Re: TA doesn\'t work?
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But I believe the way to beat the market is by taking advantage of arbitrage opportunities and value discrepencies. I'm very skeptical that historical price data (TA) has any value in predicting future prices.
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Well, sorry, but that's demonstrably untrue. It's really not that hard to find strategies which are profitable which do nothing but that.
The edges may be small, but they are there.
eastbay
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