Post
Topic
Board Speculation
Re: Something, something, something, technical analysis
by
oda.krell
on 24/06/2014, 12:34:10 UTC
His paradigm is still beyond your grasp.  Grin
I'm not against new hypotheses, but TA is simply pattern seeking behavior with no utility. I have my own Bitcoin pseudoscience I call "Rule of Thirds and Superstitious Numbers." It's just as useful as TA. I just don't take it seriously.

Right. It's moments like this when I understand the point of self-moderated threads (I still intensely dislike them, though).

I'm still waiting for you to make a coherent point of why you consider TA a "pseudoscience". Is it because of the EMH, that the market is essentially a random walk? Or because "regular" TA, i.e. chart analysis and discretionary trading, is difficult to test (in which case fully automated systems that can be tested shouldn't fall under your dismissive definition, right?).

In any case, it's pretty clear to me you're not actually trying to engage in an (admittedly interesting) discussion about the validity of TA, but are rather interested in getting a rise out of other users. Which is kind of... boring. So unless I'm going to see a post from you on this topic with a minimal amount of effort put into it, I'll file this under trolling.