Why technical 'analysis' is garbage (explained by a quant developer)

Описание: Technical analysis, if you can even call it a form of analysis, is total garbage. Here's why.

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Stock prices follow a random walk:
1) https://web.williams.edu/Mathematics/...
2) https://www.tandfonline.com/doi/abs/1...
3) https://thescipub.com/pdf/jmssp.2010....

Noise Trading and "Illusionary Correlation" in US Equity Markets: https://academic.oup.com/rof/article-...

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Why technical analysis is garbage — an evidence-based critique from a quant developer. Stock prices follow a random walk. Chart patterns, trend lines, and indicators produce inferior results compared to quantitative trading strategies.

What you'll learn: why technical analysis is pseudoscience in financial markets, the random walk hypothesis and efficient market theory, how noise trading and illusionary correlation fool retail traders, and why quant developers reject technical analysis for systematic approaches.

Academic sources cited: Eugene Fama's research on random walks, noise trading studies on illusionary correlation in US equity markets, and peer-reviewed quantitative trading research.

Papers:
https://web.williams.edu/Mathematics/...
https://www.tandfonline.com/doi/abs/1...
https://thescipub.com/pdf/jmssp.2010....
https://academic.oup.com/rof/article-...

Mentoring: calendly.com/coding-jesus
Discord: discord.gg/ZSrHrAw

#QuantTrading #TechnicalAnalysis #RandomWalk #AlgorithmicTrading #FinancialStatistics