Reading Assignment: Reading Assignment: Does Technical Analysis Work?

[Dvid]

1. How does the writer define technical analysis?
   A way to manage risk, and identify trades that are statistically favorable, actionable, and risk-defined.

2. What are technical analysts looking to identify in the market?
   To identify favorable entries/exits for trades, with an established risk plan.

3. How would you summarize the authors argument that technical analysis works?
   The authors argue that TA works, but it is a tool, and a tool is only as good as its user.

[Renz]

1. The writer defines it as “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. Technical traders, irrespective of whether they are discretionary traders or using some sort of automated strategy, are looking for better odds and for their setups to render them profitable over enough trades.

3. Basically, the writer says that technical analysis works by generating risk-defined trade setups, not predicting exact future prices.

[3DMOONBOOTS]

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?

1. its defined as tools for understanding trading risk management
2. trends of historical price action
3. technical analysis works to the extent of understanding / plotting your next move in the market. “you don’t jump in the water if you don’t know where you’re going to swim too”

[soho101]

Specialized examination is the act of breaking down the value history of an instrument to make noteworthy, hazard characterized figures of its future cost."

Specialized experts attempt to distinguish and execute an exchange arrangement offering lopsided danger reward potential

Merchants don’t have to foresee the future, nor outflank better-prepared experts, as long as these dealers center around deviated hazard: reward arrangements.

[maddie]

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?
   Technical traders are 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?
   Because it helps traders identify and trade asymmetric risk:reward trade setups.

[jgentry]

1. The writer defines technical analysis as “the practice of analysing [sic] the price history of an instrument in order to make actionable, risk-defined forecasts of its future price.”

2. Technical analysts are looking to identify trade ideas in the market.

3. Not all technical analysis is equal. Not every form of technical analysis has the same functionalities, but it all needs one primary thing to work: to identify and trade asymmetric risk.

Thank you!

[Shawn_Wollenberg]

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?

Better Odds

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

Technical Analysis works for disciplined traders because it doesn’t have to predict the future or outperform the super serious professionals. It’s just meant to identify where there are better odds for a trade to be successful (reducing risk).

[yeoyo]

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?
They are looking for setups that have better odds that will render them profitable over enough trades.

3. How would you summarize the authors argument that technical analysis works?
The author argues that technical analysis is not to fundamentally predict future prices but to make actionable, risk-defined trade decisions such that an asymmetric risk-reward can lead to success in the market over a long haul. He also sees TA to work alongside FA as a complementary component.

[Biggiedagoe]

Reading Assignment: Does Technical Analysis Work?

• 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 .

• What are technical analysts looking to identify in the market?

For patterns

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

It all depends what you do and what you want. To work straight by the analysis you can calculatted more on your workflow.

[Lehigr2]

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?
   They are looking for identifiable patterns that will help set up parameters depending on the amount of risk they are willing to take.
3. How would you summarize the authors argument that technical analysis works?
   That if you set up your own personalized disciplined parameters, these tools will help you achieve your financial strategy.

[Adrian1980]

1. Technical analysis is the study of the past price action wich helps us to predict the future price of an asset .
2. Technical analysts try to identify better odds (entries) for their setups, trades.
3. The technical analysis is a study of the price action wich, together with a good risk management can lead to profitable trades.

[UFAME]

1. A risk management tool that can be used to derive probabilistic, actionable & risk-defined trade set-ups. It can generate new trade ideas and convert price forecasts into actionable trades.
2. Better odds and for their set-ups to render profit over enough trades
3. No need for TA to satisfy unreasonably high requirements, predict the future or outperform pro-traders. Needs only to identify and trade asymmetric risk:reward trade set-ups.

[Jesse_Bowles]

1.A risk management tool to derive probabilistic, actionable, and risk defined trade sutups
2. Asymmetric risk:reward trade setups
3. He is saying it works only if you follow a strict set up and manage risk properly

[cryptcat]

1. How does the writer define technical analysis?
   The writer defines technical analysis by elucidating first what it is not, and then, argues that technical analysis does not ‘predict the future’, rather informs the trader of possible signals that can assist him/her in generating trades that can quantify the ratio between the risk to the reward of that trade. He explores the essence of technical analysis as it relates to its functionality.
2. What are technical analysts looking to identify in the market?
   They are looking to identify signals that inform the trader of the probability that a trade will work out in their favor
3. How would you summarize the authors argument that technical analysis works? The author argues that TA works because it gives access to a retail trader the same tools that institutions have that give them information about how to set up and execute a favorable trade. It works in a sense that usually, though the past does not predict the future, it gives the trader reason to suspect that past price action can give information about probabilistic movements in the future.

[Gaurav]

• 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 ."
• What are technical analysts looking to identify in the market?
  Probability of bullish or bearish movement
• How would you summarize the authors argument that technical analysis works?
  It’s about personal risk management not you vs profession investors.

[Pooya]

1. The practice of analyzing the price history of an instrument in order to make actionable, risk-defined forecasts of its future price.
2. They search for both technical and fundamental analysis and both could work in time.
3. If you look at it as a risk-management tool, it would work for you. Don’t look at it as a price prediction tool. Jut lower your risk while trading!

[jacobo]

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; as a risk management tool, it can be used to derive probabilistic, actionable, and risk-defined trade setups on an instrument.
2. They are looking to better their odds and for their setups to render them profitable over enough trades.
3. That although technical analysis can work to those who put in the time and effort as a great tool for risk management and investment decision making, it is not the end-all be-all in terms of being able to trade effectively on any market. The only way it would able to be applicable to those who trade is to veer away from fundamental thinking and implement a form of analysis (TA) that not only includes the present, but also the past; those who use it as a tool must be able to look back at past movements for future advice and to also set ramifications for whether a trade, wether it be a long or short, are met and would be advantageous to act upon.

[vero]

1. How does the writer define 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.

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

They are looking 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?

The tool/technique is as good as the person that uses it. It is likely to work for people that take it seriously (disciplined, systematic, etc.) than for people that think of it as a tool to simply forecast prices

[REEVESJPA]

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 the technical analysts looking to identify in the market?

They are looking for an edge with better odds to get them profitable trades over time.

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

For a disciplined and systematic trader, an edge can be created that can be used to derive probabilistic, actionable and risk-defined trading setups on an instrument, and not to outperform the trading desks but rather to carve out a positive expectancy in the market traded.

[loudogg]

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.

Technical analysis IS a risk management tool that can be used to derive probabilistic, actionable, and risk-defined trade setups on an instrument.

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?

Asymmetrical risk-reward setups based on historical trends, patterns as well as fundamentals that will help them get an edge, with higher probability for success.

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

He says it works because it can generate risk-defined trade setups.