Yeah, more multi-millionaires have been made in the dry cleaning biz than any other business, that's a fact. Well, its "research" but research with the goal of enticing clients to invest-- not make actual buy sell decisions at the firm. The reason they are changing the titles is thst the public is catching on to the TA scam so they add quant to the title to distance themselves--yet remain the same to attract the stragglers who still believe in TA. All i can do is speak the truth to try to help a few folks out. Take it or leave it, my brother Hampton PS-- if you are not a paid writer, you should be-- surprised if you haven't been recruited yet from this site as I was in 2003.
Joe asked me once to be a moderator...I turned down the offer because I was already a moderator at a competing forum. Didn't know until now that this forum may have had or do have people that starts threads or makes replies although I've recently come across some conspiracy theories about Baron doing such. A penny per post ? Listen, I know you're a writer and I've actually have seen some of your past articles on TA...some good stuff. Yet, didn't know you were once recruited here. By the way, I do KNOW for fact there are some firms using their TA/chartist employees to write in industry magazines, newsletters and such that are stored in the lobby of the firm for anyone to read. In contrast, I do KNOW for fact there are some firms that use the "research" of the TA/chartist to give their opinion before a decision to make with everybody's else opinion or analysis although I do NOT know if the research has any weight in the decision process. I was in Europe not too long ago visiting my accountant at a big firm and I did see some of those newsletters laying on the table in the lobby. Secretary offered coffee, donuts and some newsletters to read. More enticed by the coffee and donuts than the newsletter...nothing I have not read before but the coffee was great (first time drinking coffee). I was also in Europe looking at private summer schools for the kids that's close to some of my close relatives (that's when by simple cold became something deadly and I had to be hospitalized). Anyways, I had a quant tell me a year ago about warnings he gave to his boss about certain type of ALGO scans on social media. Boss pass the info to those that make the investment (not trades) decision and it was ignored...costly error for the firm in the millions. My point, I see job titles like quants being put under the umbrella of RESEARCH department just like TA/chartist...that "research" seems to take away the importance of the job. Thus, its not just a TA/chartist issue. Regardless, I'm still bugged out by the job titled "technical analyst/quantitative researcher". Sounds like a cross dresser title. Good night.
I claim most everything you wrote here is utter crap. "TA department" especially made my day. Care to tell all of us which bank, for example, ever maintained a "TA department"? I mean, ever? And you went to Europe to see your accountant where you witnessed a little more of TA goodness? Mate, can you cut the crap for a moment?
I claim you're a lying idiot and worst with poor reading skills. Never claimed a BANK maintained a TA Department. Never claimed to have witness any TA goodness except surf's TA articles were a better read. I do claim the coffee was great you stool (word I learned in the hospital). If you don't know what it means...go look it up yourself. You remind me of the talkative head that was quarantine with me for 3 weeks. She was this French-Indian that spent most of her time on the toilet...took them 3 weeks before deciding to give me a single room (their excuse was that one was not available). Had a great view of the pier.
Quarantined? Even refugees and migrants don't get quarantined, please do not spread your diseases around the world, better to stay at home in that case. On a serious note, you obviously seem to be making up a lot of stuff about TA employees and departments. Sometimes it just becomes too apparent. So which company had TA departments? Care to enlighten us? And no Quant I know anywhere in New York, London, or Hong Kong I happen to know carries a title of quant but is a trained technical analyst by training or even passion. Please do not conflate the two: different IQs required, different training, different majors, different job applications, different income, different life.
Your reading skills did not improve. Type in technical analysis/quantitative researcher with a any specific firm names to see what pop up if you don't believe the info posted at the "technical analyst UK" website link I posted. I know, its a weird job title that I can't figure out why some firms use such a title. Can't help you beyond that in your search. Except, I did already give the name of someone and firm with that type of strange title...you probably missed the memo or didn't care to read it. That means you're still a stool. Once you stop lying or creating your own version of the read...I'll stop calling you a stool. P.S. You don't get answers...you screwed that up with your initial lies. Banks with TA Departments...I'm stomped where you got that from in your reading. I still believe surf's TA articles are the better read especially the one about the usefulness of price moving averages or maybe it was about support/resistance ? Hmmm...I get them mixed up because there's many articles about TA by him (not sarcasm). Heck, he even stated for all to read that "The ACD Method" is useful. That's the longest running TA thread at this forum and you guys don't attack it. I wonder why ?
Didn't sound like an apology to me from you for pretending I said something I didn't say when you CLAIMED I said something. By the way, read that website link...I don't think they are lying about those working for top firms and writing TA articles with job titles like for example "technical analyst". In contrast, on linkedIn...I've seen more job titles as "technical strategist" than "technical analyst" and a few with that crazy title as "technical analyst/quantitative researcher" (a oxymoron title to me). If you have a problem with those job titles...sling your crap elsewhere...I didn't create them. As I've already implied...they seem stupid to me but some places obviously interested in cross dressing. Gotta call my girlfriend in Europe before she goes to work...long commute for her and the sunrise will be soon. Rather talk to her than chatting with a poor reading skill liar.
No, but I have a problem that people like you chime in where they truly have no expertise and then they inflate their stories in order to lend them more credibility. You rejected after several requests to name a single company that maintained a TA department, something you claimed. Nothing more to add. Your rejection speaks for itself.
You saying when they change a job title from "technical analyst" into "technical strategist" or into "technical analyst/quantitative researcher" its because TA is a scam doesn't make any sense to me. You read the link I posted...why use a oxymoron job title like the above if TA is a scam ? Why merge TA/chartists into another department ? Why pay them a 6 figure salary if they are a scam ? Surely they can fire or lay off them and then hire someone to analyze fixed income charts for like 30k to do the same work. The guy and firm I specifically mentioned to you...I know him. I knew him many years ago when his job title was as "technical analyst". Then when he was relocated to Europe...his job title changed to "technical strategist". It stayed as such until he transfer (relocated) again and now he works side by side (same office) with quants. His now new job title is "technical analyst/quantitative researcher". That's no little change...that's a huge change (relocation, higher pay, new job title name plate on the desk, better window view, bigger desk and he even has his OWN team at BNP). There's other job titles too I've seen used for him like "Behavior Finance Specialist". They even list his education background "International Federation of Technical Analysts". Not even close considering he was schooled a at very prestigious university in Europe...nothing to do with TA. Think about it carefully, how does someone go from being a "technical analyst" to having his own quant team using his "quant models" ? Like you suggested...maybe its just a "marketing tactic" to bring in more clients although he sits in the back office and doesn't mingle with clients nor write newsletters or company education material...very confusing or very good in-house job promotions. Don't underestimate those TA folks...get a job as a TA/Chartist and in less than 20 years you can one day have your own "quant team". sarcasm