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Really? More technical analysis? It does not work, in the general case. Simply put the efficient market hypothesis is true, in most cases, for most people, i
by worik 4y ago
Really? More technical analysis?
It does not work, in the general case.
Simply put the efficient market hypothesis is true, in most cases, for most people, in most markets.
It is possible (I know of two cases: pairs trading in stock markets and momentum trading in bond markets) where it has had success for finite periods of time.
What ever goodness can be found is traded away by very sharp and well resources actors before anybody else can get to them.
It is a zero sum game, and the game has some very well resourced actors in it that want very much for you to put all your money into technical trading, thank you. They are crooks and thieves, and include some of the richest people on the planet.
This is like astrology, homoeopathy, aroma therapy... If it seems it works it s for some other reason.
Stay well clear of this hocus pocus. So many computer people gone down this road. The only way to make money out of technical trading is to get paid a salary to implement some one else's algorithm.
- taeric 4y agoI've been sans power today, so haven't done updates. In general, though, I do plan on updating to say this is more fun with a toy program and data structure. Decidedly not an actual trading strategy.