[Mark1808]

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Then don't use TA.

THE HUN.

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I don't. I am trying to do my best as a good American to see that impressionable young investors don't waste their time and resources on drival.

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Go [censored] yourself. TA is profitable.

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If TA is so profitable why are you so angry? I'm not mad that you think FA is not as good as TA. Wanna know why? Cuz I'm doing fine and you can think whatever you want.

TA is a losers game when you consider trading costs and taxes. Short term market movements are not predictable.

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this is fairly closed minded.

if you can ascertain methodologies to extract value consistently then go ahead. it is possible that TA is unwittingly doing this in terms of the psychological aspects that humans exhibit when doing things like trading/gambling etc.

i just don't think that aside from that possibility, there is any logic behind TA. i have recruiters from prop trading firms calling me fairly regularly now and it seems unbelievably shady. all of them use TA. obviously there are reasons there aside from this argument but just thought i'd throw that out there (i.e. i'm not using it as evidence b/c it isn't).

Barron

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While I may be a close minded individual my mind will usual open to facts and supporting evidence. I see none for TA. TA preys on those who think a quick easy buck is possible. I personally think it is a scam to try and convince Joe Blow he can make money short term trading the market. The market has exhibited positive variance in recent years, many "experts" will one day soon find out they don't know as much as they thought. The people I am debating with may very well be making great returns short term trading the market, this does not, however, prove their system is +EV.