Why I Don't Believe in TA

[cornix]

Quote from rt454:

I was going to say TA is making trading decisions on something other than income statements, balance sheets, PE ratios, PEG ratios, news, etc. I like your description better.

Thanks for that. The most correct definition would probably be: TA is analyzing market based on the information, provided by the "internal" market inputs only, such as price, volume, order book and possible derivatives/combinations of the above as opposed to fundamental analysis which uses "external" inputs, such as balance sheets etc. in order to make decisions.

Cut it down to just price for the sake of simplicity, otherwise we may discuss different combinations of market inputs forever.

 

[Pekelo]

Quote from R. Raskolnikov:

Her physical appearance does not show up in the video, you must not have looked at it.

I was wondering about the same...

Her picture is on the TST website under Coaches though...

 

[R. Raskolnikov]

True, but he could have mentioned that when you originally posted the TST thing last night. Instead, he thought it was "funny!" how much she looks like LBR when you posted a video in which her appearance is never shown.

He clearly did not watch it and does not want to continue in a rational convo about TA since what you posted flies in the face of all that he believes. Changing the subject is a pure deflection technique, which works much better when you don't make a colossal fuck up like he did, LOL

Quote from Pekelo:

I was wondering about the same...

Her picture is on the TST website under Coaches though...

 

[marketsurfer]

Quote from R. Raskolnikov:

Her physical appearance does not show up in the video, you must not have looked at it.

Your pattern recognition skills are severly lacking so .....


Let me google that for you

http://bit.ly/U27guw

Surf

 

[R. Raskolnikov]

Your back peddling skills are pretty weak, Surf. You were better off just moving on

Speaking of, what say you concerning her being a successful, 15 year TA trader?

Quote from marketsurfer:

Your pattern recognition skills are severly lacking so .....


Let me google that for you

http://bit.ly/U27guw

Surf

 

[NoDoji]

Quote from Pekelo:

...a method of analyzing markets using momentum patterns while combining multiple charting time frames to confirm market trend to help give traders an edge on being on the profitable side of the trade and avoid over-trading."

This is my core trading strategy.

I haven't had a losing day since the last time I had major connectivity issues and stopped trading early that day.

 

[R. Raskolnikov]

Same here, more or less

Quote from NoDoji:

This is my core trading strategy.

 

[Pekelo]

Quote from R. Raskolnikov:

He clearly did not watch it

Oh I know. He posted in 3 minutes after my link, hardly enough to watch a 1 hour video...

 

[R. Raskolnikov]

Well, in fairness to Surf, he could have fast forwarded thru it in less than 3 mins but we know he didn't even do that

Quote from Pekelo:

Oh I know. He posted in 3 minutes after my link, hardly enough to watch a 1 hour video...

 

[marketsurfer]

Quote from R. Raskolnikov:



Speaking of, what say you concerning her being a successful, 15 year TA trader?

No clue. I never heard of her prior to this weekend--- a brief glance reveals she runs a chat room--- This is common for TA high priests for some reason. I do find the resemblance to LBR remarkable.

surf