3 ms·
Dude, I work in risk on the sell side. If anyone in banking seriously mentions TA they get laughed at at best. Bad idea to bring it up in an interview though.
by jevgeni 11y ago
Dude, I work in risk on the sell side. If anyone in banking seriously mentions TA they get laughed at at best. Bad idea to bring it up in an interview though.
The only field where a sort-of technical analysis may be mentioned is HFT, but that's due to the fact, that HFT works on such a microscopic time frame that it is difficult to come up with conventional data used in financial analysis (example: correlation). So it's more of a tech arms race than anything else.
Just because TA uses mildly advanced math, doesn't mean it's any good. Just like it doesn't mean that heroin is good for you, just because the producers use sophisticated chemistry equipment.