Quote from marketsurfer:
as a trend following believer--- sounds like a song---- i am surprised to read the above from you. at what percentage size of the traded volume do you believe TA becomes non relevant?
thanks
Yep, I deserve this. Consequences of breaking my own discipline.
Not a trend following 'believer' -- no tinfoil hat I'm afraid, and the purists wouldn't let me in the club anyway. Just someone who recognizes that trend following methods have legitimate long-term validity.
No longer surprised that you're surpised. You continue seeking specific answers to impossibly broad questions, as if everything were black and white and subtleties did not exist.
Your last question is another example of brute oversimplification (with a healthy dose of assumption thrown in). There are so many variables and interlocking factors, you might as well ask what caused World War I -- and expect a single sentence answer.
(Simple Simon: "That's easy! Twas an assassin's bullit wot done it. Next!")
Surface level contradictions are resolved by digging deeper. By your own lights, you are a man of the world and a man of trading knowledge. You should have plenty of ammunition to properly challenge a statement that does not sit well, or at least give it more thorough treatment than a poorly constructed question. But your volleys do not speak to the depth of savvy you claim.
Maybe that's the root of the problem. Instead of offering a constructive viewpoint, you seem to be walking around with eyebrows raised, constantly asking "How can this be?"
Like someone who forever wants to play catch, but refuses to throw the ball back.
I could go into further explanation, laboring over points that should be apparent with a little consideration, but for both our sakes I will offer some friendly advice instead. Make fewer assumptions. Ask better questions. And do a little more digging before you ask. Don't be an example of Proverbs 26:15.
I've got nothing against you Surf -- and I appreciate your consistently pleasant demeanor. If it really is your goal to collect and distill knowledge via these inquiry-style threads, then plenty are willing to assist. But investigative reporters are not supposed to be biased, and participants in the argument are not supposed to be silent. Need to go one way or the other.
