chump
todays post from you......"hence no stoploss required"
I tend to use it in a technical sense. No-one apart from yourself has differentiated it, and it seemingly adds a layer of complexity to a "general" discussion on efficiency, and inefficiency.
However point taken.
have you got the references for the handful of FA traders you supplied
SEC 10K's, audited returns and annual reports.
I'm not sure I have the will to keep on with this ..but just one last go ...you are not on your own planet...at some point if you wish to profit a large enough portion of the market is going to have to agree with you...arguably when that portion becomes too large you are going to see that reflected in your fundamental data and you will be out of that trade and who will you be selling to...in your terms I suspect you mean the 'herd' ..the irrational ....big problem with that argument though for you..do you see it yet..may be not so I will help...the 'herd' are the 10's of millions who 'blindly' put their money under third party management ..but historically this third party management has been fundie managed investment funds and even though there is more TA practitioners in those today than there used to be they are still not overwhelmingly TA ...and there is your problem...if FA was so good you would be 'dead' in the water...
Exactly.............and what do the herd watch?
They watch the short-term sentiment, however they measure that.
And when the short term sentiment improves, suddenly, what was out of favour, for whatever reason, is now flavour of the month again.
This assumes of course that the business is solid.
However in workouts, sentiment etc, is irrelevant, only in generals, does this exert an influence
Replies based on TW2 membership is not going to give you the ammo on this one...most of the memebership we don't know anything about..they don't contribute other than to read ..and even then they are an irrelevant drop in the bucket when compared to the real money that drives the markets..the funds !
Agreed, I simply said it would be interesting if honest answers could be elicited, that it would provide potentially a snapshot, of the market.
No, the answer is still the same ..use whatever methodology you want ,but make sure it incorporates a winning strategy (or more than one) and then control the only thing you can control ...yourself ...choice of methodology is the least important factor in the equation.
Here I disagree.
The methodology is of over-riding import. Far more important than the individual, although individual skill levels on an individual basis will exert an important influence on the results ultimately within the methodology chosen.
cheers d998