Why I Don't Believe in TA

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It's typical of noobs to have a few good trades and declare their system is perfect. It's still early in the year, anything can happen.

Quote from burt_schroder:

Quote from marketsurfer:

These were all prior to the Price Drivers system being perfected as of Jan 1 2013.


Perfected? Bit of a slip, you mean 'tweaked'.

 
Quote from kut2k2:

OK stop. Knock the anti-TA crowd all you want but when you start calling EOD traders "investors", that's going too far. :mad:

No question. The difference between a trade and an investment is a trade has a defined exit win or lose, whereas an investment has no exit plan. It has nothing to do with time in the position.

Make sense?

surf
 
Quote from R. Raskolnikov:

It's typical of noobs to have a few good trades and declare their system is perfect. It's still early in the year, anything can happen.

Yes, you are correct. Its simple so far so good--- little bit of hyperbole on my side, as I am excited about the potential of the system. surf
 
Quote from burt_schroder:

Quote from marketsurfer:

These were all prior to the Price Drivers system being perfected as of Jan 1 2013.


Perfected? Bit of a slip, you mean 'tweaked'.

.

yes, that would be a more appropriate word. thanks, surf:)
 
I should apologize, I didn't mean to say you are a noob, only that the system is a noob.

Quote from marketsurfer:

Yes, you are correct. Its simple so far so good--- little bit of hyperbole on my side, as I am excited about the potential of the system. surf
 
Quote from R. Raskolnikov:

I should apologize, I didn't mean to say you are a noob, only that the system is a noob.

No problem, I understand what you meant and agree with you. Definitely early on the hyperbole! surf:)
 
Quote from R. Raskolnikov:

It's typical of noobs to have a few good trades and declare their system is perfect. It's still early in the year, anything can happen.


Not gonna hold my breath.
 
Quote from Cote Rotie:

It's your contention that she was not a successful trader for 15 years and that she was hired by this hedge fund for reasons other than her trading skills?

I have no clue. Never heard of her. But I did find this info:

The fund did well at first, back in the day, but struggled lately. Data seems to end around April, 2012

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Quote from marketsurfer:

These were all prior to the Price Drivers system being perfected as of Jan 1 2013.

That's a lot of confidence for only 5 weeks of sample data.

We shall review your live calls 11 months from now, see if the enthusiasm remains at such high levels for the rest of 2013.
 
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