Do large banks and institutions use TA to profit?

Discussion in 'Technical Analysis' started by londonkid, Sep 22, 2015.

  1. Autodidact

    Autodidact

    Banks/Firms have all sort of resources and types, TA, Statisticians, Quants, Mathematicians, Economists, etc.
     
    #81     Sep 23, 2015
    romik likes this.
  2. Turveyd

    Turveyd

    Your mom, lost the first 4 trades in a row and that proves short term doesn't work.

    I make money off short term, not loads sadly, still working upto that sadly.
     
    #82     Sep 23, 2015
  3. You wished: They are nowadays called "facilitation desks", at least on the equity side. They are supposed to only warehouse larger blocks of shares that clients try to get rid of but in reality the desks take directional views, trade index arb books to disguise intraday buying and selling (long sell hence the index arb book), and a myriad of other vehicles to take on prop positions. It is very hard to differentiate between true prop positions and "managing client trades", even for their internal risk managers and compliance officers. The same game goes on at banks just under a different name.

     
    #83     Sep 23, 2015
  4. I have to full heartedly agree with that.

     
    #84     Sep 23, 2015
    marketsurfer likes this.
  5. Buy1Sell2

    Buy1Sell2

    EXACTLY RIGHT
     
    #85     Sep 24, 2015
  6. Buy1Sell2

    Buy1Sell2

    INCORRECT
     
    #86     Sep 24, 2015
    lawrence-lugar likes this.
  7. Sergio77

    Sergio77

    Let him dream. He wants to become a CTA probably with a moving average, a filter and maybe a backtesting arcade.

    [​IMG]
     
    #87     Sep 25, 2015
    volpunter and lawrence-lugar like this.
  8. Turveyd

    Turveyd

    Lol that means im right and lawrence agreeing with you verifies it, total idiot!
     
    #88     Sep 25, 2015
  9. romik

    romik

    Technical analysis is all to do with price oscillations/trends forecasting, you don't have to use any indicators, again apples and oranges, you keep referring to TA as if it was a marketing tool kit full of indicators, etc. If your trade decisions are based on price performance, then you are using TA.
     
    #89     Sep 25, 2015
  10. Turveyd

    Turveyd


    So everyone that ever looks at a chart is using TA, errrr,NO comes to mind.
     
    #90     Sep 25, 2015