Is technical analysis used?
Studies indicate that most technical analysis provides an unreliable indicator of long-term future price action, with the exception of measures of relative strength. Avoid funds that rely heavily on technical analysis to the exclusion of an examination of fundamental factors concerning potential stock investments. Also Cash Flow analysis is very important from the fundamentals point of view. There are good articles on this web site about Cash Flow analysis. Atleast my systems are simple enough to follow because they use position trading, not day-trading where you have to watch the market all the time or in auto-trading where missing fills on limit orders and unrealistic volume on stocks/options leading to unrealistic fills are enough to drive anyone to the wall. This is what happens: in Position-trading I’m playing golf during day or do some other work, and only after the market closes, I do my research, with the result I get time to interact with other traders at C2 and elsewhere. In
