Total misguided lies! There was 1 statistical error, which I have corrected. Nothing else.
Technical analysis
- Thread starter Josh Stefaniak
- Start date
There are multiple errors and I laid it out in detail, you even bullshitted over several posts and denied it and later on admitted to it. You are a blatant liar my friend.
You are a deluded troll, the journal is open to a review. You need assistance if a shrink.
I have to chuckle... about all the posts of how "TA doesn't work"... posted by people who obviously don't "get" how to use TA correctly.
"Properly understood and executed TA trading"... is the next best thing to front-running and trading on insider info... both of which are illegal.
"Properly understood and executed TA trading"... is the next best thing to front-running and trading on insider info... both of which are illegal.
This sounds like fantasy to me. But, ill give you the benefit of the doubt. Is there any evidence of your claims?
Sure, these are things the specialists invented years ago for taking your money.
Next best thing to insider trading and front running? Do you even know what you are saying? How is it that most that peruse TA are poorer than church rats? How can you compare that even remotely with the average wealth level of those who front run or trade on insider info? I don't condone the latter in any way but statistics and empirical evidence clearly speaks against you. Why do you think there are so many books about technical analysis? Because the authors have a clue and are so benevolent to share their goodies with the rest of the world? Get real just for a moment brother.
It's impossible to win an argument when the losses are pointed out straight away and winning trades are referred to as just being lucky. Even using basic TA it is possible to achieve a 50% win rate long term, money management takes care of the rest. Where would these nay-sayers be with their proprietary exclusive non-TA systems without money management? Probably a net losing exercise.
And where would all those TA book authors be if they had a fuxxing clue what they are talking about? Right...they would be trading and making money instead they hunt down lemmings like you. You fell for it mate, accept it and move on.
I've studied market behaviour patterns myself, experimented with conventional methods and researched methods suggested by posters on sites like ET. At the core of any method is prident money management. Again, you are assuming and fantasising.