Why I Don't Believe in TA

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Quote from marketsurfer:

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In almost 9 years of me being on ET I have never pitched anything except the knowledge, education and discussions. If they do not restore the thread I am not coming back.

Cheers,
MAESTRO

P.S. Thank you for your support
 
Quote from marketsurfer:

Yeah, it is very odd the way the TA brigade hangs onto things that simply do not work. They have changed their nomenclature to phrases like "price action" rather than chart patterns etc.

They all claim success with it, but there is no evidence and the clever ones sell guidance in trading rooms with 100's of members hanging on their every word. strange days!
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surf,you constantly dis TA,yet offer nothing in it's place,we get it it you don't like TA,so don't use it,enough already,trading without charts is like driving blind
 
Quote from ammo:

surf,you constantly dis TA,yet offer nothing in it's place,we get it it you don't like TA,so don't use it,enough already,trading without charts is like driving blind
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I have been demonstrating the Price Drivers since Jan 1-- that is an alternative to TA. I just hate to see traders on the wrong road, always wondering why they keep losing, but just keep thinking &doing the same thing over and over again. Just trying to wake people up so that they turn around and get on the right road to success. surf
 
Quote from marketsurfer:

I have been demonstrating the Price Drivers since Jan 1-- that is an alternative to TA. I just hate to see traders on the wrong road, always wondering why they keep losing, but just keep thinking doing the same thing over and over again. Just trying to wake people up so that they turn around and get on the right road to success. surf
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can you give us a quick definition of your price drivers,admit i have heard you mention them but haven't a clue what you mean
 
Quote from ammo:

can you give us a quick definition of your price drivers,admit i have heard you mention them but haven't a clue what you mean
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Its the reasons price moves rather than price itself--- price is the effect not the cause, TA studies the effect-- this makes no sense when you can study the cause of price movement--- fundamental factors, the book, money flows, new, etc are all price drivers. The Price Driver system quantifies these factors and then assigns a bullish or bearish bias to the market prior to the price moving. It predicts unlike TA that reacts after the fact. Hope this makes sense. surf
 
Quote from marketsurfer:

Its the reasons price moves rather than price itself--- price is the effect not the cause, TA studies the effect-- this makes no sense when you can study the cause of price movement--- fundamental factors, the book, money flows, new, etc are all price drivers. The Price Driver system quantifies these factors and then assigns a bullish or bearish bias to the market prior to the price moving. It predicts unlike TA that reacts after the fact. Hope this makes sense. surf
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We're going to hold you to your own standard, surf. We need to see at least 1000 trades based on your price drivers before we can make a judgment.

So how's progress going on your 1000 trades? How many trades so far?
 
Quote from kut2k2:

We're going to hold you to your own standard, surf. We need to see at least 1000 trades based on your price drivers before we can make a judgment.

So how's progress going on your 1000 trades? How many trades so far?
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Its been backtested over 5 years and 1000's of trades. I really don't need your approval or judgement--- read surf's special situation journal to see it work in real time before the fact or don't-- while I am still able to post--- just trying to help. surf
 
Quote from marketsurfer:

Its been backtested over 5 years and 1000's of trades. I really don't need your approval or judgement--- read surf's special situation journal to see it work in real time before the fact or don't-- while I am still able to post--- just trying to help. surf
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You DEMAND proof of TA from others saying you'll accept nothing less than 1000 trades of profitability before you'll accept the TA but now we're just supposed to take your word that PD works with no similar performance stats? Wow.
 
Quote from kut2k2:

You DEMAND proof of TA from others saying you'll accept nothing less than 1000 trades of profitability before you'll accept the TA but now we're just supposed to take your word that PD works with no similar performance stats? Wow.
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I can only explain to you what I have learned over the last 20 years trading. I really don't care if you believe me, follow me, or hate me. Big deal. PD is demonstrated in real time before the fact on my journal, I will continue to do so until I am unable to-- read it and learn or don't. thanks, surf
 
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