4 ms·
Technical analysis trivially cannot work for commonly known and widely used signals, because the market will correct eventually. For little known signals, it ca
by jakeinspace 3y ago
Technical analysis trivially cannot work for commonly known and widely used signals, because the market will correct eventually. For little known signals, it can work, but so can any trading strategy within a narrow window or with low probability. I think the union between seemingly successful TA anecdotes and random noise approaches 1.