Why does TA not work (for you)?

[marketsurfer]

Quote from logic_man:

This guy is clearly someone who will latch on to anything. When "price drivers" fails, next year it will be something else.

I bet he doesn't even get to 1,000 trades using "price drivers", much less get to 1,000 trades with a net profit.

Let's lynch the landlord!

In typical fashion, the true believers are attacking the heretic rather than defending their own beliefs which they don't like to question. This is classic and expected.

It does not matter if Price Driver fails or wins over the long term in regards to the fact of TA not working. Price Driver may fail, I don't know yet. However, TA has been proven not to increase the odds of any trade time and time again in rigorous studies and in real life--- IE-- its not taught by prop firms who need you to profit, but it is pushed heavily by FX firms who need you to lose.

Even TA high priestess NODOJI will admit to intuition and having no one trade being greater than 50/50 odds when using TA

How simple and clear can it be?

 

[Fah Q]

Quote from marketsurfer:



It does not matter if Price Driver fails or wins over the long term in regards to the fact of TA not working. Price Driver may fail, I don't know yet.

then why did you tell bsam that if he used price drivers, his profits would increase dramatically? are you basically say that that advice was total BS? inquiring minds would like to know.

 

[marketsurfer]

Quote from Fah Q:

then why did you tell bsam that if he used price drivers, his profits would increase dramatically? are you basically say that that advice was total BS? Inquiring minds would like to know.

That's my BELIEF, its not a FACT. I guess you don't understand the difference?

Facts are that TA fails when tested... It FAILS.



Listen to Covel's podcasts for guidance.

 

[BSAM]

Quote from marketsurfer:

...Price Driver may fail, I don't know yet....

How can they possibly fail if they are moving the market?

 

[Fah Q]

Quote from marketsurfer:



"Apply price drivers to your trading skill and ability--- your profits will increase dramatically."


That's my BELIEF, its not a FACT. I guess you don't understand the difference?

ok, but you certainly sounded like you were instructing bsam. i'll note that it's just your belief. no proof of success yet with the price drivers method. just hope for now

 

[marketsurfer]

Quote from BSAM:

How can they possibly fail if they are moving the market?

This is very subtle--- Price Drivers never fail for the reason you list.

However, the calculations of them can fail, the way we weight them in the formula may fail. There are a dozen plus inputs, they all contribute to the way price moves, its the refining of these inputs that's not always accurate.

 

[d08]

Quote from marketsurfer:

Let's lynch the landlord!

In typical fashion, the true believers are attacking the heretic rather than defending their own beliefs which they don't like to question. This is classic and expected.

It does not matter if Price Driver fails or wins over the long term in regards to the fact of TA not working. Price Driver may fail, I don't know yet. However, TA has been proven not to increase the odds of any trade time and time again in rigorous studies and in real life--- IE-- its not taught by prop firms who need you to profit, but it is pushed heavily by FX firms who need you to lose.

How simple and clear can it be?

I've traded with OBJECTIVE TA (meaning price or price derivatives) for years and a lot of it is documented on ET. What other proof do you need?

Also, why keep posting pictures of Covel?

 

[marketsurfer]

Quote from Fah Q:

ok, but you certainly sounded like you were instructing bsam. i'll note that it's just your belief. no proof of success yet with the price drivers method. just hope for now

Correct.

surf

 

[Fah Q]

Quote from marketsurfer:

This is very subtle--- Price Drivers never fail for the reason you list.

However, the calculations of them can fail, the way we weight them in the formula may fail. There are a dozen plus inputs, they all contribute to the way price moves, its the refining of these inputs that's not always accurate.

crafting ta to work does take some time. i concur.

 

[marketsurfer]

Quote from d08:

I've traded with OBJECTIVE TA (meaning price or price derivatives) for years and a lot of it is documented on ET. What other proof do you need?

Programmed and automated?