Technical Analysis Exposed: Why most technical analysis traders lose
โ Scribed by Gary Norden
- Year
- 2022
- Tongue
- English
- Leaves
- 131
- Edition
- 2020
- Category
- Library
No coin nor oath required. For personal study only.
โฆ Synopsis
Original version "Technical Analysis and the Active Trader" published by McGraw Hill in 2006
This version published by Gary Norden in 2020
Technical analysis is widely promoted to retail traders as an advanced and robust form of analysis. It is neither.
In this groundbreaking book, veteran professional trader Gary Norden outlines the unreliable reality of technical analysis and explains why most traders who use it lose money.
At times, brutally frank, this book will be seen as confronting and controversial to many in the retail trading world. Gary pulls no punches as he explores technical analysis from various angles.
Referencing dozens of studies into technical analysis, applying behavioural finance findings and real world scenarios, Gary comprehensively pulls apart both the assumptions and reliability of technical analysis. He also explains why retail traders can be fooled into thinking technical analysis is more reliable than it really is.
If you are a trader of any kind; if you are considering using technical analysis or if you use it and are wondering why it isn't working for you then Technical Analysis Exposed is a must read book.
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