Talk:Technical analysis: Difference between revisions

Revision as of 11:08, 23 July 2021

Revision as of 11:08, 23 July 2021

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I have tried to give that quote some further context considering that studies done on TA have been done in the abstract and do not actually reflect applied circumstances but it has been reverted twice. TA in the real world is not done in isolation, as the studies are conducted, but TA signals are used in conjunction with one another to construct a heuristic understanding of -price action-, which traders, and bots, then act upon if the risk to reward ratio is favourable. You cannot gain an accurate understanding of TA by running statistical analyses on individual signals without any context for how entities act upon those signals and then conclude that the method is nonsense. This article's introduction, the thing most people will read when looking up TA for the first time, is terribly biased and needs to be reconsidered. It should be rewritten with an emphasis on what TA actually is and how it is applied in markets rather than a emphasis on how other theories disagree with it. [[User:Hueycookafew|Hueycookafew]] ([[User talk:Hueycookafew|talk]]) 09:37, 23 July 2021 (UTC)

:We can't use [[WP:SYNTHESIS]] to undercut the reliable soucessources (I use the plural because although we cite only one in the read, others are references further down in the article). Lots of things are widely used and studied but are still pseudoscienes ([[Homeopathy]], for example. This 'TA in the real world' stuff is a red herring. If the signals don't work, and you combine with something else that does work (for example, the overall upward trend of the stock market), you'll still see some benefit overall. But that does not mean that TA actually contributed anything. [[User:MrOllie|MrOllie]] ([[User talk:MrOllie|talk]]) 11:08, 23 July 2021 (UTC)