1.The writer defined technical analysis as 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 identify indices/setups that can help a trader carve out an edge and a positive expectancy/outcome in the market(s) they trade.
3.As long as technical analysis helps traders identify and trade asymmetric risk: reward trade setups, then it works.
How does the writer define technical analysis?
The writer defines technical analysis as such 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 .
What are technical analysts looking to identify in the market?
We are looking to identify a strategic edge to increase the probability of success whilst managing the risk.
How would you summarize the authors argument that technical analysis works?
I would say technical analysis works as long as when using it you are disciplined and take it seriously. Also it does not differentiate for professional traders and retail traders as each individual must look at the technical analysis with their own constraints. If anything a trade through technical analysis has much higher probabilities to succeed than a trade executed on a punt.
The writer defines technical analysis as a probabilistic risk management tool that can
generate new trade ideas
convert price forecasts into actionable trades.
TA is a probablistic method, not predeciting the future. The trader focusses on his own profitability, taking the risk he is willing to take (e.g. with a stop loss).
The writer sees is as complementary to fundamental analysis, and as long itâs not seen as predicting the future, he thinks it works.
1 The writer definesTh this as a set of tools and rules to determine which direction an asset may go. This helps a trader make an educated trade with the probable out come determined by his technical analysis.
2 The technical analysis is looking for an edge, a pattern that will help his risk reward management.
3 To summarize I would agree that technical analysis works, because it eliminates emotional and uneducated trades, and can give you a list of probable outcomes. It does not tell the future.
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 trading setups on an instrument.
2. What are technical analysts looking to identify in the market?
They are looking for trends which gives them better odds for their trade setups.
3. How would you summarize the authors argument that technical analysis works?
TA works as long as it helps traders identify and trade asymmetric risk:reward trade setups.
TA is defined as a Risk management tool, for identifying probabilistic price directions. Identifying good entry and exit strategies.
They want to identify a trend based on past performance of a stock. Whether it be an uptrend or downward trend. To make good entry and exit points based on the charts that they work with, no matter if they are retail traders or professional.
He believes that it works, AS long as the person is disciplined and dedicated to weighing the risk and reward. Making and mapping moves and sticking to them. Not just to step up and make a punt at any old chart. He also believes that one should be versed in fundamental analysis to a point,
How does the writer define technical analysis?
TA is analysis of price history so that the trader most probably make actionable and risk defined trades. Basically it helps trader in risk management.
What are technical analysts looking to identify in the market?
He ll be looking at Price actions, pattern, indicators that give him the good probability to make a more risk defined trade.
How would you summarize the authors argument that technical analysis works?
TA works if the users is consistent and have some sort of discipline. Further TA are not exact science but probabilities.
1. How does the writer define technical analysis?
2. What are technical analysts looking to identify in the market?
3. How would you summarize the authors argument that technical analysis works?
Technical analysis IS a risk management tool that can be used to derive probabilistic, actionable, and risk-defined trade setups on an instrument
The point of technical analysis isnât to outperform professional desks and firms, itâs about whether it can help a trader carve out an edge and a positive expectancy in the market(s) they trade.
TA only works if you apply it properly, but is still just a tool that allows traders to see potential market moves, weigh the risk vs reward, and make a decision based on statistical probabilistic outcomes.
How does the writer define technical analysis?
A: Technical analysis is a risk management tool that can be used to derive probabilistic, actionable, and risk-defined trade setups on an instrument
What are technical analysts looking to identify in the market?
A:itâs about whether it can help a trader carve out an edge and a positive expectancy in the markets they trade
How would you summarize the authors argument that technical analysis works?
A: TA helps with trade setups. You need a disciplined systematic approach to it to get the best results
The writer defines technical analysis as a tool to find probability in the markets by analysing them in a specific manner.
Trends and emotions.
3.Technical analysis works in finding probabilities , but the user using the tools is the major factor for the strategy to succeed.
Answer: it is used to examine the past performance of the market so as to predict the future which are in most cases repeated.
Answer: Its looking to identify price and to see who is wining between buyer and seller
Answer: Looking at the previous chart can be used to explain the current situation and as well predict the likely action in the future
I define it thus: 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
Technical analysts are looking to increase their success/profit rates over time.
Technical analysis works only if you do. Take the dedication seriously and profits will come. The future is uncertain but analysis will create a very educated guess.