Why You Shouldn’t Care About Technical Analysis

There seems to be a growing number of young people who are interested in technical analysis by following social media videos without a fundamental grounding. In this week’s episode of Grow Money Business, Grant discusses his thoughts on the topic and its place in the market’s today.

 

Show Notes

[03.16] Technical analysis – Grant starts the conversation by explaining what it is and how people often overlook its legitimacy.

[10.55] Choosing securities – Grant shares the risks of choosing securities based only on this.

[18.06] Top-down approach – Grant walks us through the levels of the top-down approach.

[22.50] Investing – Grant shares his thoughts on how young people who are interested in investing can reduce risk.

 

Resources

What It Is and How to Use It in Investing

investopedia.com/terms/t/techan.asp

 

Using historical patterns and group behavior to predict future moves in stocks and other assets

businessinsider.com/personal-finance/tech-an?op=1