Does technical analysis work or not?

This is a discussion on Does technical analysis work or not? within the Technical Analysis forums, part of the Methods category; That's a no then....

View Poll Results: Does technical analysis work in your opinion?
It does 26 52.00%
It doesn't 12 24.00%
No foggest clue 5 10.00%
What's technical analysis? 7 14.00%
Voters: 50. You may not vote on this poll

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Old Aug 22, 2017, 4:56pm   #417
Joined Sep 2010
That's a no then.
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There’s no right or wrong, just winning or losing
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Old Aug 22, 2017, 5:07pm   #418
Joined Apr 2016
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Originally Posted by brewski1984 View Post
That's a no then.
Anything that has values takes work. Anything that requires no work, such as head and shoulders, support, resistance generally have no value. In special circumstance, those might have value - for instance if you know where the noobies are going to get robbed, the information may have a use.
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Old Aug 22, 2017, 5:28pm   #419
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Originally Posted by David Knight View Post

Members like you literally do a diservice to beginners and those who are struggling. As I said before, one of the reasons traders fail is because they ask advice from those least qualified to give it.

adult?.
Reread your posts , with 1 st post of bs , you try to teach a grandmother how to suck eggs.
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Old Aug 22, 2017, 6:33pm   #420
NVP
 
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TA works as good as anything else ..........we humans have a great way of making things much more complicated than they need to be .........so why should trading be any different ?

N
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Old Aug 22, 2017, 6:57pm   #421
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Originally Posted by NVP View Post
TA works as good as anything else ..........we humans have a great way of making things much more complicated than they need to be .........so why should trading be any different ?

N
Because in trading , the human brain is wired to lose , in other professions they don't have to deal with changing maps of t/a , other professions have fixed variables e.g accountancy ,law etc.Of course , we can change trading strategies to suit the human brain , like I do .

In the trading industry 95 % lose , in accountancy the success rate is much higher .

http://www.accaglobal.com/uk/en/stud...nal-exams.html


Other professions have several years of studies , after A levels .In trading we have a weekly seminar for $5,000 , punter is ready for the casino , to learn 10 years of trading education in a seminar of a few days.

All the 95 % teach and preach to the new 95%.Qualified people with professional qualifications teach other professions.
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Old Aug 22, 2017, 7:09pm   #422
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Trading is in fact very simple and very easy to learn: buy low sell high. For that reason, the merchants decided to make it more difficult and more profitable. So they tell people to learn TA. Through TA, 99% of the people lose their shirts to the merchants.
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Old Aug 22, 2017, 7:11pm   #423
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Originally Posted by EnlightenedJoe View Post
Trading is in fact very simple and very easy to learn: buy low sell high. For that reason, the merchants decided to make it more difficult and more profitable. So they tell people to learn TA. Through TA, 99% of the people lose their shirts to the merchants.
show me the money from trading t/a and market timing , in advance with live calls.
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Old Aug 22, 2017, 7:14pm   #424
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Originally Posted by foroom lluzers View Post
show me the money from trading t/a and market timing , in advance with live calls.
Well the new guy who claimed it works is showing a loss today.
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