A few years back I cofounded a discord based wealth management group where we had this sort of "back-alley" mutual fund service ran by tradingview traders I picked, and financial education part where we would teach subscribing members about technical analysis and investment strategies.
Tbh I personally never believed in them since our profits derived from memberships and fees and most of our investing users were at a net loss; we were in the business of selling hype.
So my question is, does technical analysis ever work? Is it ever implemented by a quant strategist in a way that yields returns? (Stuff like Ichimoku clouds or Fibonacci retracements for example)
Crypto_Prospector2 karma
A few years back I cofounded a discord based wealth management group where we had this sort of "back-alley" mutual fund service ran by tradingview traders I picked, and financial education part where we would teach subscribing members about technical analysis and investment strategies.
Tbh I personally never believed in them since our profits derived from memberships and fees and most of our investing users were at a net loss; we were in the business of selling hype.
So my question is, does technical analysis ever work? Is it ever implemented by a quant strategist in a way that yields returns? (Stuff like Ichimoku clouds or Fibonacci retracements for example)
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