UWC underwood capital limited

Pre-Tax NTA, page-128

  1. 6,900 Posts.
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    [/QUOTE]

    @Burlzey

    "TA is beneficial for day trading. Long term... Not so much."

    Your above statement is totally incorrect,  in actual fact TA is perfect for long term and is much easier in longer time frames as decision making becomes far less complicated

    " It's far too hard to include any accurate consideration for the markets (retail and institutional) reaction to KPI's or Milestones being achieved or not being met."

    TA doesn't worry about all the noise you talk about,  so IF you understand it,  it makes it much easier.

    "If those on Wall Street had used a little less TA and a little more theoretical understanding of the 'markets' before and during the GFC, they wouldn't have lost nearly as much money as they did. "

    Your understanding of TA is lacking as  it is the investors that didn't sell that got smashed,  anyone using TA correctly would have exited their positions either prior or at the start of the 2008 crash and not hung on to their long positions.

    Anyone holding through the crash was not using TA correctly  - plain and simple!
 
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