Is Technical Analysis for Investors Really All Technical?
- By Michael N. Kahn
- Published Feb 1, 2010 by FT Press.
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Description
- Copyright 2010
- Edition: 1st
- eBook
- ISBN-10: 0-13-707101-9
- ISBN-13: 978-0-13-707101-2
This Element is an excerpt from Technical Analysis Plain and Simple: Charting the Markets in Your Language, Third Edition (ISBN: 9780137042012) by Michael N. Kahn. Available in print and digital formats.
Why technical analysis isn’t nearly as “technical” as you think--and why any investor can successfully use it to profit!
What a terrible name has been bestowed upon this method of market analysis--“technical.” Developing a new bio-medical implant device is technical. Market analysis? That is not technical. True, there are technical terms and research. Mathematical modeling can play a role. But strip away the advanced-level components, and technical analysis is just a tool for deciding to buy or sell....
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