And then he uses TA among other things to locate entries. Non random entries, using TA as a component. Ergo, Tim uses TA.
Why does TA not work (for you)?
- Thread starter Xspurt
- Start date
Charts in and of themselves are just visual tools. It's the TRADER who must understand relationships before creating a system. Then must test system to make sure there is consistency. Once there is over an extended period of time, only THEN should one believe in what TA can provide. Until then, there is no reason to be a "true believer". It seems some in this thread were believers first without doing all the required analysis and observation.
OR....one can forgo charts altogether and use an entirely different system. Who cares what method one uses, so long as the trader finds something that works.
OR....one can forgo charts altogether and use an entirely different system. Who cares what method one uses, so long as the trader finds something that works.
Correct.
Nothing but vanity and pride, I`m afraid.
When a person wants to learn about trading, he must let go of a lot of preconceived garbage.
This is not easy.
Why?
Because people only see what they believe; not what someone else tells them.
Yet, there must be a starting point, somewhere.
But, it's up to the individual to take that leap of faith.
When the student is ready, the teacher will appear.
This is not easy.
Why?
Because people only see what they believe; not what someone else tells them.
Yet, there must be a starting point, somewhere.
But, it's up to the individual to take that leap of faith.
When the student is ready, the teacher will appear.
Yes, I have no argument with intuitive chart reading--- if you have that talent, more profits to you. My argument is with TA users who think they are quantifiably increasing the odds on an entry. This can not be shown or proven-- therefore, its chart interpretation via skill, talent, intuition whatever.... If this was just admitted, I can't argue with it.
traderchi128
Guest
Surf, for over ten years you have blown up "numerous" times in your Surf Reports. You would routinely get obliterated on a trade, then disapear. Don't you think it's a bit much going around telling people what works and what doesn't when you have never shown any kind of profitability?
If you are out searching for people to place capital, that's great. But unless you can show that your method works quit trashing others.....it's a joke.
Yes, I have had my ups and downs. Wins and losses-- no doubt.
I dont trash anyone. I think I remain respectful, never any personal attacks, etc I do trash concepts--like quantifiable TA that I know have little merit-- yet folks keep on believing..
surf
traderchi128
Guest
Well Surf...if you could "make it work" wouldn't you be trading and not talking about it?