Why does TA not work (for you)?

[cornix]

Quote from marketsurfer:

I would like to see the context and evidence of the above claim. I don't recall seeing a 5-7 month run of before the fact calls from anyone. surf

Wrbtrader himself posts live calls for YEARS! Wonder if you really don't know about it or pretend you don't know?

 

[kut2k2]

Quote from marketsurfer:

LOL! yeah, commodity markets and index futures have positive serial correlation. Now, I have heard everything...

Ever heard of stocks? The Hurst exponents of stocks are consistently greater than 0.5.

 

[marketsurfer]

Quote from cornixforex:

Wrbtrader himself posts live calls for YEARS! Wonder if you really don't know about it or pretend you don't know?

is he the guy who writes long, elegant paragraphs upon paragraphs to explain simple points? If so, I don't read that material..

 

[cornix]

Quote from marketsurfer:

is he the guy who writes long, elegant paragraphs upon paragraphs to explain simple points? If so, I don't read that material..

...which should make you question if you are looking for TA proofs in the right way.

 

[R. Raskolnikov]

WRB doesn't strike me as someone who would just make a story up like that. Plus, it DOES sound like your MO.

Quote from marketsurfer:

I would like to see the context and evidence of the above claim. I don't recall seeing a 5-7 month run of before the fact calls from anyone. surf

 

[luckyluciano]

Traiding NOISE is absolutely random.

 

[marketsurfer]

Quote from luckyluciano:

Traiding NOISE is absolutely random.

All non informed traders are noise traders. TA is not information but rather illustrations of the past.

surf

 

[marketsurfer]

Quote from R. Raskolnikov:

WRB doesn't strike me as someone who would just make a story up like that. Plus, it DOES sound like your MO.

You would be surprised the lengths gone to by true believers to defend their faith.

 

[luckyluciano]

http://stockcharts.com/h-sc/ui?s=PCYC&p=D&b=5&g=0&id=p00675725397

You'll have to take my word......

I entered this trade as a breakout.
Bought in at $59.10, 1500 shares.
My target is 10-15% on a trade.

 

[luckyluciano]

Again, you have to take my word,

On the ITP.TO trade, my most recent entry was $6.49....

You can do the math from there.