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dorramide7
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Hi! I'm from London! Thanks for sharing this information! It's great!
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Technical Analysis: Is it voodoo? Or does it work?
dorramide7 replied to Soultrader's topic in Market News & Analysis
all studies of price/volume, or aggregates of same (tick, etc.) are TA. asking if TA works is like asking if surgery works - sometimes, and if in the right hands. but it's not 100% and there is a fair amount of subjectivity to decisions the one thing that drives me NUTS is when people say that technical analysts believe, or that TA implies that ALL knowledge is "priced in". that's stupid. all that is necessary for TA to work is that enough information is "priced in" such that one can make plays with positive expectancy. it does not follow that ALL fundies etc. are priced in. that's as absurd as efficient market theory is absurd,and for the same reasons.