Reading Assignment: Reading Assignment: Does Technical Analysis Work?

TA & Algo Trading Course
#401

  1. How does the writer define technical analysis?
    The practice of analysing the price history of an instrument in order to make actionable, risk-defined forecasts of its future price

  2. What are technical analysts looking to identify in the market?
    Strategic edge that elevates their chances of making successful trades.

  3. How would you summarize the authors argument that technical analysis works?
    TA is not price prediction, FA should complement TA, not all TA is equal.

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#402

  1. Technical analysis is the practice of analysing the price history of an instrument in order to make actionable, risk-defined forecasts of its future price.

  2. Technical analysts aim to track trends in the market to better increase their probability of making profits when trading and decreasing risk.

  3. TA is all about understanding the risk and reward behind each trade and understanding the probability of how successful you may be.

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#403

  • How does the writer define technical analysis?
    :small_blue_diamond: Anlyzing historical prices in order to make actionable forecasts of its potential future price that can help with risk-defined trade setups.

  • What are technical analysts looking to identify in the market?
    :small_blue_diamond: New trade ideas as well as actionable trades

  • How would you summarize the authors argument that technical analysis works?
    :small_blue_diamond: It helps traders identify and trade risk reward trade setups.

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#404
  1. As a tool to identify positive ROI probabilities in an asset.
  2. Patterns and trends that can give the trader a positive ROI.
  3. By looking at patterns and trends it give us the possibility to take a profitable bet, that works out x amount of times more than it doesnt.
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#405

  1. He define it as a risk management tool that can be used to take a trading decision based on probability asuming some risks.

  2. Trading oportunities with an asymmetric Gain:Risk ratio in order to get profit under some disciplined rules.

  3. It can not be consider that TA does not work because retail traders use it or because some of those traders do not use it properly. His main idea is that TA is a tool that properly used will work and it is not opposite to fundamental analysis just complementary.

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#406

1- Is the practice of analysing the price history of an instrument in order to make actionable, risk defined forecast of its future price.
2 - They are looking to make succesful trades, by maximising their odds of predecting the future price.
3 - Everything its about probabilities and if you are a disciplined, patient and selective trader you have more chances to be succesful on your trades.

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#407

How does the writer define technical analysis?
technical analysis is a probabilistic risk management tool that can i) generate new trade ideas ii) convert price forecasts into actionable trades.

What are technical analysts looking to identify in the market?
can technical analysis generate risk-defined trade setups?

How would you summarize the authors argument that technical analysis works?
technical analysis ‘works’ because the requirements it has to meet for that to be true are not unreasonably high. It doesn’t have to predict the future, nor must it outperform better-equipped professionals. As long as it helps traders identify and trade asymmetric risk:reward trade setups, then it works.

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#408

  1. How does the writer define technical analysis?
    “technical analysis is the practice of analysing the price history of an instrument in order to make actionable, risk-defined forecasts of its future price”

  2. What are technical analysts looking to identify in the market?
    They are looking at maximising their odds of predicting a profitable situation for them.

  3. How would you summarize the authors argument that technical analysis works?
    The author stated several times, that technical analysis does work BUT you have to have plan and be dedicated. Just a quick look at a chart, here and there, is not enough!

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#409
  1. The writer defines TA as looking for patterns and methods to increase the statistical probability of making a good trade.
  2. Indications on which way the price will go
  3. I would describe the authors perspective as logical. People like patterns. People have routines. They drive the same way to work in the morning. When the people doing the trading like (or think in) patterns, then patterns will develop in the trading.
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#410

1. -technical analysis is the practice of analysing the price history of an instrument in order to make actionable, risk-defined forecasts of its future price.

2.-technical analysis is a probabilistic risk management tool that can i) generate new trade ideas ii) convert price forecasts into actionable trades.

3. it helps people with predicting the general movement/human behaviour trends of a market and also how to manage risks and increase probability profit

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#411

T/a is probability estimation of a future action- risk - reward

T/A try to identify entree - exit strategies for max gains

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#412

  • How does the writer define technical analysis?
    Analyzing risk based off of previous price based information.

  • What are technical analysts looking to identify in the market?
    Trends and future market price predictions.

  • How would you summarize the authors argument that technical analysis works?
    Its better to go in with information and know the history of something than to go in with nothing but a hunch.

