Quote:
Originally Posted by mrbaseball
HFT is 100% technical
Because you are defining technical analysis as literally the complement of fundamental analysis, and such a term has little value. A more pragmatic definition would be one derived from looking at the common elements in a basket of technical analysis books or techniques, e.g. charting patterns, charting tools, and indicators. But techniques such as backtesting, cross-validating, correlation analysis, programming etc, which btw will hardly ever be found in a basket of technical analysis books, is more accurately described as data science or quantitative analysis. If you don't believe me, then how many trading job titles do you see called Senior Technical Analyst? Cleary, the industry has made a distinction here.