Your client doubts technical analysis due to personal biases. How can you help them see its value?
Understanding the skepticism surrounding technical analysis (TA) is the first step in appreciating its value. TA is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. While it can seem like a crystal ball to predict market trends, TA is grounded in the psychology of market participants and the idea that history tends to repeat itself. If you're wary of TA, it's important to recognize that this tool is not about certainties, but about probabilities and patterns that can guide better decision-making in trading.
-
Kunal GarudEmpowering Financial Growth | EdTech Entrepreneur | 100Cr+ AUM Wealth Manager | FMVA | Social Impact Advocate
-
Sachin SarvadeLinkedIn Top Voice| Senior Derivative Analyst @Sharekhan | NISM-Series-XV: Research Analyst Certified| 10+ years of…
-
Manish MahawarBusiness Intelligence || Public Policy || Data Governance || Project Management || Financial Management || Economic ||…