Why does TA not work (for you)?

[HurricaneUS]

so now the new ET buzz word is "price drivers"?


the same old people still trying to find the "TRUTH" after years and years and years and years and years of failure.


You guys are hilarious

 

[d08]

Quote from marketsurfer:

Programmed and automated?

Programmed yes, automated no (as I've already told you once). I take every signal, whatever the market - don't worry about that.

 

[marketsurfer]

Quote from Fah Q:

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

TA is based on a proven flawed premise. No amount of crafting can reverse this fact proven again and again both academically, in real life, and by simple common sense.

have you listened, yet?

 

[BSAM]

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.

You're a blast, Surf!
You definitely are the life of the party!!!

 

[marketsurfer]

Quote from d08:

Programmed yes, automated no (as I've already told you once). I take every signal, whatever the market - don't worry about that.

have you compared random signals with your system signals?

This is critical-- Please post the results of these comparison tests.

thank you, surf

 

[marketsurfer]

Quote from BSAM:

You're a blast, Surf!
You definitely are the life of the party!!!

thanks!

 

[d08]

Quote from marketsurfer:

have you compared random signals with your system signals?

Why ask amateur questions. You can't achieve a Sharpe higher than 2 and no losing years with random signals. If you consider "working" to be just better than random then you've set the bar too low.

All the results are in the P/L thread. I won't spend time re-posting stuff if you're too lazy to make 5 mouse clicks.

 

[traderchi128]

Quote from logic_man:

Says the guy who touted his 3, yes, 3, winning trades in a row.

Thank God for the Internet, because I usually don't come across people this clueless in real life. Let's me know how the other half lives. I mean the half below the median IQ, that is.

Logic man, save your breath. Surf is delusional. He's the type of trader on a desk who could get clobbered routinely, but yet tells other guys on the desk who are all profitable what they are doing is wrong.

He's a very stubborn guy. Look at some of his trades from Surf journal I. Would take enormous hits on losing trades. One of those guys who would never admit when wrong.

 

[cdcaveman]

My favorite is admitting when your wrong

 

[Fah Q]

Quote from marketsurfer:

TA is based on a proven flawed premise. No amount of crafting can reverse this fact proven again and again both academically, in real life, and by simple common sense.

"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."

but your price drivers is technical analysis. technical analysis is a methodology that makes buy and sell decisions using market statistics.

http://www.investinganswers.com/financial-dictionary/technical-analysis/technical-analysis-1108

thats what you are doing surf, you are using market statistics.