You think you know everything about technical analysis. But do you really?

由人工智能和领英社区提供技术支持

Technical analysis is a popular and powerful tool for traders and investors who want to forecast market movements and identify profitable opportunities. You may think you know everything about technical analysis, but do you really? In this article, we will challenge some common assumptions and myths about technical analysis and help you improve your skills and results.

本文章的要点总结

Understand price action:

Focus on interpreting charts to grasp market psychology. By recognizing patterns and trends, you can make informed decisions without relying solely on external data.### *Continuously adapt:Stay updated with emerging market trends and new analysis techniques. This ensures your strategies remain relevant and effective in a constantly evolving financial landscape.

本摘要由 AI 和以下专家提供支持

Ajibola A.

LinkedIn Top Voice??//Data Analyst//…

1 What is technical analysis?

Technical analysis is the study of past price patterns, trends, indicators, and trading volumes to predict future market behavior and identify entry and exit points. Technical analysts use charts, tools, and strategies to analyze the market psychology and sentiment behind price movements. Technical analysis can be applied to any market, time frame, or asset class, as long as there is enough data and liquidity.

添加您的观点

Ajibola A.

LinkedIn Top Voice??//Data Analyst// Educator//Business Analyst//Financial Market Analyst
举报内容
New market trends emerge, financial instruments are created, and novel analysis techniques are developed. Economic factors, unforeseen events, and investor psychology can significantly impact price movements, requiring continuous learning and adaptation of analytical approaches.

已翻译

赞
Rajesh N

Accounts Payable | Reconciliations | Advanced Excel | Robotic Process Automation | ChatGPT & AI Tools | Prompt Engineering | Team Management
举报内容
While I have a vast knowledge base and understanding of technical analysis principles, I don't claim to know absolutely everything about it. Technical analysis is a broad and continuously evolving field, influenced by market dynamics, technological advancements, and individual interpretations. I strive to stay updated and learn from ongoing developments to provide the most accurate and insightful analysis possible. Additionally, collaboration with experts and continuous learning ensures that my understanding remains current and relevant.

已翻译

赞
Vanessa Lasko, MBA, CMT L2 candidate

Army Intelligence Veteran, Financial/Business Analyst, Consultant, DevOps, Certified Ethical Hacker, Splunk, CompTIA Security +, eSports, Project Management
举报内容
Technical analysis is a technique using historical price data, volume and more to evaluate stocks, currencies, and other securities to forecast future price movements.

已翻译

赞

加载更多内容

2 Why does technical analysis work?

Technical analysis works because it reflects the collective actions and emotions of market participants, which tend to repeat over time. Technical analysis assumes that price movements are not random, but follow certain patterns and rules that can be identified and exploited. Technical analysis also assumes that price incorporates all relevant information and expectations, so there is no need to analyze the fundamentals or news of an asset.

添加您的观点

Vanessa Lasko, MBA, CMT L2 candidate

Army Intelligence Veteran, Financial/Business Analyst, Consultant, DevOps, Certified Ethical Hacker, Splunk, CompTIA Security +, eSports, Project Management
举报内容
TA works because; 1. history repeats itself, allowing analysts to anticipate price movement. 2. Human emotion is predictable; fear and hope can be read in chart patterns and price levels. 3. Volume shows conviction; no one moves millions of shares if they aren't anticipating something and can give their motive away.

已翻译

赞

加载更多内容

3 What are the limitations of technical analysis?

Technical analysis is not a perfect science, and it has its limitations and challenges. Technical analysis cannot guarantee accurate predictions or consistent profits, as it is based on probabilities and assumptions that may not always hold true. Technical analysis also requires a lot of subjective interpretation and discretion, as different analysts may use different methods, indicators, and parameters to analyze the same data. Technical analysis also suffers from hindsight bias, as it is easier to spot patterns and trends after they have occurred than before or during.

添加您的观点

Manuel Lever

Experto en divisas ???????? Ayudo a que tu empresa reduzca sus costos y controle sus riesgos de tipo de cambio ??
举报内容
El análisis técnico es una herramienta útil para identificar niveles, patrones y posibles caminos para distintas clases de activos. Una de las principales limitaciones del análisis técnico es que por sí solo no es del todo confiable, dado que hay otras herramientas complementarias y necesarias como el análisis fundamental, revisar datos macroeconómicos y noticias internacionales que podrían mover los precios de los distintos activos financieros. Lo anterior podría cambiar los patrones identificados con el análisis técnico, por esta razón siempre es recomendable complementar el análisis técnico con otras herramientas como las antes mencionadas.

