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Old 08-18-2005, 09:50 AM
Sniper Sniper is offline
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Join Date: Jun 2005
Posts: 704
Default Re: If Technical Analysis works, why isn\'t there a mutual fund for it?

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Predicting is not an essential task. What is essential is a willingness to follow a non-discretionary backtested method, long-term, based on expected value.


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Risk/Money management is far more important than any predictive model. Putting the odds in your favor is obviously better than flipping a coin. Proper application of Technical, Fundamental, and Sentiment analysis are all important tools to put the odds in your favor.
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