Post
Topic
Board Speculation
Re: Technical analysis is total bunk.
by
piramida
on 17/02/2013, 12:49:49 UTC
Yeah, TA is the same as a coin toss - but only if the coin would generate similar results for everybody tossing at the same time. So what Puppet said - instead of being 50% random, TA gives the edge of knowing when to enter / exit the market because of herd mentality, markets are all about herds actually.

Not always right, but even more than 50% is good enough.