[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 63 KB, 800x500, ariel-rebel-1680x1116-wallpaper-464645.jpg [View same] [iqdb] [saucenao] [google]
8926806 No.8926806 [Reply] [Original]

If TA worked then somebody could just write a computer program to automatically trade based on it and always profit.

But TA doesn't work.

>> No.8926813

>>8926806
When TA works, TA doesn't work.
When TA doesn't work, TA doesn't work.

>> No.8926816

>>8926806
>What is wall street?

>> No.8926818

>>8926806
This

>> No.8926821

>>8926806
TA fags BTFO

>> No.8926828

TA works, when you claim you have created your own indicator, and tell people to buy it from you for 5k$

>> No.8926832

>>8926816
the place where you get laughed at the most when you mention ta

>> No.8926849

>>8926806
you don't have to have it work all the time, just more then average. the question is would an TA bot outperform an index?

The answer is no, and your conclusion is correct if if the reasoning was wrong.

>> No.8926851

>>8926806

They do

>> No.8926854

>>8926806
>If TA worked then somebody could just write a computer program to automatically trade based on it
What makes you think such a program doesn't exist?
>always profit
No, TA doesn't claim to be be right with 100% of trades, TA gives percentages and thus an slight edge for trading.

>> No.8926866

>>8926806
TA is the only tool baka ass retail investors have to translate wallstreet's actions, and the successful ones just find a single niche pattern they manage to figure out in a specific market.
Useless. Wallstreet was on that ML game a decade ago, a TA bot would look like a joke to the proprietary software they have.

>> No.8926868

>>8926806
>what is algorithmic trading

>> No.8926954
File: 83 KB, 685x685, aa.jpg [View same] [iqdb] [saucenao] [google]
8926954

There is a lot of math and some weird mental shit behind TA but when it come to timing the market to buy low sell high or to predict their price at EOY, 2,5.. years later is just pure of luck and there is no guarantee for anything even in the stock market.
And about crypto...well if y willing to loose all of your money then bring it on. But if y want to become rich in one month by day trading or stack up with a bunch under 1$ coin then wish y best luck mah friends.
>90% that y will loose all of your money and stay poor if y do all of those thing but who know m8.

>> No.8926975

there is bots that run on the stock exchange.
Its called algorithm trading. You generally need a maths degree + high performance computing knowledge to get into such jobs.

>> No.8927036

>>8926975
You're like 2 decades behind the times pal

>> No.8927053

>>8926975
Wall Street bots don't trade based off of TA though. They comb through all of the headlines and data from day to day and trade of off that. Imagine if Google or Siri stated trading stocks based off of search results and trending topics. I don't know if it's already been said, but if you mention TA on Wall St you'd get laughed out of the room.

>> No.8927101

>>8926816
People who leverage personal connections into networks and use their considerable financial power to influence events.
Any mathematical strategy with 51%+ win rate is necessarily bound by other factors: time, quantity, what have you. Else there'd be no point doing all the above.

>> No.8927105

it's a self-actualizing meme. beep boop beep boop.

>> No.8927495

>>8926806
If fundamentals worked then somebody could just write a computer program to automatically trade based on it and always profit.

>> No.8927507

DELETE THIS ITS BAD KARMA FOR MY CANDLES

>> No.8927780

There are high frequency trading bots. They don't make money by trying to predict the movement of the market just like TA does, but by ripping of every traders in their path; humans and even other bots.

There are also hybrid AI trading bots. They have different algorithms for different situations. They don't use the market fitness alone, they use everything. Including recent news, google searches, tweets, and even private information harvested by surveillance companies like Facebook.

>> No.8927840

>>8926806
>What are trading bots?

>> No.8928131

>>8927840
They do arbitrage fag

>> No.8928239

>>8926806
>what are quantitative funds
>what is algorithmic trading

>> No.8928281

>>8928131
>implying every single bot runs on the same algorithm

>> No.8928365

>>8926954
bullshit, there is abolutely no math involved in TA.

>> No.8928537

>>8928365
>"no math involved in TA"
>every single indicator is a mathematic formula

Are you retarded?

>> No.8928558

>>8928537
I think what the other guy was saying is that there is a difference between Technical Analysis / chicken bones and Indicators

>> No.8928579

>>8926806
Who’s the semen serpent

>> No.8928611

>>8926806
You don't even know..

>> No.8928636

>>8926813
kek

>> No.8928642

>>8926806
OP is a complete brainlet. Have you heard of HFT and algorithmic trading?