/biz/ - Business & Finance

>>12517633

Who? Anton? He was a sales asshole at IBs in London, yes. Now he's a snake oil merchant selling dreams to individuals believing the retail trader meme. So no, he is not legit in 'he can show you how trading works' if it's that what you mean.

>>12427727

You by no means seem incompetent - you're thinking about complex stuff here. Maybe this could be inspiring: Instead of having the view that there are only combinations of the following "methods" - let us be liberal here - to be applied in the analysis and ultimately forecast of markets being

fundamental analysis
technical analysis

let's instead look at the confusion of TA and quantitative analysis. You have to understand how properties or characteristics of data coming directly of the physical manifestation of a certain financial market can be harvested for insight in the first place. Tick data from exchanges gives you information about open, high, low, close prices index by timestamps plus volume data. If your mandate is to go and make prognostics, then THIS is what you can use to deduce said properties/characteristics. Go and derive concepts suited, i.e. statistically relevant properties of parts of the time series in certain ways for the forecasting (not only) of prices, but also volume, volatility and many more properties. You have to see how different TA is: TA (DOW theory + the various indicators) does not do that. By simply drawing a horizontal line in a chart...how, statistically, mathematically, how do you justify that this WILL BE a relevant support or resistance in price action IN THE FUTURE? You merely claim it to be...

>>12164654

I know where it's coming from. I just don't like to sound retarded by adopting it.