ SLOWLY!

YOU require a certain standard of evidence to validate TA. However, YOU are unable to produce that SAME standard of evidence in support of ANY OTHER form of trading. That's rather asymmetric of YOU, wouldn't YOU say?

Further, in a recent post, YOU wrote that YOU only discuss YOUR method of trading vaguely. (For which I am thankful.) However, YOU are essentially demanding that one or more TA traders present their methods in their entirety to YOU in order that YOU can go "scientific" on them to confirm their validity. That's rather asymmetric of YOU, wouldn't YOU say?

Is the underlying theme beginning to sink in?

http://en.wikipedia.org/wiki/Hypocrisy
 
Quote from Thunderdog:

CAUTION MARKETSURFER: READ SLOWLY!

YOU require a certain standard of evidence to validate TA. However, YOU are unable to produce that SAME standard of evidence in support of ANY OTHER form of trading. That's rather asymmetric of YOU, wouldn't you say?

Further, in a recent post, YOU wrote that YOU only discuss YOUR method of trading vaguely. (For which I am thankful.) However, YOU are essentially demanding that one or more TA traders present their methods in their entirety to YOU in order that YOU can go "scientific" on them to confirm their validity. That's rather asymmetric of YOU, wouldn't YOU say?

Is the underlying theme beginning to sink in?
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no, you are not making any sense, but rather continuing to divert and obfusicate. TA is a form of trading of which some forms( objective) can be subjected to testing procedures to determine if the results are any different than random over a statistically relevant time period--the testing indicates no edge. TA--get it. My method-- UNKNOWN to you. we are not talking about my unknown method, but rather a known and widely diseminated method known as TA. My method has nothing to do with the subject at hand. why you keep bringing up my method is very odd and typical of true believers world wide.

surf
 
Quote from Thunderdog:

CAUTION MARKETSURFER: READ SLOWLY!

YOU require a certain standard of evidence to validate TA. However, YOU are unable to produce that SAME standard of evidence in support of ANY OTHER form of trading. That's rather asymmetric of YOU, wouldn't you say?

Further, in a recent post, YOU wrote that YOU only discuss your method of trading vaguely. (For which I am thankful.) However, YOU are essentially demanding that one or more TA traders present their methods in their entirety to YOU in order that YOU can go "scientific" on them to confirm their validity. That's rather asymmetric of YOU, wouldn't YOU say?

Is the underlying theme beginning to sink in?
More...

TD,

You and I have had our differences in the past but I agree with your sentiment here exactly. Jimmy made a point to me a few weeks ago that took awhile to sink in. He said arguing with Smurf is futile and I finally agreed. I put him on ignore and I have found the experience to be so soothing.
 
Quote from ProfLogic:

TD,

You and I have had our differences in the past but I agree with your sentiment here exactly. Jimmy made a point to me a few weeks ago that took awhile to sink in. He said arguing with Smurf is futile and I finally agreed. I put him on ignore and I have found the experience to be so soothing.
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:D


keep staring at your "perfect track record" and your colorful illustrations of the past --- enlightenment is near.

:D
 
Quote from marketsurfer:

no, you are not making any sense, but rather continuing to divert and obfusicate. TA is a form of trading of which some forms( objective) can be subjected to testing procedures to determine if the results are any different than random over a statistically relevant time period--the testing indicates no edge. TA--get it. My method-- UNKNOWN to you. we are not talking about my unknown method, but rather a known and widely diseminated method known as TA. My method has nothing to do with the subject at hand. why you keep bringing up my method is very odd and typical of true believers world wide.

surf
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TA objective? Really? Previously, you were trying to convince anyone willing to listen that it was too subjective. Now that we have exhaustively covered the lesson on hypocrisy and double standards, let us move on to some quick-and-dirty statistics. It's hard to ignore the numbers.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=71154
 
Quote from Thunderdog:

TA objective? Really? Previously, you were trying to convince anyone willing to listen that it was too subjective. Now that we have exhaustively covered the lesson on hypocrisy and double standards, let us move on to some quick-and-dirty statistics. It's hard to ignore the numbers.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=71154
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what are you 12 years old, tdog? i NEVER said that there is no value in subjective TA. Testable, objective TA is what can be shown via testing not to offer any edge.

surf
 
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