Trending Content - Sales and Trading Forum
Career Resources
WSO Free Modeling Series - Now Open Through
November 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
yea first time i saw that shit, i was cracking
Haha, stupid technical traders...
lololol
I couldn't help but laugh, I'm in a public area though; i close the page to keep myself from cracking up and looking (too much) like an idiot
Now I remember why I dont post on ET..... That is quite amusing though.
Brisbane, there are DEFINITELY merits to technical analysis dont hate on it unless you REALLY understand it. Particularly in equity/futures/ and spot FX.
"Oh - the ladies ever tell you that you look like a fucking optical illusion?"
I know it's useful in futures and FX. I just don't buy it as far as equities go. My main problem is that lots of technical guys are obsessed with their charts, they don't even know half the time what fucking industry or company they're trading. To me, it's a pretty lifeless way to make money. Kind of like 8-tabling shitty limit hold 'em games on PartyPoker.
I'm curious, could you elaborate on why technicals are good for futures and spot FX? At first my thought was because maybe they are illiquid/inefficient in some cases (maybe some wierd commodities, or currency from small countries?). I'd like to hear your thoughts.
"At first my thought was because maybe they are illiquid/inefficient in some cases"
FX is one of the most liquid markets. the spreads are tiny (0.000x). but you got the second half right. it's an inefficient market for some reason, and trends tend to be useful for short term trading. im a SA in fx group, im just repeting what my vp told me.
Brisbane- Im a SA on an equity desk. I am one of those guys that are obsessed with charts but I do not limit myself to only using charts. Most of the traders on the desk use technical analysis of some form when working an order. Since when is a lifeless way of making money a bad thing? Also keep in mind, when im talking about using technical anslysis im mostly talking about in the short run and in the absense of significant news. Remember that something has to cause the trader to pull the trigger. I agree that using souly Technical analysis can be a suckers game in equity markets.
Alphaholic- Grains, Metals, Energy, maybe even financial. Currently the liquid FX pairs. In general I have found that technical analysis works best when the market is liquid. This allows for support resistance and trends to be created as many people using the same types of tools begin to see the same thing.
In general and this goes out to everyone, sometimes scanning a chart can quickly allow you to zero in on certain types of patterns. Think of this as an initial way of screening the stocks/commodities. Perhaps you see a chart like POT or APPL in their early stages and this can prompt you to start doing research on these companies.
"Oh - the ladies ever tell you that you look like a fucking optical illusion?"
Quaerat voluptas delectus ab expedita dolores hic. Fugit provident asperiores consequatur in. Non laudantium fugiat voluptatem nihil commodi voluptas et. Sed officiis quia maiores eligendi facilis aspernatur illum.
Omnis mollitia ut sit accusamus veritatis. Ut corrupti reprehenderit est sint et et. In iure velit ab aut dolorum nemo. Eaque consequuntur maxime consequatur aut beatae.
Ut dolore magni impedit repellendus molestias nisi vel laboriosam. Unde deserunt alias aut. Velit amet sunt praesentium rerum blanditiis error quaerat. Qui eius porro exercitationem aut magni.
Suscipit hic dolores quos perferendis culpa veniam ad reprehenderit. Ea eligendi quod rem sint. Quae in labore repudiandae rerum optio. Ut blanditiis est assumenda blanditiis distinctio voluptatum omnis. Eos iste est mollitia sequi temporibus debitis nulla labore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...