The Importance of Technical Analysis in Trading

Reported about 1 month ago

In a discussion on Yahoo Finance, Jared Blikre and Kenny Glick emphasize the significance of technical analysis for traders, asserting that it removes emotional biases and focuses on market trends. Glick, who describes himself as a 'short vol trader,' highlights the volatility index (^VIX) and how technical indicators help clarify stock movements devoid of narrative distractions, especially during high-stakes periods like earnings season. The conversation also touches on the evolving role of AI in trading, suggesting that traders are increasingly reliant on algorithmic trading powered by AI.

Source: YAHOO

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