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Brad and others

with regard to my 20 month MA example.

I was doing an interview with a reporter who had the belief that technical analysis would not have helped traders

a) prevent losses with the recent downturn

b) profit from the move (they didn't understand short selling)

Their other assumption was that technical analysis was only for short term daytraders.

I quickly put together a long term use for technicals with a simple 20 month MA which produced those 4 trades to help them see that wasn't the case and thought it was an interesting chart.

I agree that there isn't anything significant with the #20. The 50 day MA is a part of my proprietary indicator but only 1 component. And off course moving averages in itself are lagging. But as I said, my prop indicators only use it as a piece.

By selective curve fitting- I do favor it in that I have my own indicators that WILL capture the meat of large trends. I don't know which will offcourse wind up being large.

As an educator, trader, and technician I also hold the belief that I don't make predictions I simply follow price and I never know when an entry will yield a small loss or become a monster trending position. For me its all about playing the percentages and letting my winners run and putting in place systems to do just that while cutting losses small. A trend following system normally has many small losses and a winning percentage somewhere between 35-45%.

<blockquote data-quote="Tradesurfer" data-source="post: 444922" data-attributes="member: 26470">Brad and otherswith regard to my 20 month MA example. I was doing an interview with a reporter who had the belief that technical analysis would not have helped tradersa) prevent losses with the recent downturnb) profit from the move (they didn&#039;t understand short selling)Their other assumption was that technical analysis was only for short term daytraders.I quickly put together a long term use for technicals with a simple 20 month MA which produced those 4 trades to help them see that wasn&#039;t the case and thought it was an interesting chart.I agree that there isn&#039;t anything significant with the #20. The 50 day MA is a part of my proprietary indicator but only 1 component. And off course moving averages in itself are lagging. But as I said, my prop indicators only use it as a piece.By selective curve fitting- I do favor it in that I have my own indicators that WILL capture the meat of large trends. I don&#039;t know which will offcourse wind up being large.As an educator, trader, and technician I also hold the belief that I don&#039;t make predictions I simply follow price and I never know when an entry will yield a small loss or become a monster trending position. For me its all about playing the percentages and letting my winners run and putting in place systems to do just that while cutting losses small. A trend following system normally has many small losses and a winning percentage somewhere between 35-45%.</blockquote>

[QUOTE="Tradesurfer, post: 444922, member: 26470"] Brad and others with regard to my 20 month MA example. I was doing an interview with a reporter who had the belief that technical analysis would not have helped traders a) prevent losses with the recent downturn b) profit from the move (they didn't understand short selling) Their other assumption was that technical analysis was only for short term daytraders. I quickly put together a long term use for technicals with a simple 20 month MA which produced those 4 trades to help them see that wasn't the case and thought it was an interesting chart. I agree that there isn't anything significant with the #20. The 50 day MA is a part of my proprietary indicator but only 1 component. And off course moving averages in itself are lagging. But as I said, my prop indicators only use it as a piece. By selective curve fitting- I do favor it in that I have my own indicators that WILL capture the meat of large trends. I don't know which will offcourse wind up being large. As an educator, trader, and technician I also hold the belief that I don't make predictions I simply follow price and I never know when an entry will yield a small loss or become a monster trending position. For me its all about playing the percentages and letting my winners run and putting in place systems to do just that while cutting losses small. A trend following system normally has many small losses and a winning percentage somewhere between 35-45%. [/QUOTE]

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