Does technical analysis work or not?

Does technical analysis work in your opinion?


  • Total voters
    57

RichB Trader

Newbie
2 0
Personally I have had some success with TA. Mainly trying to put probabilities in my favour. At 50% win rate and 2.5:1 risk reward then the outcome will be profitable. No every trade doesn’t win, but around half do and those that do win more than the losers.

The general bull market in the last year like a rising tide does float all ships but through TA I have picked some good stocks.

My question, assuming we are all traders, if you don’t use TA (and it seems most people don’t like it on this forum), what do you use? Fundamental? Buy and Hold?