Why Do We Trade? For Real.

[Turveyd]

i need to correct your misstatements of fact. I was a TA user and believer for many years. I was even MTA member-- know what that is? There is a published article of me arguing eith my friend victor niederhoffer about TA with me being in support of it. So please dont make assumptions.

I was profitable during this time but much study and research proved TA had nothing to do with my profitability--- i accepted the quantified truth. Rather thsn what i thought or felt.

One day you will get the joke that you bought into if u keep an open mind.

Surf

I concur, TA is utter BS, I have tested it many times over the years.

But beliefs are hard to stop believing in for some.

 

[marketsurfer]

All that proves is that you were terrible at it.

Nope, i passed the MTA profiency exam. Have you? Even know what that is?

 

[dbphoenix]

Nope, i passed the MTA profiency exam. Have you? Even know what that is?

And what does that have to do with whether or not you were successful at trading via TA?

And I assume you're referring to the CMT.

 

[marketsurfer]

I concur, TA is utter BS, I have tested it many times over the years.

But beliefs are hard to stop believing in for some.

Not only you, but is been tested 1000's of times in multipe permutations. Even the very few things thst have shown to create a slight edge create losses due to transaction costs.

TA is so easy even a caveman can do it. Hence the appeal of easy money Just read the DB phoenix material on this site. All u need is a straight line! Duh. Its a powerful motivator. Look at lotteries or vegas for proof.

 

[marketsurfer]

And what does that have to do with whether or not you were successful at trading via TA?

I was succesful. But it wasnt because of TA. It was in spite of TA.

 

[dbphoenix]

I was succesful. But it wasnt because of TA. It was in spite of TA.

Allegedly. Too bad you failed to demonstrate that here.

 

[marketsurfer]

Allegedly. Too bad you failed to demonstrate that here.

Wrong. Read the surf report since 2002. Its clearly demonstrated in real time before the fact on this site. Sorry if you dont understand

Heck, the Gann Channels were wildly succesful positioning me correctly in nearly every large market move. Its all recorded here. I used a Gann Wheel. Talk about hardcore TA!

 

[dbphoenix]

Wrong. Read the surf report since 2002. Its clearly demonstrated in real time before the fact on this site. Sorry if you dont understand

Ah, yes. Trades exited without ever having been entered. Entered and never exited. Convexx (riskarb) pretty much pulled the plug on that one.

 

[marketsurfer]

Ah, yes. Trades exited without ever having been entered. Entered and never exited. Convexx (riskarb) pretty much pulled the plug on that one.

Once, there was a misunderstanding and mispost out of 1000's of posted trades. Do you always base conclusions on single data points? Likely as you believe in TA.

Your trading philosophy has been repeatedly destroyed. Yet you keep responding with the same circular like logic. Weird!

 

[i am nobody]

i need to correct your misstatements of fact. I was a TA user and believer for many years. I was even MTA member-- know what that is? There is a published article of me arguing eith my friend victor niederhoffer about TA with me being in support of it. So please dont make assumptions.

I was profitable during this time but much study and research proved TA had nothing to do with my profitability--- i accepted the quantified truth. Rather thsn what i thought or felt.

One day you will get the joke that you bought into if u keep an open mind.

Surf

The first 10 years I tried to trade (profitable), I could be persuaded that it was a joke. The next 15 years proved that it was not a joke. So I am afraid that I will miss the joke.... at least in this life.
There are winners and losers in everything people do.