Technical analysis philosophy

Discussion in 'Trading' started by 4444, May 28, 2007.

  1. 4444


    The only reason why technical analysis works is because people follow technical analysis.

    What are your opinions?
  2. It seems to be a self-fulfilling prophecy, some of the time, not all of the time. You still have to apply money management rules to limit your losses and maximize your gains. Technical analysis won't do that for you.
  3. That's kind of silly...using volume is TA, are you saying there is only more volume when people using TA see there is more volume? :p

    There are a million other examples like that...your premise is silly.