technical analysis

Discussion in 'Trading' started by eleanorK80, Nov 12, 2023.

  1. #51     Nov 13, 2023
    SimpleMeLike likes this.
  2. tomkat22

    tomkat22

    #52     Nov 13, 2023
    murray t turtle likes this.
  3. %%
    GO right ahead ;
    I like Rich dennis quote or in some cases a rebuke LOL= ''do your own research'':D:D,:D:D:D:D:D:D:caution::caution:
     
    #53     Nov 14, 2023
    ironchef likes this.
  4. ironchef

    ironchef

    If she admitted, most likely she would get a fine and let go. Few insider trading sinners went to jail if they admitted.
     
    Last edited: Nov 14, 2023
    #54     Nov 14, 2023
  5. %%
    LOL party true;
    but not a logical conclusion. LOL.NO such thing as luck or random; what ''you call luck i calla small sample '' -T Follower+Red socksBoston Nets John Henry. I like the NET bible more than any sports team LOL:D:D,:D:D:D:D:D:caution::caution:
     
    #55     Nov 14, 2023
  6. ironchef

    ironchef

    The won't answer my question. :(
     
    #56     Nov 14, 2023
    murray t turtle likes this.
  7. %%
    OK;
    fine by me+ it answered mine:D:D.Including but limited to charts IBD, more charts. Occasional Bill Gates Notes[free by email on bill gates notes]
     
    #57     Nov 14, 2023
  8. As many have pointed out, this is a pretty dumb debate, but I will bite. We are all arguing over definitions. It’s pretty stupid.

    Here is how I delineate investing. If you use market derived data, meaning price or a derivative of price, such as a technical indicator or correlations, or volatility, that is in the realm of technical analysis. If you use data from the company’s financial statements, such as return on equity or margins, or something like that that is fundamental analysis.

    Technical analysis has earned It’s bad rap in my opinion. the problem as I see it is there is no barrier to bad technical analysis takes. Anybody can throw up a chart and draw on it and act like they are doing technical analysis even if it’s complete bullshit. That being said, that is not the fault of technical analysis, that’s the fault of the analyst.

    Here are some examples in my view that are inarguable “proofs” that TA works.

    CTAs is have a 50 year track record of just following price trends in markets. This is technical analysis.

    The momentum factor is empirically the strongest anomaly academics have found in the asset pricing literature. The momentum factor is technical analysis.

    The low risk/vol/beta factor as applied to equities is another very popular and effective factor for professional investors. Since all we are doing is using a derivative a price a.k.a. volatility that is technical analysis

    Short term reversal factor is another proven financial anomaly. This refers to the observation that very large short term moves tend to mean revert over shorter time frames like a week. This is also TA

    If you say technical analysis doesn’t work, you’re gonna have to explain to me how the above trading strategies many of which are over 50 years old are invalid.
     
    #58     Nov 14, 2023
  9. %%
    MOST all right;
    but its more than >''just following price trends'' even if that's a semi=accurate + profitable summary.
    For example I meant, last post ''including but not limited to price charts'' My bad.
    And while Rich dennis said ''if it doesnt work on bonds + beans we dont want it''
    but I never believed bonds traded like beans exactly. Could use a same % or $top
    And Dave ramsey doesnt ever like bonds ; but likes beans + rice LOL:D:D .Thanks.
     
    #59     Nov 14, 2023
  10. This is why I like to distinguish between "technicals" and "technical analysis".

    Chart-based voodoo is garbage, but quantitative analysis of technical (and fundamental) data is empirically sound.
     
    #60     Nov 15, 2023