Why does TA not work (for you)?

Quote from Fah Q:

marketsurf must have been kidding. he is smarter than that. he is just being stubborn and deceptive.
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true, stupid asssertions followed by intelligent defense of his position,no logic, then logic,whole thread is a farce
 
Quote from marketsurfer:

Astrologer Arch Crawford too. He had the number one ranked market newsletter for years--- all based on astrology. Makes astro true, right?

surf:confused:
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As usual, the most subscribed publications are primarily of entertainment value.
 
There are lots of other factors yet to be discussed regarding why some believe TA doesn't work for them, perhaps in another thread when we get warmed up here :)
 
Quote from LeeD:

As usual, the most subscribed publications are primarily of entertainment value.
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Ranked in accuracy by market timers digest. Nothing to do with popularity, rather accuracy.

surf
 
Quote from R. Raskolnikov:

Focus on this instead:

"There are few sophisticated technical rules that may explain why technical analysis works. For example, Treynor and Ferguson (JF, 2985) demonstrate the usefulness of past price information in making an abnormal profit. They develop a Bayesian probability estimate using past price data to assess whether the market incorporates some firm-specific information, that is made available to investors."
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You forgot to add that it works only when combined with private information--which would be obvious.

You really are missing the entire point and simply do not understand the terminology used. That's ok, just keep on believing.

surf
 
Quote from marketsurfer:

Ranked in accuracy by market timers digest. Nothing to do with popularity, rather accuracy.

surf
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but you are calling him a fool, even though he is very accurate? huh?
 
Quote from Fah Q:

but you are calling him a fool, even though he is very accurate? huh?
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No, Arch is a good friend of mine-- he is a smart guy. I am simply making a point, which apparently has gone right over your head.

surf
 
Quote from marketsurfer:

No, Arch is a good friend of mine-- he is a smart guy. I am simply making a point, which apparently has gone right over your head.

surf
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so you believe in astro trading? it's a legit trading methodology?
 
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