Why does TA not work (for you)?

Quote from ammo:

i can understand the disdain for a lot of the fodder on the net,but when the dog barks and it's offensive, we excuse him because of his lower intellect,people on the other hand ...

Let me continue for you please. People on the other hand think before they post bullshit on the net. Let me tell you why. People behave responsibly and if they do not know what they are talking about, they keep their mouths shut. It is just as simple as that.
 
Quote from pythontrader:

Let me continue for you please. People on the other hand think before they post bullshit on the net. Let me tell you why. People behave responsibly and they do not know what they are talking about, they keep their mouths shut. It is just as simple as that.
as in this post,you turned this conversation about TA into an opportunity for you to attack unprovoked,sometimes a walk or count to ten before blowing up quells it,maybe you should think before you post,another thread turned ugly due to a few negative people
 
Quote from ammo:

as in this post,you turned this conversation about TA into an opportunity for you to attack unprovoked,sometimes a walk or count to ten before blowing up quells it,maybe you should think before you post,another thread turned ugly due to a few negative people

Guilty as charged... Guilty as charged... Just wanted to have some fun. Funny "conversation" though. I hope someone profits from it. Stay profitable without such conversations.
 
Quote from marketsurfer:

that anger is a great example of the fundamental religious nature of TA believers. The poster he is reacting to posted solid information that caused him to question his faith-- this resulted in him lashing out against the heretic. Same thing caused the Crusades-- get enough of true believers together and trouble is always near by.

I just wanted to leave... Now I'm not leaving. Keep it coming...

"Solid information". Let me think... Is that a title for your book?
 
Quote from marketsurfer:

It's more powerful than TA by an order of magnitude,as it anticipates rather than follows.


I put down some facts about my trading a couple of days ago, namely that the average distance I enter the ES at from a pivot high or low is ~9 points and that my average trade is a ~4.5 winner.

What you don't seem to understand is that the market is always relative (there's a reason I like Einstein so much) so that unless you are claiming that you can capture that whole 13.5 point segment (and I know you can't because I've seen your trade journals), I don't see how you are "anticipating" any more than I am "anticipating". Only, what I am "anticipating" is that additional traders will come in after me to create at least 4.5 points of additional movement in my direction. On average, I am correct.

Your problem is that you argue against too many strawmen and then when you knock them down, declare some kind of victory.
 
Quote from SteveH:

Donna,

If you randomly pick trades from the population of valid trade setups from a positive expectancy system, it will not alter the long-term outcome of success. The only way it would be possible to do so (with negative results) is if the person has the subconscious ability (i.e., intuition) to consistently choose a greater majority of bad outcomes which, of course, is not random. The converse would hold as well: another person having the intuitive ability to non-randomly pick more of the winners than losers, exceeding the experienced results of someone taking all of the setups in the same time periods.

For example, no matter how hard anyone tries, s/he cannot pick and choose coin flips (from a fair coin) and alter the long-term probabilities of the experienced distribution results. The randomness has no reliance on the participant's timing of when to decide to choose a side. It is "built-in" to the fair coin itself.

So, there are two ways to neutrilize a person's intuition in taking trades from a positive expectancy system which could negatively impact the results: either take all of the trades OR flip a coin, you take the trade if it's heads, pass it it's tails (or vice verse). Then, you're assured of taking random entries from a winning system and your long-term expectancy results WILL mirror those of someone who took all of the trades.
No offense. You wrote like Jack Hershey. I had to rephrase your sentences to know what you meant. Are you him the Highness? :D
 
Quote from Paddler:

No offense. You wrote like Jack Hershey. I had to rephrase your sentences to know what you meant. Are you him the Highness? :D

No. It is his sister Jacky Hershitanny.
 
Quote from logic_man:

I put down some facts about my trading a couple of days ago, namely that the average distance I enter the ES at from a pivot high or low is ~9 points and that my average trade is a ~4.5 winner.

What you don't seem to understand is that the market is always relative (there's a reason I like Einstein so much) so that unless you are claiming that you can capture that whole 13.5 point segment (and I know you can't because I've seen your trade journals), I don't see how you are "anticipating" any more than I am "anticipating". Only, what I am "anticipating" is that additional traders will come in after me to create at least 4.5 points of additional movement in my direction. On average, I am correct.

Your problem is that you argue against too many strawmen and then when you knock them down, declare some kind of victory.

I disagree. However, If this system is as you state--- why worry about points and fractions? Why not trade Binary Options and make 100% on each and every trade? if you are able to capture 1/2 of every directional move on average-- trading Binary Options should be an easy way to wealth.
 
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