Technical Analysis is probably a better trading indicator than Quantitative Valuations. I don’t think it hurts to have a basic understanding of it…作者: kd26gioi 时间: 2013-4-28 08:05
Just learn about it…It could be a couple of easy points there作者: pawn 时间: 2013-4-28 08:06
I actually enjoyed the technical analysis reading. But that’s probably because I have a first hand experience in trading and have used all those indicators 作者: nitoha 时间: 2013-4-28 08:06
^ 180 degress opposite.
I crammed all the knowledge while saying to myself “this is just BS you have to learn for the exam.” No other way.
At a basic level, I accept that trends continue more often than they break. But the TA portion of the Level I curriculum went far, far beyond that, to actually calculate future price based on the chart patterns.
Hogwash.作者: tikfed 时间: 2013-4-28 08:06
I think too many people don’t think about the fundamentals that drive charts. You’re reading patterns that are often largely based on quantitative indciators. It’s a mix of market psychology and valuations that help patterns form. Support and Resistance levels reflect where traders feel a stock is overbought or oversold, which I’m sure is commonly based on valuation models.
There are some indicators that are a bit ‘far out’ but I’ve traded very successfully on technicals and I don’t understand why some people are so against them. They other thing with technicals is that the patterns can be self-fulfilling, so if you’re one of the few who decide to ignore technicals, you’ll be the one losing your shirt.作者: morebeans 时间: 2013-4-28 08:07
iteracom wrote:
I never understood why people whine about topics they feel are dumb. If you want the CFA charter, you need to pass the exam, if you want to pass the exam, you have to study what is on it.
Technical analysis could be on it. Just study it.
You can choose to not accept it when you got the CFA charter
Alas,he speaketh the truth作者: RepoToronto 时间: 2013-4-28 08:07
Like it or not, you gotta do it. I wasn’t too big a fan of this reading (or taxes)作者: ramdabom 时间: 2013-4-28 08:07
Man, if you’re worried about learning from charts wait till you get to economics…作者: Spongebob 时间: 2013-4-28 08:07
When i cleared level I, it was the smallest and easiest reading of all. There were no charts, figures and dry stuff.作者: sabaruch 时间: 2013-4-28 08:08
chibwack wrote:
Man, if you’re worried about learning from charts wait till you get to economics…
haha, that’s what I was going to say.
and fyi Schweser, if you’re reading this, pg.271 in Book 1, #11 is not a very nice problem to give anxiety ridden candidates!作者: bluejazzy 时间: 2013-4-28 08:08
Sticks and charts may break my bones but words will never hu…oh oops作者: bulosehi 时间: 2013-4-28 08:08
This reading still haunts me.作者: d2rockstar 时间: 2013-4-28 08:08
I just finished the Technical Analysis reading a few weeks back and I actually enjoyed it. Easy concepts and seems like they should straight-foward on the exam. Don’t know why everyone seems to hate it.作者: jarobi04 时间: 2013-4-28 08:09
Yeah, so far I’d say technical analysis, agg. demand, prices, output and business cycles are my favorite los’s just cause they’re so easy to apply to “real life”. Doesn’t mean they’re easy to grasp though.作者: PalacioHill 时间: 2013-4-28 08:09
This video highlights the most important parts of the reading.
http://www.youtube.com/watch?v=DZF353Ve_5s
If you are not particularly interested in Technical Analysis and simply want to pass the exam here is what you do:
1. Listen to the video.
2. Do all the practice problems at the end of the reading (and understand them well)
The two or three questions you get on the exam will most likely be derived from the practice problems in the Curriculum.
