trading is a speculation on the price, hence the use of TA investing - the speculation on the value - hence the use of FA QA can be used for both, depending which data to be used the average (if not to say most) retail customer (i do not called them neither traders nor investors since they have no clue what they r doing) does not know how to use neither TA nor FA... and those who do, some day will realize that they confuse analysis with the method what is the difference? : the method of trading (or investing) is about managing the risks, that's why the best analysts (either TA or FA) - lousy traders or investors: just analysis is not enough... why TA is pushed in retail brokerage more than FA ? because it allows to trade on lower time periods those trading more frequently and therefore generating more commissions for the brokers What should average (if not to say most) retail customer learn ? Imho they should learn how to pray...
One of my TA systems is to counter trade against a counter-countertrend method. Sometimes it works quite well!
Lol, fine. The ones that i know all do (about 20 guys or so). In addition, the grandmasters themselves, Soros and Druckenmiller, both use charts and have used technical methods in the past (whether they are still doing so, i don't know, but a pretty good bet to say that they are).
Which reminds me that in his book, Alchemy of Finance, George Soros said he couldn't figure out where the deutschemark was going, so he decided to let the market tell him and started looking for patterns (tech analysis!) on the chart.