Is there a need for a T.A.? - page 8

 
FAGOTT:

slander of financial mathematics! Don't you dare! Where did you read that?


In books on financial mathematics, they start with this hypothesis.

Quote from wikipedia:

The efficient market hypothesis is often seen as one of the central ideas of modern finance theory

https://ru.wikipedia.org/wiki/%D0%93%D0%B8%D0%BF%D0%BE%D1%82%D0%B5%D0%B7%D0%B0_%D1%8D%D1%84%D1%84%D0%B5%D0%BA%D1%82%D0%B8%D0%B2%D0%BD%D0%BE%D0%B3%D0%BE_%D1%80%D1%8B%D0%BD%D0%BA%D0%B0

 
leman:
If you know how to use TA, you make money.


I've never met anyone like that. And I do not believe in them. They exist in legends. Or on forums - when someone says they know how to do it but aren't going to show their report because..........

There aren't any. And you don't need to know TA to make money.

 
sak120:


You misunderstood - the system will fail in the tester and in real life, as we pay commission=spread for each trade.

Without the spread, the system will be profitable :) - This is what disproves the efficiency of the market.


The success or failure of an individual TS neither proves nor disproves anything
 
sak120:


In financial matematics books, they start with this hypothesis.

Quote from wikipedia:

The efficient market hypothesis is often seen as one of the central ideas of modern finance theory

https://ru.wikipedia.org/wiki/%D0%93%D0%B8%D0%BF%D0%BE%D1%82%D0%B5%D0%B7%D0%B0_%D1%8D%D1%84%D1%84%D0%B5%D0%BA%D1%82%D0%B8%D0%B2%D0%BD%D0%BE%D0%B3%D0%BE_%D1%80%D1%8B%D0%BD%D0%BA%D0%B0


the source is not stated. Nor does it say that the future cannot be determined from the past. "all material information is immediately and fully reflected in the market price of securities".
 
FAGOTT:


I've never met one. And I don't believe in them. They exist in legends. Or on forums - when someone says they know how to do it but aren't going to show their report because..........

There aren't any. And you don't need to know TA to make money.

And who says you can't make money without knowing TA? But what does this have to do with the TA's ability to work?
 
FAGOTT:

The success or failure of an individual TS neither proves nor disproves anything

Moreover, there are an infinite number of such systems, and they earn stably on the entire history, but without taking into account commissions. For example, for eur/usd about several hundreds points per month.
 
leman:
Who says you can't make money without knowing TA? But what does this have to do with the TA's capacity to work?

I am saying that TA does not work. You said he who knows how to use TA earns money. Right?
 
sak120:


In financial matematics books, they start with this hypothesis.

Quote from wikipedia:

The efficient market hypothesis is often seen as one of the central ideas of modern finance theory

https://ru.wikipedia.org/wiki/%D0%93%D0%B8%D0%BF%D0%BE%D1%82%D0%B5%D0%B7%D0%B0_%D1%8D%D1%84%D1%84%D0%B5%D0%BA%D1%82%D0%B8%D0%B2%D0%BD%D0%BE%D0%B3%D0%BE_%D1%80%D1%8B%D0%BD%D0%BA%D0%B0

For connoisseurs of terver there is the notion of fair play...

;)

 
FAGOTT:

the source is not given. Nor does it say that it is impossible to tell the future from the past. "all material information is immediately and fully reflected in the market price of securities".

It's all there.

You can look up the links in English

https://en.wikipedia.org/wiki/Efficient-market_hypothesis

 
sak120:

Of course it is. Moreover, there are an infinite amount of such systems and they earn stably on the whole history, but without taking into account commissions. For example, for eur/usd several hundreds points per month.


How come? There is a commission in the market! It is like a business which is profitable without taxes and unprofitable with taxes.

If the TS is profitable, but taking into account the spread, it is unprofitable, so the TS is unprofitable. Right?