已翻译

赞
Vanessa Lasko, MBA, CMT L2 candidate

Army Intelligence Veteran, Financial/Business Analyst, Consultant, DevOps, Certified Ethical Hacker, Splunk, CompTIA Security +, eSports, Project Management
举报内容
Technical analysis is not a crystal ball. It helps you best anticipate the market. It cannot predict world, political, business events that can move the market in great ways. It can help you decipher the human element in trading and forecast reactions to historical levels.

已翻译

赞

4 How to improve your technical analysis skills?

To become an adept technical analyst, it is essential to learn the basics of technical analysis, such as chart types, trend lines, support and resistance levels, chart patterns, indicators, and trading systems. It is also important to apply your knowledge to real or simulated markets, using different time frames, assets, and scenarios. You should also evaluate your performance and results by measuring metrics such as win rate, risk-reward ratio, drawdown, and return on investment. Seeking feedback and guidance from other technical analysts, mentors, or experts can provide you with valuable insights, tips, and critiques. Additionally, keeping a trading journal where you record your analysis, decisions, and outcomes can help you identify your strengths and weaknesses.

添加您的观点

5 How to avoid common mistakes in technical analysis?

Technical analysis can be prone to mistakes and pitfalls that could detrimentally affect accuracy and profitability. To avoid these errors, it is important to be aware of overconfidence, confirmation bias, overfitting, and recency bias. Overconfidence can lead to disregarding evidence or other opinions that contradict beliefs, while confirmation bias can lead to favoring information that confirms existing hypotheses and neglecting contradictory information. Overfitting occurs when too many indicators or rules fit the historical data perfectly but fail in new conditions. Lastly, recency bias involves giving more weight to recent events or data and forgetting long-term trends or patterns.

添加您的观点

6 How to use technical analysis with other methods?

Technical analysis is not the only way to analyze and trade the markets and can be complemented or enhanced by other methods, such as fundamental analysis, sentiment analysis, or risk management. For example, technical analysis can help you confirm or refine your fundamental analysis by showing you the market reaction and expectations to the underlying value and news of an asset. It can also help you gauge market sentiment and psychology by demonstrating the levels of fear, greed, optimism, or pessimism among market participants. In addition, technical analysis can assist in managing your risk and money by showing you the optimal entry and exit points, stop-loss and take-profit levels, as well as position size for your trades.

添加您的观点

Manuel Lever

Experto en divisas ???????? Ayudo a que tu empresa reduzca sus costos y controle sus riesgos de tipo de cambio ??
举报内容
Métodos complementarios como el análisis fundamental, una correcta revisión de datos macroeconómicos y noticias internacionales son necesarios ya que podrían mover los precios de los distintos activos financieros y así verse modificados o anulados los patrones identificados con el análisis técnico. Lo anterior es base para un adecuado manejo del riesgo, que es una parte fundamental para el éxito de un trader.

已翻译

赞

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

添加您的观点

Technical Analysis

+ 关注

给文章评分

我们借助人工智能创建了此文章。您认为这篇文章怎么样？

很棒不太好

举报此文章

查看全部

You think you know everything about technical analysis. But do you really?

1

2

3

4

5

6

7

1 What is technical analysis?

2 Why does technical analysis work?

3 What are the limitations of technical analysis?

4 How to improve your technical analysis skills?

5 How to avoid common mistakes in technical analysis?

6 How to use technical analysis with other methods?

7 Here’s what else to consider

Technical Analysis

给文章评分

感谢您的反馈

更多Technical Analysis相关文章

更多相关阅读内容

You think you know everything about technical analysis. But do you really?

1

2

3

4

5

6

7

1 What is technical analysis?

2 Why does technical analysis work?

3 What are the limitations of technical analysis?

4 How to improve your technical analysis skills?

5 How to avoid common mistakes in technical analysis?

6 How to use technical analysis with other methods?

7 Here’s what else to consider

Technical Analysis

给文章评分

感谢您的反馈

查看其他技能