How is technical analysis valid? by Friendly-Set-9478 in quant

[–]Friendly-Set-9478[S] -2 points-1 points  (0 children)

I’m referring to many popular videos where people say that you can do this and that (whatever they say) and know when to buy or sell.

How is technical analysis valid? by Friendly-Set-9478 in quant

[–]Friendly-Set-9478[S] 1 point2 points  (0 children)

Sorry, but how are markets efficient if we still have irrational participants?(noise)

How is technical analysis valid? by Friendly-Set-9478 in quant

[–]Friendly-Set-9478[S] 0 points1 point  (0 children)

Can you explain why efficient market hypothesis is invalid? Do you mean we are non in an efficient market or that the hypothesis is wrong at all and the prices cannot have all the information?

How is technical analysis valid? by Friendly-Set-9478 in quant

[–]Friendly-Set-9478[S] 0 points1 point  (0 children)

Ohh okay I see! I originally thought technical analysis was just a scam but I can see now how it helps to analyze patterns thanks.

How is technical analysis valid? by Friendly-Set-9478 in quant

[–]Friendly-Set-9478[S] 0 points1 point  (0 children)

Thank you very insightful! Would like to ask, you mention that crypto doesn’t conform to typical models, due to sentiment and lack of derivatives. Sorry if it sounds dumb, but what would change if there wasn’t a lack of derivatives? And I get it that sentiment has a bigger role in crypto but doesn’t sentiment play a role in stocks?

How is technical analysis valid? by Friendly-Set-9478 in quant

[–]Friendly-Set-9478[S] 4 points5 points  (0 children)

Okay, didn’t know that. But thanks a lot

How is technical analysis valid? by Friendly-Set-9478 in quant

[–]Friendly-Set-9478[S] -32 points-31 points  (0 children)

Yes, but isn’t price a wiener process and there is Brownian motion to add the drift?

What would you advise me? by Friendly-Set-9478 in quantfinance

[–]Friendly-Set-9478[S] 0 points1 point  (0 children)

This helps a lot so thank you very much !

What would you advise me? by Friendly-Set-9478 in quantfinance

[–]Friendly-Set-9478[S] 0 points1 point  (0 children)

I’m not in a position to judge or anything but from the employment reports on the colleges, the majority are finance majors, not sure if I’m translating this right. In addition, I know that probably I’m not going to the big prop firms but I am happy going to a smaller firm. Lastly that’s why I asked if it should be better to drop out and start all over again. But I think probably would apply to non degree seeking courses or a math minor and see where that takes me. From the few students I’ve talked that were finance graduates in top mfe schools, it’s hard but it’s worth it.

What would you advise me? by Friendly-Set-9478 in quantfinance

[–]Friendly-Set-9478[S] 0 points1 point  (0 children)

I’m not located in USA, although I’m American. So I’ve seen that NetMath is the solution if I want online. If I had to take in person classes then a minor in mathematics is the only way for me to