Week 11 - Technical Analysis Flashcards
(4 cards)
1
Q
What is technical analysis?
A
- getting info out the price data that’s published by the stock exchange
- using this data to predict future price movements
- gain advantage over other market players who have not been as analytical
2
Q
What is the idea of technical analysis?
A
To make money quickly - in a period of a few days
3
Q
What is technical analysis not about?
A
Not usually about long-term investment
4
Q
What are noise traders?
A
Traders who are trying to make profits over very short periods of time by watching the minute-by-minute price fluctuations
