When a model becomes extinct

[Frederick Foresight]

"Extinct?"

 

[SimpleMeLike]

Learn "Price TA".... then you won't have to deal with an approach that "stops working". Price TA always works in all markets and all time frames.

KISS, baby. As always!

Hello Scataphagos,

This is a very valid point you made sir. Thank you

 

[SimpleMeLike]

Learn "Price TA".... then you won't have to deal with an approach that "stops working". Price TA always works in all markets and all time frames.

KISS, baby. As always!

Hello Scataphagos,

The reason traders invest time and energy in the automated trading system approach and Not Price action or technical analysis approach because their no proof of any day trader or swing trader using price action or technical analysis that makes consistent money.

However, the automated trading system approach has plenty of proof.

 

[rb7]

Hello Scataphagos,

The reason traders invest time and energy in the automated trading system approach and Not Price action or technical analysis approach because their no proof of any day trader or swing trader using price action or technical analysis that makes consistent money.

However, the automated trading system approach has plenty of proof.

Are you saying that PA and TA cannot be automated?

 

[qlai]

Are you saying that PA and TA cannot be automated?

Automated, yes. Having edge, doubtful. Although, I am not sure how PA is defined exactly. Are you saying there are robust purely TA based automated systems?

 

[ZBZB]

Automated, yes. Having edge, doubtful. Although, I am not sure how PA is defined exactly. Are you saying there are robust purely TA based automated systems?

Good point. What is price action trading?

 

[deepfkvalue]

Do you consider changing parameter values the same or different model?

 

[SimpleMeLike]

Good point. What is price action trading?

Very good question. Noone makes money in price action trading.

There is absolutely zero proof any where on earth of any price action trader making money year to year or even beating the SP500 index return. Zero. None.

 

[SimpleMeLike]

Are you saying that PA and TA cannot be automated?

Hello rb7,

I do not know if PA and TA can be automated. Good question

 

[Scataphagos]

Hello Scataphagos,

The reason traders invest time and energy in the automated trading system approach and Not Price action or technical analysis approach because their no proof of any day trader or swing trader using price action or technical analysis that makes consistent money.

However, the automated trading system approach has plenty of proof.

If one could automate the correct application of Price TA, it would be the TRUE Holy Grail.