What's the Goal of Technical Analysis? Does Technical Analysis Work?

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  • čas přidán 24. 08. 2024

Komentáře • 72

  • @ukspreadbetting
    @ukspreadbetting  Před 5 lety +4

    👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money.
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  • @markyen9626
    @markyen9626 Před 6 lety +151

    3:50 We don’t Trade markets. We only trade the belief in markets!!! I love this quote!!

    • @raby8881
      @raby8881 Před 4 lety +2

      yeah we use common sense

  • @whydotheathensrage
    @whydotheathensrage Před 4 lety +80

    I would never attempt trading without TA, it's like driving blind

    • @Axelrun1994
      @Axelrun1994 Před 4 lety +17

      Like driving forward by only seeing the mirrors. Basically hope you're going in the right direction.

  • @roe2123
    @roe2123 Před 4 lety +19

    Price, momentum & volume.

  • @antonystringfellow5152
    @antonystringfellow5152 Před 4 lety +20

    5:00 Agree 100%!
    Fundamentals ultimately govern the sp but TA can help a lot with timing your entry and exit points.
    I try to keep it simple regarding TA. The biggest moves usually come after news and often that news comes without warning. If the fundamentals are on your side, you need a good reason for not getting into a trade or for exiting a trade. Relying too much on TA often results in missing the biggest moves.
    Fundamentals first, TA second!

  • @michaelr.5676
    @michaelr.5676 Před 4 lety +8

    could listen to this man all day.

  • @tinagomez4418
    @tinagomez4418 Před 7 lety +33

    love this interview and i love this guy. so much knowledge. Thanks for this.

    • @TheStrataminor
      @TheStrataminor Před 6 lety +5

      Yes, one of the few people not full of hot air and BS about the Forex market..it's not easy and this guy brings a professionalism and reality to trading and also hope....that if you work hard and approach with respect, you can take little by little out of the market...

  • @anakinskywalkerrr
    @anakinskywalkerrr Před 3 lety +14

    The force is strong with him

  • @dawidbotes3834
    @dawidbotes3834 Před 7 lety +19

    These videos are priceless. Thanks for sharing it with the world.

  • @noufbouf
    @noufbouf Před 2 lety +5

    you should bring this guy back. An absolute mountain of knowledge

  • @kamran9745
    @kamran9745 Před 3 lety +5

    Historical open to open distributions Volatility (stats) analysis, Implied Volatility (stats) analysis and ATR Volatility (Stats) analysis all comes first to check if the asset has opportunity of making money. Then Idea Generation (gate keeping process). Fundamental analysis, then technical analysis, risk management and a good trading psychology. Day Trading only can be done with high Volatility which is a Portfolio Managers worst enemy but a traders best friends. When Volatility is low you want to increase your time horizon 1-3month trade positions and be a Portfolio Manager!

  • @nayanmipun6784
    @nayanmipun6784 Před 4 lety +12

    The main problem in trading is the consolidating market when the trend is just not clear repetitive exit and entry add to the losses

  • @red149
    @red149 Před 4 lety +9

    Timing the market is the biggest mistake you may make when you trade

  • @spaceoddity2485
    @spaceoddity2485 Před rokem

    i like the way he explains things simply and clearly. shows that he understands his stuff

  • @SatoshiHODL
    @SatoshiHODL Před 4 lety +1

    This dude is poetic in describing TA. Razor sharp theories like a surgeon.

  • @RAHUL___SAINI
    @RAHUL___SAINI Před 2 lety +6

    This man is a legend🔥

  • @KryptoconK
    @KryptoconK Před 2 lety +1

    The best indicator is that of supply and demand looking at the chart

  • @polakman7461
    @polakman7461 Před 3 lety +4

    Great explanation !
    Any book recommendations about Technical analysis ?

  • @mvelongwane4039
    @mvelongwane4039 Před 4 lety +23

    Technical analysis is king. I think most people hate it because they cannot manage their risk properly. Fundemental is like a 1 night stand and Technical is like a long term relationship.

  • @brucegrit8928
    @brucegrit8928 Před 4 lety +5

    Has anyone heard of Marty schwarts?

  • @NewWokeMedia
    @NewWokeMedia Před rokem

    This guy is more knowledgeable of the market than anyone I have ever heard speak on the subject. He said the 100 indicators showed the same as the 20 but the PEOPLE ( market ) said the 100 must be better 🤷‍♂️

  • @jerrymander8020
    @jerrymander8020 Před 4 lety +1

    So nice to hear from an older pro

  • @missing1person
    @missing1person Před 4 lety +10

    The host is too darn cutttte!

  • @SSEnrich
    @SSEnrich Před 3 lety +1

    Which momentum indicator works the best I don't know, but I like ROC the best. RSI seems a bit slow to me. Takes a long time to get up really high or loe.

  • @mohfx
    @mohfx Před rokem +2

    This man is a legend

  • @bossmanfbi9451
    @bossmanfbi9451 Před 4 lety +1

    I am watching video after two years thanks it mean alot

  • @socrates_the_great6209
    @socrates_the_great6209 Před 4 lety +3

    Damn an experienced man!

  • @breakaway2181
    @breakaway2181 Před 4 měsíci

    Time is the easiest variable to define.

