Why does TA not work (for you)?
- Thread starter Xspurt
- Start date
Photoshop expert and multiple alias SamGold (who is on ignore) will soon be joined here by Jack Hershey (ET comedian). Seems both of them can't live without me.
Here is where I did my utmost to get Jack to post his prediction for the next 6 mths giving turn dates and swing direction. Watch how Jack squirms.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=143706&perpage=6&pagenumber=1
You can follow the rest of the thread as it is quite short and see the outcome.
SamGold honestly assures me that after cursing me, calling me his enemy, following me around like an obsessed ex. lover, misquoting me, quoting himself, continually saying my future calls are hindsight, trying to wreck threads, refusing to make any calls when I ask him to but slipping up when he inadvertently made 2 calls against me that went horribly wrong for him, changing his ID endlessly and doing everything he can to make himself look like he is something more than a parasite, he says that if I post my personal and private details he will post his.
You're 0 - 2 down SamSteveGoldwhatever, got your execution and direction wrong and now ya gotta work even harder to get my attention cos you'll need alias 1001 as you're on ignore. You can't photoshop a future call and I've made hundreds. Let's see you try for breakeven from 0 - 2 down. Like I said, no one gets them all correct and 2 calls down is nothing. Remember, it's all about tomorrow.
Now does anyone want to post a chart with the reason TA doesn't work like Clubber here...
http://www.elitetrader.com/vb/showthread.php?s=&threadid=242290&perpage=6&pagenumber=2
because TA doesn't have the answer for everything, but it does allows us the put the myth at TA doesn't work into the witness box and cross examine it like I did here...
http://www.elitetrader.com/vb/showthread.php?s=&threadid=242290&perpage=6&pagenumber=3
and you can see the outcome in my post here...
http://www.elitetrader.com/vb/showthread.php?s=&threadid=242290&perpage=6&pagenumber=4
and then follow the continuation yourself.
This is not about me, it is about TA and proving the myth that TA doesn't work against those who say it does work. I have to respond when someone says I didn't make calls and TA doesn't work. With this post my reply regarding my own calls is now closed as I want to keep to the topic.
Thread rules: Stick to the topic and post your reasoning why TA doesn't work. If you haven't used TA to a high level, how do you know it doesn't work?
Here is where I did my utmost to get Jack to post his prediction for the next 6 mths giving turn dates and swing direction. Watch how Jack squirms.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=143706&perpage=6&pagenumber=1
You can follow the rest of the thread as it is quite short and see the outcome.
SamGold honestly assures me that after cursing me, calling me his enemy, following me around like an obsessed ex. lover, misquoting me, quoting himself, continually saying my future calls are hindsight, trying to wreck threads, refusing to make any calls when I ask him to but slipping up when he inadvertently made 2 calls against me that went horribly wrong for him, changing his ID endlessly and doing everything he can to make himself look like he is something more than a parasite, he says that if I post my personal and private details he will post his.
You're 0 - 2 down SamSteveGoldwhatever, got your execution and direction wrong and now ya gotta work even harder to get my attention cos you'll need alias 1001 as you're on ignore. You can't photoshop a future call and I've made hundreds. Let's see you try for breakeven from 0 - 2 down. Like I said, no one gets them all correct and 2 calls down is nothing. Remember, it's all about tomorrow.
Now does anyone want to post a chart with the reason TA doesn't work like Clubber here...
http://www.elitetrader.com/vb/showthread.php?s=&threadid=242290&perpage=6&pagenumber=2
because TA doesn't have the answer for everything, but it does allows us the put the myth at TA doesn't work into the witness box and cross examine it like I did here...
http://www.elitetrader.com/vb/showthread.php?s=&threadid=242290&perpage=6&pagenumber=3
and you can see the outcome in my post here...
http://www.elitetrader.com/vb/showthread.php?s=&threadid=242290&perpage=6&pagenumber=4
and then follow the continuation yourself.
This is not about me, it is about TA and proving the myth that TA doesn't work against those who say it does work. I have to respond when someone says I didn't make calls and TA doesn't work. With this post my reply regarding my own calls is now closed as I want to keep to the topic.
Thread rules: Stick to the topic and post your reasoning why TA doesn't work. If you haven't used TA to a high level, how do you know it doesn't work?
Quote from NoDoji:
This is the funniest thing I've ever seen posted on a trading site.
Please share with us how "special situations" that "will have strong odds of success and huge positive expectancy" are different from repeatable, exploitable patterns?
You are assuming traders know the future with theses repeatable , exploitable patterns.If they knew the future , they would not need to read charts.
You can see in the rectangle ,resistance line and circles how price behaves on different occasions.Your personal decision making is based on ego ,knowledge and bias and is subjective , so it has no relevance to what the road map shows.
Somebody went short at resistance line in middle and lost but he made profit on another occasion , another went long and made profit but lost many times prior at resistance line.Even the road map is not clear.If you have a look at up trend line on far right , it gets broken and weeds out tight stops.
This shows a 50 /50 coin toss for t/a , unless you go to the 1 minute time frame and enter with small stops and run your profits which is how you will make money .