Bitcoin Forum

Economy => Trading Discussion => Topic started by: pjwaffle on April 24, 2011, 12:21:26 AM



Title: Looking for someone to give me an ability-based test on Technical Analysis
Post by: pjwaffle on April 24, 2011, 12:21:26 AM
Parameters:

1. I use support/resistance, support/resistance trendlines ONLY. (with the occasional volume or MACD glance for confirmation)
2. I want the test to be as hard as possible
3. I want the test to have a quantifiable grade (eg. 77.9% or 100% (hopefully :D)).
4. The test should be based soley on ability, NOT knowledge.
   EG. When would you trade and not trade this stock. (stockcharthere)
5. You must be an experienced technician.


Title: Re: Looking for someone to give me an ability-based test on Technical Analysis
Post by: fabianhjr on April 24, 2011, 03:32:07 AM
The test is simple, get either to a market simulator or to the real thing and get some money in.
Your score will be the following:
100% for a 160%+ ROI(Congratz, you know your shit!)
90% for a 80% ROI
80% for a 40% ROI
70% for a 20% ROI
60% for a 10% ROI
50% for a 0% ROI(You didn't lose or gained money, inflation and the time spend in this went to the garbage bin)
40% for a -20% ROI
30% for a -40% ROI
20% for a -60% ROI
10% for a -80% ROI
0% for a -100%ROI(You lost everything, it is a shame)

The ROI is the return on investment starting with x dollars at day zero and ending at y dollars at day 365. You may not put more dollars in.
As far as I go, even if I am still not a technical analyst, I have a 10% annual ROI in BMV, Bolsa Mexicana de Valores, so by my system I will have a 60%. Just enough to pass.

Good luck with your trading!


Title: Re: Looking for someone to give me an ability-based test on Technical Analysis
Post by: pjwaffle on April 26, 2011, 11:50:55 PM
The test is simple, get either to a market simulator or to the real thing and get some money in.
Your score will be the following:
100% for a 160%+ ROI(Congratz, you know your shit!)
90% for a 80% ROI
80% for a 40% ROI
70% for a 20% ROI
60% for a 10% ROI
50% for a 0% ROI(You didn't lose or gained money, inflation and the time spend in this went to the garbage bin)
40% for a -20% ROI
30% for a -40% ROI
20% for a -60% ROI
10% for a -80% ROI
0% for a -100%ROI(You lost everything, it is a shame)

The ROI is the return on investment starting with x dollars at day zero and ending at y dollars at day 365. You may not put more dollars in.
As far as I go, even if I am still not a technical analyst, I have a 10% annual ROI in BMV, Bolsa Mexicana de Valores, so by my system I will have a 60%. Just enough to pass.

Good luck with your trading!

What is a good market simulator?


Title: Re: Looking for someone to give me an ability-based test on Technical Analysis
Post by: Garrett Burgwardt on April 26, 2011, 11:53:46 PM
The test is simple, get either to a market simulator or to the real thing and get some money in.
Your score will be the following:
100% for a 160%+ ROI(Congratz, you know your shit!)
90% for a 80% ROI
80% for a 40% ROI
70% for a 20% ROI
60% for a 10% ROI
50% for a 0% ROI(You didn't lose or gained money, inflation and the time spend in this went to the garbage bin)
40% for a -20% ROI
30% for a -40% ROI
20% for a -60% ROI
10% for a -80% ROI
0% for a -100%ROI(You lost everything, it is a shame)

The ROI is the return on investment starting with x dollars at day zero and ending at y dollars at day 365. You may not put more dollars in.
As far as I go, even if I am still not a technical analyst, I have a 10% annual ROI in BMV, Bolsa Mexicana de Valores, so by my system I will have a 60%. Just enough to pass.

Good luck with your trading!

What is a good market simulator?

Some forex clients will give you some trial money, similar to bitcoin testnet.