Why I Don't Believe in TA

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Feels good to see all that hard work pay off, I bet. Congrats!

Quote from NoDoji:



However, I've already performed extensive statistical analysis and have a fully developed and very precise trading plan that's survived beautifully for over two years through market extremes, bull and bear, as well as frustratingly narrow ranges.

I'm one happy trader :cool:
 
I love, love, love these threads about how TA is disproved.. LOVE 'EM :) There is an awful lot of uncertainty about the future but the markets will never change, YES!!
 
Quote from marketsurfer:

Price Drivers are what moves prior to price moving, they are what move the price.
I dunno, seems like a contradiction to me. Anyway supply/demand and or temporary lack of liquidity is what moves prices.
 
Quote from R. Raskolnikov:

An objective TA approach takes out the "want/expect" aspect out of the equation.


That's what they told these sad folks after the $5k objective TA course.... is that you R. Raskolnikov near the left side??

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actual photo from spy cam into TA class---- :p :D
 
I wish folks on this site would include what they trade with their trading method!!

AFAIK, marketsurfer primarily sticks to stocks and rarely trades anything else. His futures trades seem to be "on a whim". He's also a swing trader holding trades for days even when they're losers.

Sure analyzing the DOM may work fine for stocks, but for futures or forex the results may be 50/50 similar to the results from most TA indicator combinations. There's been lots of academic research into this.

And everytime marketsurfer disses TA he's always referring to indicators vs price action or support/resistance.

Seriously I wish he would just spend more time with his family rather than wasting ours.
 
What's your obsession with me?? That previous post had nothing to do with you. I quoted Mysteron. Is that an alias of yours? :p

Objective TA really chaps your ass. Sorry about that bud


Quote from marketsurfer:

That's what they told these sad folks after the $5k objective TA course.... is that you R. Raskolnikov near the left side??
 
Quote from R. Raskolnikov:

What's your obsession with me?? That previous post had nothing to do with you. :p

Objective TA really chaps your ass. Sorry about that bud

4th in from the left side?!
 
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