The answer you seek is in optioncoach reply. http://www.elitetrader.com/vb/showthread.php?s=&threadid=93470&perpage=1&pagenumber=56 Mark
Huh? If you don't know this you need some remedial trading education. (Actually after commissions futures are negative sum.)
I love it - lets combine two of the most contentious issues into one mega thread: Does TA really work and are futures zero-sum. This thread should last for months!
Topic has already changed from Is technical analysis getting the recognition it deserves in university studies? Soon we'll be talking about Puretick and Jack. Mark
very weak. I was hoping for an answer since the answer would answer the university question. apparently there isn't one. surf
The reason that TA as described here is not taught is that there is really no body of knowledge -- just conjecture, hope, what have you. It doesn't mean that there won't be, however. Over the past fifteen plus years there has been a lot of statistical work done with high-frequency price data, looking at issues such as price formation, market microstructure and volatility. There have been conferences at places like Princeton and Chicago that have looked at some of the results. The statistical tools are not easy to master, but there are statistics courses where they are taught and where they work with financial data.