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#413

Technical analysis is a probabilistic risk management tool that can generate new trade ideas and convert price forecasts into actionable trades.
Technical analysts are looking to identify better odds and for their setups to render them profitable over enough trades.
As long as it helps traders identify and trade asymmetric risk:reward trade setups, then it works.

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#414

  1. The writer defines technical analysis as a method of trading that uses probability as a risk management tool in order to generate new ideas that lead to better trading…hopefully.

  2. Technical analysts are looking to identify historic trends to apply to future trading actions.

  3. In summary, the argument that technical analysis works based upon patient, sound and dedicated efforts to understand not only the fundamentals of an instrument but also the technical aspects. Technical analysis will allow a regular person have the potential to trade successfully like established firms, just using different resources, tools and expectations.

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#415
  1. How does the writer define technical analysis?

Technical analysis is a probabilistic risk management tool that can i) generate new trade ideas ii) convert price forecasts into actionable trades (Adding parameters target and stop)

Technical analysis is the practice of analysing the price history of an instrument in order to make actionable, risk-defined forecasts of its future price.

  1. What are technical analysts looking to identify in the market?

Risk-definied trading setups

  1. How would you summarize the author’s argument that technical analysis works?

As long as TA helps traders identify and trade asymmetrick risk: reward trade setups, then it works.

The author also states that not all TA is created equal and the tool is only as good as its user. The trader has to be disciplined, patient and have a set of trading rules and setups that give a statistically positive expectancy.

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#416

  1. How does the writer define technical analysis?
    Analysis of the price history of an instrument, attempting to predict its future price and behavior.

  2. What are technical analysts looking to identify in the market?
    Market movements and cycles.

  3. How would you summarize the author’s argument that technical analysis works?
    I’d like to conclude thus: technical analysis ‘works’ because the requirements it has to meet for that to be true are not unreasonably high. It doesn’t have to predict the future, nor must it outperform better-equipped professionals. As long as it helps traders identify and trade asymmetric risk:reward trade setups, then it works.

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#417
  1. How does the writer define Technical Analysis.?
    Technical Analysis is a " Risk Management " tool,that can be used to derive " Probabilistic ", "Actionable "
    ,and " Risk Defined ",trade set-ups on an instrument.
    T.A. is the practice of analyzing, the price history of an instrument,in order to make risk-defined forecasts of its future price.
    2.What are Technical Analysts looking to identify in the market.?
    Technical Analysts are looking to identify, and generate, " Risk-Defined ", set-ups. with an asymmetric Risk-Reward offering.
    3.How would you summarize the authors argument that T.A. works.?
    My summary, is its NOT gambling your not having a punt, if your serious about putting a risk-defined strategy together then you can use, T.A. as a trading tool.
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#418

1 . How does the writer define technical Analysis?
The writer defines technical analysis as a risk management tool that can be used to derive probabilistic, actionable, and risk-defined trading setups on an instrument

  1. What are technical analysts looking to identify in the market?
    TA traders are looking for better odds that will gain them more profits in the long term

  2. How would you summarize the authors argument that technical analysis works?
    The author argues that technical analysis works as it can be used to generate actionable, and risk-defined trading setups and can help a trader carve out an edge in the markets they trade on

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#419

  1. The author defines it as “…the practice of analysing the price history of an instrument in order to make actionable, risk-defined forecasts of its future price.” He then follows this by saying that it is itself “…a risk management tool that can be used to derive probabilistic, actionable, and risk-defined trade setups on an instrument”

  2. Technical Analysts are looking to identity opportunities with a favourable risk:reward ratio.

  3. The author suggest that technical analysis works so long as it succeeds in helping a trader to identify favourable risk:reward opportunities. He further recognises that TA is a tool that is only as good as its user, and that it would be unfair to dismiss TA as a whole without considering the user of the tool.

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#420

First post on any forum here. Proud to join the community.

  1. The analyst basically described TA as given yourself a probabalistic advantage when trading. It’s not an exact science.

  2. TAnalysts are looking at trends, previous data and candle wick highs/lows in order to give themselves a competitive advantage when executing trades.

  3. TA works for those who are patient and disciplined enough to follow a strategy. It is a useful tool in profiting for trading and does not need to dismiss the use of Fundamental Analysis when assessing a projects long-term merit.

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