SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical Analysis - Beginners
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Christopher who wrote (10549)6/6/1999 4:33:00 PM
From: CatLady  Read Replies (1) of 12039
 
Christopher,

A number of points I'd like to comment on.

1. Individuals do not operate with the same constraints that institutions do. A fund running hundreds of millions of dollars cannot trade in and out of a stock the way an individual can. My trading of hundreds of shares isn't going to move a stock the way a fund trading tens of thousands of shares does. Also, historically most funds underperform market averages. So I'm not willing to take conclusions drawn from the study of how funds operate as necessarily relevant to what I do.

2. You claim to be a successful trader (I've no reason to doubt you. ) I would prefer to hear about techniques that you have found to be of value rather than theories that you've read about in a book but don't use yourself. Or at least, I ask that you make it clear which is which in your writing. I simply can't tell from your writing what is important to your style. I think that is what put some of the others off, that you seemed to be "lecturing" about specific techniques that you don't use yourself.

3. You say you look for price to give a signal, not an indicator. That is terminology that I have not heard used before. I am thinking that what you mean by this is price moving through a support or resistance level or breaking a trend line. I can't disagree with that notion, but it is a lot harder to test and validate than indicator type systems. And I agree with Richard on the importance of quantitative testing of TA ideas. I read lots of books to. But I don't necessarily accept everything I read as valid or relevant to what I do until I can test and verify for myself.

4. Re: "The study of TA is all about trend reversal." I say it is broader than that. I say it is about finding patterns in price movements.

CL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News