Reading Assignment: Reading Assignment: Does Technical Analysis Work?

TA & Algo Trading Course
#481

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

  2. i, To identify trades ideas.
    ii, To increase the probability of a good trade.
    iii, To manage risk.

  3. TA works perfectly in the sense that it’ simply a guiding technique to better protect the trader in a dangerous environment.

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#482
  1. How does the writer define technical analysis?
    TA is a tool to use to manage risk and see possible future price
  2. What are technical analysts looking to identify in the market?
    Ways to make the best entries or exits depending on the information given
  3. How would you summarize the authors argument that technical analysis works?
    We dont need to pridect the future, or be the best everytime as long as we focus on risk/reward
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#483
  1. Technical analysis is a risk management tool that can be used to derive probabilistic, actionable, and risk-defined trade setups on an instrument.
  2. Trends in the pattern of price that reduce the risk taken in an action.
  3. It works if taken seriously by someone who knows what they are doing and is comparing the gains to what they have invested, not the gains of others.
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#484

  1. How does the writer define technical analysis?
    Technical analysis is the practice of analyzing 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?

Technical analysts are trying to use a probabilistic risk management tool that can i) generate new trade ideas ii) convert price forecasts into actionable trades.
3. How would you summarize the authors argument that technical analysis works?
The idea is that technical analysis works in the sense that those that are able to do technical analysis can have more winning trades and mitigate risk. Technical analysis does not always work.

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#485

1 is the practice of analyses the historically price of an instrument in order to calculate the risk and forecasts its future price.

2 identify and execute a trade setup offering asymmetric Risk:Reward.

3 Technical analysis is a tool, depends on how, where and by whom and how it is used, it may need other tools to be able to work or do it on its own. Be like a car driven at 100 per hour by a drunkard, or like the light of a lighthouse guiding you to a port in the night.

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#486

  1. How does the writer define Technical Analysis ?
    He describes TA as a risk management tool that can be used to pin point probabilistic, actionable and risk defined setups on an instrument (markets).

  2. What are technical analysts looking to identify in the market?
    TA analysts are trying to identify higher probability setups in the market following a strict rule based strategy that will make them profitable in the long run.

  3. How would you summarize the authors argument that technical analysis works?
    I think his argument is aimed at the trader and for them being able to generate a system that works for that specific trader giving them an edge in the market. Technical analysis isn’t equal as two traders can use the same system but if one trader is ill disciplined then the trader won’t be as profitable in the market. I think the author is trying to say there is no right or wrong in TA its about building a system that allows a trader to identify high probability set ups with good risk management that a trader can act on.

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#487
  1. Technical analysis is a probabilistic risk management tool that can generate new ideas and convert price forecast into actionable trades.
  2. Technical analysis is looking to identify the risk
  3. Technical analysis works because it does what it is supposed to do according to its definition: identifies risk and rewards trade setups.
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#488

  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 setups on an instrument.

  2. What are technical analysts looking to identify in the market?
    Patterns and trends that repeats over time to lower the risk during a trade.

  3. How would you summarise the authors argument that technical analysis works?
    The author writes about the difference between a trader who uses TA with discipline, patience, and a set of trading rules and setup vs a trader that doesn’t. He basically says that TA as a tool is as good as its user.

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#489

1.Technical analysis is a risk management tool that can be used to derive probabilistic, actionable, and risk-defined trading setups on an instrument.
2. Technical analysis is looking to identify risk-managed trading decisions.
3. Technical analysis works for an educated and balanced trader that is loaded with patience.

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#490
  1. TA is a risk-management analysis based on the historical price movements/market data
  2. They are looking fro good entry points and when to exit based on their analysis
  3. It can help a trader to have the edge in the market; TA is not about knowing the future price of an instrument
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#491
  1. The write of the article defines technical analysis as:

“the practice of analysing the price history of an instrument in order to make actionable, risk-defined forecasts of its future price”

  1. Technical analysts look to identify asymmetric risk/reward opportunities.

  2. Technical analysis “works” for those with patience, discipline and a set of rules (e.g. stop losses, taking profits after x% increase, expected timeframe). This should result in generating “new trade ideas”. There is no need for “technical vs. fundamental” debates, and the analysis is not merely predicting the future price of an asset/instrument.

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#492
  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 .
  2. What are technical analysts looking to identify in the market?
    the price history of an instrument in order to make actionable, risk-defined forecasts of its future price.
  3. How would you summarize the authors argument that 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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#493
  1. How does the writer define technical analysis? - A risk management tool that can be used to formulate a prediction on movement of an instrument.
  2. What are technical analysts looking to identify in the market? trends in the historical data that can be used to predict future movement.
  3. How would you summarize the authors argument that technical analysis works? The author first defines what “works” means to them, it is a tool that has shown success against its goal, but it up to the user on how well they use the tool. TA= drill, but just because you own a drill doesn’t mean you are a skilled carpenter.
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#494

  1. Technical Analysis defined as a practise of analysing the price history of an instrument in order to make actionable, risked defined forecasts of its future price.

  2. Technical Analysts they are looking for better odds and for their setups to render them profitable over enough trades.

  3. I would summarise by saying, trader needs to focus in own trades and as long personal goals are reached by following technical analysis and fundamental as suggested by the author to be a good investment strategy.

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#495
  1. technical analysis is a risk management tool that can be used to derive probabilistic, actionable, and risk-defined trade setups on an instrument.
  2. they are looking to identify a risk managed position based in an analysis of the price action in a given timeframe
  3. It talks about how Technical Analysis is just a tool for an assessment on given asset which results in a more “controlled” environment for the trader.
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#496
  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.

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

They are looking to find trade asymmetric risk:reward trade setups.

  1. How would you summarize the authors argument that technical analysis works?

According to writer technical analysis ‘works’ because the requirements it has to meet for that to be true are not unreasonably high.

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#497

Q1: How does the writer define technical analysis?
A1: “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”.
In summary, it is:

  • a probabilistic risk management tool that can;
    • generate new trade ideas
    • convert price forecasts into actionable trades.

Q2: What are technical analysts looking to identify in the market?
A2: Technical analysts aim to identify and execute a trade setup offering asymmetric Risk:Reward.

Q3: How would you summarize the authors argument that technical analysis works?
A3: Whilst not all technical analysis is equal, if it helps traders identify and trade asymmetric risk:reward trade setups, then it works.

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#498

1. How does the writer define technical analysis?
TA 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?
looking for better odds and for their setups to render them profitable over enough trades.

3. How would you summarize the authors argument that technical analysis works?
TA works well only if it is implemented properly. TA and fundamental analysis are complementary, not contradictory.

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#499

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.Financial analysis that uses patterns in market data to identify trends an make predictions
2. trends and predictions bearish o bullish
3.personal risk management

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#500

Because there is less data space required, transactions take place quicker and require less energy(electricity)to process. Less energy mean cheaper for miners & lower fees for account holders.

With the acct. model, you can see which accounts have withdraws and deposits. It’s easier to see the balance of each account.