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How reliable technical/charting analysis in stocks/commodities trading?since it’s only chart of price history

analysis, Chart, History, It's, Only, price, reliable, stocks/commodities, technical/charting, tradingsince
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Print article This entry was posted by admin on November 12, 2010 at 6:46 am, and is filed under Uncategorized. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site.
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  • Comments (4)
  • #1 written by Stinky Monkey
    about 1 year ago
    Quote

    If it’s LIVE and updated every second (or millisecond), then on a small scale, it’s very accurate and somewhat predictable.

    Otherwise, it’s also accurate, but outside factors really make it depend.

    On stable things like utilities, it’s fairly accurate (and moves slow).

  • #2 written by Paul
    about 1 year ago
    Quote

    Charting is good for short to midterm. For example, if a stock keeps going up to 100 and then falling (or falling to 100 and then rising). There’s a good chance it will keep doing that without some other effect (news, etc.) to boost it. The price history is the only way to notice that effect.

    In our current volatile market, I find it very useful for short term trends.

    In the long-term (over 1 year), macroeconomic and company fundamentals tell you where the stock is heading. Unless they are cooking the books…

  • #3 written by Dave W
    about 1 year ago
    Quote

    Technical analysis can be a helpful tool, but it’s far from perfect. I’ve improved my results since I started using TA in addition to fundamental analysis, but still make mistakes. What I’ve found is that the odds of a stock rising in the short-term are higher when the stock is oversold and near a support level on the TA charts (or falling when it’s overbought and near a resistance level), but it’s by no means a certainty. Overbought stocks can and do get more overbought and oversold stocks can and do get more oversold. In my view, using TA somewhat increases your odds of buying/selling at a good time, but certainly not to anywhere near 100%.

  • #4 written by jspatil91
    about 1 year ago
    Quote

    in this case future is not determined .it is uncertain what ever system you use & how you use is your prudence

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Which is the best and cheapest Currency (FOREX) trading website? Only tried and tested sites please.?

about 10 months ago - 4 comments

Also, how much is the commission per trade? which is the best books out there for a newbie in Forex? I am an experienced technical trader in equities ( just to let you know on my background).

On the hedge fund, the 20% of the gross profit is for the asset manager only or for the whole mangement team?

about 11 months ago - 2 comments

what I really wanted to ask is, the asset manager charge a fee from 1-2 % for running the Fund. And the 20% of the gross profit is dispersed to all the people in the managment teams or still the asset manager take it all???

so many softwares available for currency trading?which one is the best?for wat price?

about 11 months ago - 3 comments

and is it all that easy ,as it is shown in the websites???????atleast for somebody who is a fresher?

Whats an excellent easy to read book to learn everything about the Forex/Currency trading and analysis?

about 11 months ago - 5 comments

how does a hedge fund manager appropriately price an investor’s assets?

about 12 months ago - 3 comments

Specifically, do they have a share price that investors purchase at like say $15.00 a share (just an example) or do they have other ways of appropriately tracking an investor’s assets growth or decline? thank you

can someone tell me if my deck is top regional material and what can i do to fix it? it’s ancient gear otk?

about 1 year ago - 2 comments

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How do you evaluate if it’s a legal hedge fund?

about 1 year ago - 1 comment

how do i calculate bond price given the following variables?

about 1 year ago - 1 comment

yield = 10% act/365, coupon = 5% semi-annual 30/360, maturity = 1/1/15, trade date = 6/20/06, stlmt date = 6/20/06, face value = 1000, last coupon date 1/1/06, next coupon date 7/1/06

The auto bail out, why Chrysler it’s a privately owned company held by a hedge fund?

about 1 year ago - 5 comments

The company has been on the brink of bankruptcy for decades why not let it happen like some many airlines have?

Is the Angels’ only missing piece another big bat to protect Guerrerro?

about 1 year ago - 2 comments

Watching Ortiz and ManRam hammering the ball makes me wonder, if the Angels had another big bat behind Guerrerro, how much better they would be. Where can they find another bat next year? Sign Andruw Jones? Trade for Helton? Or ‘gulp’ get Bonds?

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