What's your definition of TA?

[Handle123]

What's your definition of TA?

Tits and Ass, opps Playboy going to not have centerfolds?

If TA is useless for predicting future price moves why do so many advocate it?

Ohh, and TA or for that matter NOTHING predicts future price moves. You have no knowledge of the use for TA?... TA is a tool,.... like charts are a tool,.... price is a tool.... otherwise pick up phone and call broker with your lucky coin and heads you buy.

You back test to find probabilities of what might work for you, and you gamble that probabilities will continue, so you can call that your edge, your dance steps, bring home to mama the bacon, whatever you care to, but without well back tested of 3,000 plus samples, you throwing money to the winds and RN and myself will be sweeping it up and giggling all the way to the bank.

 

[Redneck]

What's your definition of TA?

Tits and Ass, opps Playboy going to not have centerfolds?

I'm with him ^

RN

 

[OddTrader]

http://www.elitetrader.com/et/index.php?threads/what-is-ta.248044/

According to the above "What is TA?" thread, any trading methods/systems that would produce actual losses could be defined as TA.

Therefore we traders do have something to blame for our trading losses, except ourselves!

 

[d08]

Seems like a case of little red riding hood being tricked by the big bad wolf.

What's the source of the qoute? Thanks!

You did it again, before with Soros.
If a big name agrees with your views then he's obviously right, if he disagrees then he has an ulterior motive. You always win, eh?

 

[Handle123]

http://www.elitetrader.com/et/index.php?threads/what-is-ta.248044/

According to the above "What is TA?" thread, any trading methods/systems that would produce actual losses could be defined as TA.

Therefore we traders do have something to blame for our trading losses, except ourselves!

But did you trade it as it is supposed to be traded if doing it manually? And what is wrong for taking the blame? We now live in a world where no one wants to take blame, why is that? It only makes one look like a bigger buffoon. I like President Truman's saying "The buck stops here". Enjoy failures cause so many people are lazy and won't even try, and failures are opportunities to it again differently.

 

[Frederick Foresight]

You did it again, before with Soros.
If a big name agrees with your views then he's obviously right, if he disagrees then he has an ulterior motive. You always win, eh?

Thank you for saving me the trouble.

 

[Mike Okistini]

Surf's definition of PRICE DRIVERS.

Hindsight bias applied in real time markets that usually results in losses.

 

[lawrence-lugar]

What's your definition of TA?

Technical analysis Works -- but not Solely alone. ...it has to be in use with a combination of other variables and factors in consideration.
it's important to be open-minded and flexible in the marketplace.

...it's when you are close-minded and support only one way or method...is when you are a dead duck in the market.

 

[Autodidact]

I use past price action to predict future moves that have yet begun. Can tell with a good degree of probability where buyers or sellers will come, before they do.

 

[NoDoji]

Slight modification of Auto's post for me:

I use past price action to predict the likelihood of future moves.

I use TA to determine with a good degree of probability where buyers or sellers will come, before they do.

I use current price action to enter trades.