  • @simonbentley5719
    @simonbentley5719 Před 4 lety

    Good divergence indi ... PPO
    Disparity
    Force... Both on 8

  • @noticiasdeultimahora8290
    @noticiasdeultimahora8290 Před 7 lety +12

    where can I get mentored by this guy in South Africa?

  • @nicholasdaley3170
    @nicholasdaley3170 Před 5 měsíci

    Would listen to this all day

  • @apathyreview3964
    @apathyreview3964 Před rokem

    In my humble opinion... Technical analysis is more pragmatic and less interested and affected by market sentiment. And of course fundimentals just feed into technical analysis anyway. They are not really seperate. Technical analysis is just a way of trying to quantify and apply qualititive and statistical analysis to a range of data and variables. Reproducibility is something that for me is at the heart of it. And that's what makes the difference between tea leaves and true technical analysis. RESULTS. For me the quest is to reach a point where the strength of the algorithm can mitigate losses due to different types of market volatility.

  • @overcastfriday81
    @overcastfriday81 Před 4 lety +2

    If all rech indicators can do the same thing,...backtesting actual trades on thoee indicators should produce roughly the same results. They don't. So yes, a package with 100 indicators will more likely offer a more profitable system than one with twenty. For example, not all moving averages are created equal. Some are clearly superior to others.

  • @robertosoto8580
    @robertosoto8580 Před 2 lety

    And how do we explain sudden reversals without divergences ? 😉😉

  • @albertlabos8400
    @albertlabos8400 Před 4 lety

    Marvellous, keep it up.

  • @61984sd
    @61984sd Před 4 lety +3

    That sweating it out bit sounds familiar☠️

  • @bearwolffish
    @bearwolffish Před 3 lety

    6:47 Spot on.

  • @user-zh5mp5zt4c
    @user-zh5mp5zt4c Před rokem +1

    Technical astrology

  • @aryhandler
    @aryhandler Před 5 lety +3

    Who is this guy?

  • @charlesugo2999
    @charlesugo2999 Před 11 měsíci

    5:04 Point to note

  • @komenkemprai5222
    @komenkemprai5222 Před 3 lety

    An experienced man.

  • @seiv16
    @seiv16 Před 3 lety

    this man is a legend

  • @whatnextkai1294
    @whatnextkai1294 Před 3 lety +1

    1 or 2% on a trade? nah let’s put the whole company in!

  • @michaelphillips216
    @michaelphillips216 Před 2 lety +2

    Learn pattern recognition, Elliot wave and use trendlines....swing trade with risk management as your first priority...and HODL.bitcoin 😆

  • @felicitymabudusha4761
    @felicitymabudusha4761 Před 4 lety

    Very good!

  • @michaelgabrielcube233
    @michaelgabrielcube233 Před 11 dny

    Technical analysis is like algebra, I mean how does it even makes sense? because it works

  • @Ostarrichi996
    @Ostarrichi996 Před 6 lety

    ok

  • @atibabba
    @atibabba Před 4 lety

    I think he forgot to mention the News Reports.

  • @harrykrish9977
    @harrykrish9977 Před 4 lety

    💯 Honest man 😍

  • @yamaha893
    @yamaha893 Před 4 lety

    no

  • @carot2003
    @carot2003 Před 6 lety

    There are always interesting people on here. Cheers..

  • @wongcheukkwan
    @wongcheukkwan Před 6 lety +5

    I used technical analysis as a measure of risks. It is no good to buy when the RSI is too high. Why not wait for it to come down? When the RSI is very high, why not sell some of the stocks in order to increase the cash holding? If the prices continue to fall below the 10-day, 20-day MV, consider selling some portions of stocks. This is a way of controlling risks. It is not possible to gain big big money with technical analysis alone. Using Warren Buffett's value investment methods, one can make big money.

    • @mikebasketball11
      @mikebasketball11 Před 5 lety +3

      Then how do you explain the purely technical traders making millions in their twenties? Sincerely asking.

  • @lisemariecaron7498
    @lisemariecaron7498 Před 4 lety +2

    Divergeance, i hearn another pro say that, Steve Kalashjian, ye i believe he speak out knowledge, i have stil to learn so mush hehe, interesting talks!!!!

    • @Wavetheory85
      @Wavetheory85 Před 4 lety +1

      Look at Costco monthly divergence on RSI right now. It hasn't played out but it will in a few months. Great for confirmation prior to entering a trade after doing your TA. Check ROKU on the daily and weekly and monthly and see price. Elliot wave theory is god mode as well - youtube trade devils

  • @anwarabd2016
    @anwarabd2016 Před 3 lety

    her smile looks a lot like Emily Clarkes

  • @user-nu2vc9mp5j
    @user-nu2vc9mp5j Před 6 lety +2

    this is basic info.....barely tip of ice burg

  • @joecater894
    @joecater894 Před 2 lety

    you just have to do a lot of it...

  • @peppercorn4196
    @peppercorn4196 Před rokem

    Start to count Eliot 💀💀💀

  • @xXJD369xX
    @xXJD369xX Před 5 lety +6

    markets are efficient, technical analysis is bs

  • @Brownismyname
    @Brownismyname Před 4 lety +1

    old man's losing his marbles !