Why does TA not work (for you)?

[BSAM]

Quote from oilfxpro:

Traditionally Beaver colonies have been successfully hunted in darkness without the use of torches , so no reason why traders can't trade successfully without charts.

Kinda funny you bring that up.
I know a beaver who uses charts.

 

[SamGold]

Quote from BSAM:

Kinda funny you bring that up.
I know a beaver who uses charts.

I know a beaver and also a count (sic) that also use charts.

 

[jack hershey]

Quote from marketsurfer:

If you can quantify how many moves, or series of moves in one direction increase the odds of the next move or series being in the same or even different direction

then you, brother Sam would truly be an "elite" trader.

It can't be done, therefore TA is hogwash.

However, I would like to be proven wrong--- Been waiting.....

Do you know any skilled people who can program what they are told to do?

If so then you can examine a proof that someone you know who is skilled has done to aid you in understanding.

It is not a case of proving you wrong. You do not have an established position. All you have is an opinion with no foundation.

Someone skilled has to prepare something then she can explain it to you and she can judge if you can understand what is being told to you. So far this has not been possible for anyone to accomplish so you can have a rational thought a process from that point onward.

 

[TheBlackHand]

Quote from BSAM:

Don't get me wrong brother Black.
I really got nothing against you.
But, this post is just too funny on so many levels.

Feel free to elaborate why this is so (if you can).

 

[TheBlackHand]

Quote from jack hershey:

Agreed, it is a very humorous post.

As funny as your tax bill perhaps?

Or,

As funny as your implied statement on another thread that you drive a Mclaren F1?

Or,

As funny as your famous calls where you get it soooo badly wrong (using a chart again I imagine)




All in good jest of course.

Now, jesting aside, perhaps you'd feel free to elaborate in no more than 1/2 a page why you think this to be so????? Feel free to pm BSAM if needed.

 

[R. Raskolnikov]

LOL. Random entries.....man I must be the luckiest SOB alive to have utilized charts each day, used my TA each day, and been able to trade full time since '98.

Man, I hope this luck doesn't run out

Quote from marketsurfer:

You don't. But understanding price drivers radically increase ones odds. Whereas looking at past charts results in random entries.

 

[BSAM]

Quote from R. Raskolnikov:

LOL. Random entries.....man I must be the luckiest SOB alive to have utilized charts each day, used my TA each day, and been able to trade full time since '98.

Man, I hope this luck doesn't run out

Why you lucky SOB!
LOL

It's only a dream, brother Rask.

 

[marketsurfer]

Quote from R. Raskolnikov:

LOL. Random entries.....man I must be the luckiest SOB alive to have utilized charts each day, used my TA each day, and been able to trade full time since '98.

Man, I hope this luck doesn't run out

You are likely very skilled at trade management, cutting losses, letting winners run, etc. Take your charts away and you will have the same, or better results as you will not be working with illusions.

OR

You are a gifted intuitive with skills that can not be quantified--- they are very rare, but do exist..

OR

Both

Im not going to argue with your success, keep doing what you are doing and more POWER to you!

surf


PS. several of my best friends are Technical Analysts-- so I certainly don't hate the practioners-- just believe its the wrong road as it can't be quantified and there is so much against it....

 

[LEAPup]

Quote from R. Raskolnikov:

LOL. Random entries.....man I must be the luckiest SOB alive to have utilized charts each day, used my TA each day, and been able to trade full time since '98.

Man, I hope this luck doesn't run out

Thank God for a breath of fresh air in this mess of a thread!

The op asks for a thread with charts, and no bullshit, and what does et post? Yep, mostly shit! Sad!

Sorry for the rant. Thanks for the post.

 

[jack hershey]

Quote from marketsurfer:

You are likely very skilled at trade management, cutting losses, letting winners run, etc. Take your charts away and you will have the same, or better results as you will not be working with illusions.

OR

You are a gifted intuitive with skills that can not be quantified--- they are very rare, but do exist..

OR

Both

Im not going to argue with your success, keep doing what you are doing and more POWER to you!

surf


PS. several of my best friends are Technical Analysts-- so I certainly don't hate the practioners-- just believe its the wrong road as it can't be quantified and there is so much against it....

TA is easily quantified.

As a highway it is about as wide as it gets.

Have one of two of your skilled TA friends give me a call.