A free, complete guide to Technical Analysis
zerodha.com
A free, complete guide to Technical Analysis
1–10 of 52 posts
Re: A free, complete guide to Technical Analysis
#2Funny, I read this is as a free and complete guide to the effects of confirmation bias.
A free and complete guide to bullshit is just bullshit.
Technical analysis is a farce.
Re: A free, complete guide to Technical Analysis
#3Funny, I read this is as a free and complete guide to the effects of confirmation bias. A free and complete guide to bullshit is just bullshit. Technical analysis is a farce.
Its free to support their main business. Zerodha looks to be a brokerage.
Re: A free, complete guide to Technical Analysis
#4It's not complete bullshit, just unusable for trading nowdays: these algorithms that found trends worked until better algorithms were used:
http://en.wikipedia.org/wiki/Technical_analysis#Scientific_T... The results were positive with an overwhelming statistical confidence for each of the patterns using the data set of all S&P 500 stocks daily for the five year period 1992-1996.
Re: A free, complete guide to Technical Analysis
#5It's not complete bullshit, just unusable for trading nowdays: these algorithms that found trends worked until better algorithms were used: http://en.wikipedia.org/wiki/Technical_analysis#Scientific_T... The results were positive with an overwhelming statistical confidence for each of the patterns using the data set of all S&P 500 stocks daily for the five year period 1992-1996.
> It's not complete bullshit
The fact that line even has to be used is a massive red flag.
> overwhelming statistical confidence for each of the patterns using the data set of all S&P 500 stocks daily for the five year period 1992-1996.
And tech VCs investing in anything from 1995-2000 were positive with an overwhelming statistical confidence that their portfolios were anything but randomly chosen.
Re: A free, complete guide to Technical Analysis
#6Funny, I read this is as a free and complete guide to the effects of confirmation bias. A free and complete guide to bullshit is just bullshit. Technical analysis is a farce.
Like most things in life, it isn't quite that simple. There are real inefficiencies in the market which can be highlighted by TA. TA can also be considered a form of Statistical Arbitrage and vice versa.
A simple example: There are many traders out there using TA, if sufficient numbers of them start following the same signals then real market impact occurs. You can use TA to establish what signals they are using and then front run them. This shows that TA has real power in some circumstances and there are many more out there.
I could go into a lot more detail, but am pressed for time at the moment.
Re: A free, complete guide to Technical Analysis
#7Funny, I read this is as a free and complete guide to the effects of confirmation bias. A free and complete guide to bullshit is just bullshit. Technical analysis is a farce.
Its free to support their main business. Zerodha looks to be a brokerage.
Gotta keep the plebs trading. How else will they make bank?
Re: A free, complete guide to Technical Analysis
#8Funny, I read this is as a free and complete guide to the effects of confirmation bias. A free and complete guide to bullshit is just bullshit. Technical analysis is a farce.
Its free to support their main business. Zerodha looks to be a brokerage.
So, baiting more suckers, I mean, "day traders".
Re: A free, complete guide to Technical Analysis
#9It's not complete bullshit, just unusable for trading nowdays: these algorithms that found trends worked until better algorithms were used: http://en.wikipedia.org/wiki/Technical_analysis#Scientific_T... The results were positive with an overwhelming statistical confidence for each of the patterns using the data set of all S&P 500 stocks daily for the five year period 1992-1996.
> The results were positive with an overwhelming statistical confidence for each of the patterns using the data set of all S&P 500 stocks daily for the five year period 1992-1996.
Looks a bit like cherry picking
Re: A free, complete guide to Technical Analysis
#10Funny, I read this is as a free and complete guide to the effects of confirmation bias. A free and complete guide to bullshit is just bullshit. Technical analysis is a farce.
Like most things in life, it isn't quite that simple. There are real inefficiencies in the market which can be highlighted by TA. TA can also be considered a form of Statistical Arbitrage and vice versa. A simple example: There are many traders out there using TA, if sufficient numbers of them start following the same signals then real market impact occurs. You can use TA to establish what signals they are using and…
> Like most things in life, it isn't quite that simple.
Like most things in life, technical analysis is bullshit.
> There are real inefficiencies in the market which can be highlighted by TA. TA can also be considered a form of Statistical Arbitrage and vice versa.
Stat arb is not what is commonly known as technical analysis. They are distinct.
> A simple example: There are many traders out there using TA, if sufficient numbers of them start following the same signals then real market impact occurs. You can use TA to establish what signals they are using and then front run them. This shows that TA has real power in some circumstances and there are many more out there.
Keynesian beauty contests do not provide consistent alpha. If they did, we'd see fewer VCs flame out.