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

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  • Опубликовано: 24 ноя 2024

Комментарии • 75

  • @ukspreadbetting
    @ukspreadbetting  5 лет назад +4

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  • @markyen9626
    @markyen9626 6 лет назад +159

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

    • @raby8881
      @raby8881 5 лет назад +2

      yeah we use common sense

  • @whydotheathensrage
    @whydotheathensrage 5 лет назад +81

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

    • @Axelrun1994
      @Axelrun1994 5 лет назад +19

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

  • @noufbouf
    @noufbouf 2 года назад +5

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

  • @antonystringfellow5152
    @antonystringfellow5152 5 лет назад +23

    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!

  • @roe2123
    @roe2123 5 лет назад +21

    Price, momentum & volume.

  • @michaelr.5676
    @michaelr.5676 4 года назад +9

    could listen to this man all day.

  • @anakinskywalkerrr
    @anakinskywalkerrr 3 года назад +14

    The force is strong with him

  • @kamran9745
    @kamran9745 3 года назад +6

    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!

  • @spaceoddity2485
    @spaceoddity2485 Год назад +1

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

  • @nayanmipun6784
    @nayanmipun6784 5 лет назад +13

    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 5 лет назад +9

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

  • @dawidbotes3834
    @dawidbotes3834 7 лет назад +18

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

  • @mvelongwane4039
    @mvelongwane4039 5 лет назад +26

    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.

  • @tinagomez4418
    @tinagomez4418 7 лет назад +33

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

    • @TheStrataminor
      @TheStrataminor 6 лет назад +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...

  • @SatoshiHODL
    @SatoshiHODL 4 года назад +1

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

  • @NewWokeMedia
    @NewWokeMedia Год назад

    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 🤷‍♂️

  • @RAHUL___SAINI
    @RAHUL___SAINI 2 года назад +6

    This man is a legend🔥

  • @polakman7461
    @polakman7461 4 года назад +5

    Great explanation !
    Any book recommendations about Technical analysis ?

  • @KryptoconK
    @KryptoconK 2 года назад +1

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

  • @missing1person
    @missing1person 4 года назад +10

    The host is too darn cutttte!

  • @apathyreview3964
    @apathyreview3964 Год назад

    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.

  • @SSEnrich
    @SSEnrich 3 года назад +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.

  • @jerrymander8020
    @jerrymander8020 4 года назад +1

    So nice to hear from an older pro

  • @nicholasdaley3170
    @nicholasdaley3170 8 месяцев назад

    Would listen to this all day

  • @brucegrit8928
    @brucegrit8928 5 лет назад +5

    Has anyone heard of Marty schwarts?

  • @noticiasdeultimahora8290
    @noticiasdeultimahora8290 7 лет назад +12

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

  • @breakaway2181
    @breakaway2181 8 месяцев назад

    Time is the easiest variable to define.

  • @overcastfriday81
    @overcastfriday81 5 лет назад +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.

  • @bossmanfbi9451
    @bossmanfbi9451 5 лет назад +1

    I am watching video after two years thanks it mean alot

  • @simonbentley5719
    @simonbentley5719 5 лет назад

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

  • @whatnextkai1294
    @whatnextkai1294 3 года назад +1

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

  • @socrates_the_great6209
    @socrates_the_great6209 4 года назад +3

    Damn an experienced man!

  • @bearwolffish
    @bearwolffish 3 года назад

    6:47 Spot on.

  • @romanmorales3325
    @romanmorales3325 Месяц назад

    He is a real deal❤

  • @robertosoto8580
    @robertosoto8580 3 года назад

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

  • @michaelphillips216
    @michaelphillips216 3 года назад +2

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

  • @charlesugo2999
    @charlesugo2999 Год назад

    5:04 Point to note

  • @シンジ-o6d
    @シンジ-o6d Год назад +1

    Technical astrology

  • @61984sd
    @61984sd 5 лет назад +3

    That sweating it out bit sounds familiar☠️

  • @komenkemprai5222
    @komenkemprai5222 3 года назад

    An experienced man.

  • @hectordsd
    @hectordsd 3 года назад

    this man is a legend

  • @wongcheukkwan
    @wongcheukkwan 6 лет назад +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 5 лет назад +3

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

  • @albertlabos8400
    @albertlabos8400 4 года назад

    Marvellous, keep it up.

  • @michaelgabrielcube233
    @michaelgabrielcube233 3 месяца назад

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

  • @aryhandler
    @aryhandler 5 лет назад +3

    Who is this guy?

  • @harrykrish9977
    @harrykrish9977 5 лет назад

    💯 Honest man 😍

  • @felicitymabudusha4761
    @felicitymabudusha4761 5 лет назад

    Very good!

  • @atibabba
    @atibabba 4 года назад

    I think he forgot to mention the News Reports.

  • @user-nu2vc9mp5j
    @user-nu2vc9mp5j 6 лет назад +2

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

  • @Ostarrichi996
    @Ostarrichi996 6 лет назад

    ok

  • @carot2003
    @carot2003 6 лет назад

    There are always interesting people on here. Cheers..

  • @yamaha893
    @yamaha893 4 года назад

    no

  • @anwarabd2016
    @anwarabd2016 3 года назад

    her smile looks a lot like Emily Clarkes

  • @lisemariecaron7498
    @lisemariecaron7498 5 лет назад +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 5 лет назад +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

  • @xXJD369xX
    @xXJD369xX 5 лет назад +6

    markets are efficient, technical analysis is bs

  • @joecater894
    @joecater894 2 года назад

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

  • @eiken1988
    @eiken1988 28 дней назад

    5:27,

  • @peppercorn4196
    @peppercorn4196 2 года назад

    Start to count Eliot 💀💀💀

  • @eggheadreport
    @eggheadreport 3 месяца назад

    Another misguided soul. You wouldn't go to the grocery store to track the price of an apple every day right? Why would you do that with stocks? You look a the farm and the apple industry to determine which way the price of an apple is going to go. You look at the supply and demand. It's shocking he can spend his entire life in the markets and still have the wrong conclusion.

  • @Brownismyname
    @Brownismyname 5 лет назад +1

    old man's losing his marbles !

  • @mohfx
    @mohfx Год назад +2

    This man is a legend