Technical analysis :useless junk science

Surf here's what the guy says his performance was per https://www.thechartist.com.au/membership-packages/long-term-traders.html
He isn't exactly promising the moon.

Performance Scorecard (Mar 2012)
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_ Total Return _ Annual Return
Growth Portfolio [1] 108.19% 13.23%
SSgA ASX200 SPDR ETF [2] 18.69% 2.94%
Relative Performance 89.50% 10.29%

I'm not a customer of his, I read his ebook which was cheap and I though had some good information in it so I bought and read his other book. I thought the $0.99 ebook was a better read for the money.
 
Quote from bigarrow:

Surf here's what the guy says his performance was per https://www.thechartist.com.au/membership-packages/long-term-traders.html
He isn't exactly promising the moon.

Performance Scorecard (Mar 2012)
|



_ Total Return _ Annual Return
Growth Portfolio [1] 108.19% 13.23%
SSgA ASX200 SPDR ETF [2] 18.69% 2.94%
Relative Performance 89.50% 10.29%

I'm not a customer of his, I read his ebook which was cheap and I though had some good information in it so I bought and read his other book. I thought the $0.99 ebook was a better read for the money.
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$660 dollars and a commercial site..........more pretenders here.
 
Quote from marketsurfer:

My performance is irrelevant to the discussion. Why are you obsessed with it?
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It's certainly relevant to your statement below.

Quote from marketsurfer:

The problem with what you say and other TAers don't admit is there is no evidence of TA working. There are no wealthy TA artists, they only exist on the Internet--- where are their homes, boats, other investments? There isn't one, outside of fund managers, who make the majority of their money from management fees and run multiple programs promoting the successful ones and hiding the losers. There are lots of successful small business owners who live nice lives--- why no TA users? This is in addition to to the countless studies that prove it doesn't work and if it does the edge is negligible.

Where are the TA practitioners yachts? Surf
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Quote from oilfxpro:

$660 dollars and a commercial site..........more pretenders here.
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I'm not promoting the guy. If you were paying attention I was telling surf about the trend systems in his book with the statistics on those systems, then the conversation turned to his web page.
 
Quote from kut2k2:

Your article makes the ridiculous ASSumption that whoever has working TA is just going to share it with all other traders. I don't know anyone that stupid. This has been pointed out to you before yet you keep posting that silly article. Learning challenged?
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So much anger, so much frustration... I wonder, could it be the lack of success in your trading? Maybe you should try something different then TA.

I rest my case and I leave you to it to keep arguing about it on this forum, while I spend my time actually trading.

Shaka :cool: ,

Frits
 
Hey Oily, I'm still waiting for you to make a call like surf has. You got all them fantastic EA's making 40,000 pips so how's about shooting that big mouth off in another direction and making just one teeny weeny call?
 
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