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Tag Archives: technical analysis

Why I’m not renewing my MTA membership

I’m a member of the Market Technicians Association (MTA) and a holder of their Chartered Market Technician (CMT) certification. But not for long. I had a good reason for joining and I have an even better reason for leaving. What I actually lack a good explanation for is why I remained a member for so long time. The MTA is ...

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Why technical analysis is shunned by professionals

The poor reputation of technical analysis is well deserved. It’s their own fault really. The way this field has expanded makes it very difficult to take it seriously. It’s been reduced to a slogan used by scam artists to sell nonsense books, trading systems, newsletters and ‘mentoring’ based on quasi religious numerology and mysticism. Professionals stay clear of the term ...

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