Why I Don't Believe in TA

[cornix]

Quote from marketsurfer:

THanks. BUt as soon as TA is tested with hard science in a rigerous manner it fails in most cases. Why, if it isnt mystical or intuitive?

surf

Here we are almost into the topic of Maestro's thread again.

Is intuitive equal to "mystical"? Not at all for me. Intuition itself is the objective information, processed by the brain, which just hasn't reached the conscious level yet. To ignore it is to ignore the overwhelming amount of total "processing power" humans possess.

It must be researched and developed, there's a bright future for this area I believe.

 

[cornix]

Quote from kut2k2:


Are you drunk? Cornix is talking about Maestro's lost thread from the reconversion, not this butt-ugly retread anti-TA thread.

Yes, Maestro's thread of course. Not this one, lol.

 

[kut2k2]

Quote from marketsurfer:

THanks. BUt as soon as TA is tested with hard science in a rigerous manner it fails in most cases. Why, if it isnt mystical or intuitive?

surf

Why should anyone ever take you seriously when you dismiss Andrew Lo's excellent academic validation of TA as "flawed" with no evidence of your own?

 

[marketsurfer]

Quote from kut2k2:

Why should anyone ever take you seriously when you dismiss Andrew Lo's excellent academic validation of TA as "flawed" with no evidence of your own?

Do you even know what Lo's study says and discovered? I have met Dr.Lo, he's a great guy--I watched his son who was around 8 at the time beat another chess player far older than he at Niederhoffers house awhile ago. For you and everyone else who.hasnt a clue, here's a decent non academic opinion on the flaws of his paper that the ta brigade use as gospel -- very sad misinterpretation.

http://www.advisorperspectives.com/...n_Andrew_Lo_Legitimize_Technical_Analysis.pdf

Surf

 

[marketsurfer]

Quote from cornix:

I call trades in chat for guys, most of whom are ET members too since the last week. All plain and clear, nothing "mystical" when it comes down to real-time calls. So in favor of TA or against, but there going to be an evidence. Prefer to meet the reality, not hide from it.

Once again, purely anecdotal evidence.

 

[Lucrum]

Quote from marketsurfer:

...Why should I feel compelled to "prove" anything here....

You're constantly demanding others "prove" TA, so why not?

 

[Lucrum]

Quote from marketsurfer:

Once again, purely anecdotal evidence.

Couldn't one say the same thing about your calls/journal?

 

[marketsurfer]

Quote from Lucrum:

You're constantly demanding others "prove" TA, so why not?

This thread is "why I don't believe in TA". Not TA prove yourself.

I could really care less what you believe. Why most people lose and blame themselves rather than fatally flawed methods. All I can do is share what I learned over time. What you do with it is up to you.

 

[marketsurfer]

Quote from Lucrum:

Couldn't one say the same thing about your calls/journal?

Yes

 

[Lucrum]

Quote from marketsurfer:

This thread is "why I don't believe in TA". Not TA prove yourself.

I could really care less what you believe. Why most people lose and blame themselves rather than fatally flawed methods. All I can do is share what I learned over time.




What you do with it is up to you.