Does technical analysis really work?
I have more than 25 years of experience that proves technical analysis really does work. Solid technical analysis is perhaps the only tool that can give the individual trader a decent chance against the professionals. You might not have the research capabilities of the commercials or the execution advantages of the floor traders. However, with technical analysis on your side, what you do have is the luxury of moving faster than the big commercial operators, because your trading size will not affect price too significantly. You have one advantage over the “locals”—a better perspective. You're not subject to the false trend movements, what I call the “noise” that takes place on the floor every minute of every ...
Get Trading Commodities and Financial Futures: A Step-by-Step Guide to Mastering the Markets, Third Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
