Career as FX technical analyst/chartist

[Zzzz1]

Which book, was he ever trying to sell anything other than his ego?

Good god, Is Marketsurfer starting the "TA" debates again? Creating controversy all so he can shill his book?

 

[Zzzz1]

I second that, technical analyst as a job description in 2016 is non-existent. Not even banks employ those people anymore. They were granted a stay when the milk and honey was flowing even though they added zero value even back then.

Name one accredited U.S. business school that teaches TA as a course.

No one is hiring "technical analysts" outside of marketing departments, if even.

If i am wrong, prove it by posting a few job listings for the position.

Thanks,

Hampton

 

[Southampton]

One needs to be advanced into coding in order to be a good valuable TA in an investment firm. Otherwise, like several have said above, TA is considered a light infantry on the battlefield of trading.

Fundamental Analysis has the value despite 90% of the fund managers not being able to beat the S&P 500. TA is much more efficient, valuable and logical IMHO than FA but is considered a voodoo art.

Wall Street has fake and hypocritical culture. TA guys are called Quants to make it look good in the $6000 suit and tuxedo gatherings.

Mostly correct but

Quants have nothing to do chart TA.

In addition , if you want to identify the quants at any gathering look for the guys who look homeless. Not the 6k suit guys!

 

[wrbtrader]

Name one accredited U.S. business school that teaches TA as a course.

Thanks,

Hampton

I think I listed 22 out of 45.

Surf asked that question too and when I posted the info...he didn't say anything. There's schools like University of Texas, Carnegie Mellon University, University of Richmond, University of Rhode Island, UC Irvine. McMaster University, George Washington University, Bentley University, Ball State University, MIT (many more)...

I believe I only listed the ones that actually showed photos of their state of the art trading rooms and that had sponsors from some of the top financial firms. Not sure at what level the TA is taught. Many many years ago I did attend (as a visitor) a class taught about GAPs at the University of Texas by Julia Dalquist. It was basically regurgitated stuff you'll find in the MTA journals.

The issue I'm making is that even if the mentioned school doesn't teach a class exclusively about TA...the topic is included in the course work of a class. Thus, the students are being exposed to technical analysis. I can still remember a friend's daughter calling me and asking me about "bollinger bands"...a chapter discussion in one of her classes only 5 years ago. Simply, I don't know any schools that teaches a exclusively a class on TA but the above list do include schools that TA is part of class work (e.g. a class about Dow Theory that's sometimes taught at business schools).

The other important issue I made in a similar topic here at ET...all the mention schools have sponsors from top firms and those firms "do send" guest speakers to these schools...attended by students.

That's all off the discussion by the thread starter and old news. The thread starter can easily ask any of those people at the links I posted to find out more information about their career path (U.S. or European) to discover its more difficult these days than years ago to become a technical analyst.

I think most at some point did an "internship" at some firm and they eventually decided to go that route (techncial analyst) as a job. Tough jobs to get these days, hours are long and pay not that great unless you've won some kind of awards as an analyst at a prior firm.

Therefore, the appropriate college is part of the equation for someone wanting to choose "technical analyst" or "technical strategist" (often used in Europe) as a career at some firm.

By the way, when I was young and had the opportunity to visit some of those "so called" state of the art trading rooms at other universities...they were very impressive and a little shocking that a sponsoring firm would fork over that many millions of dollars to build.

I doubt they're doing things like that today.

 

[Southampton]

I think I listed 22 out of 45.

Surf asked that question too and when I posted the info...he didn't say anything. There's schools like University of Texas, Carnegie Mellon University, University of Richmond, University of Rhode Island, UC Irvine. McMaster University, George Washington University, Bentley University, Ball State University, MIT (many more)...

I believe I only listed the ones that actually showed photos of their state of the art trading rooms and that had sponsors from some of the top financial firms. Not sure at what level the TA is taught. Many many years ago I did attend (as a visitor) a class taught about GAPs at the University of Texas by Julia Dalquist. It was basically regurgitated stuff you'll find in the MTA journals.

The issue I'm making is that even if the mentioned school doesn't teach a class exclusively about TA...the topic is included in the course work of a class. Thus, the students are being exposed to technical analysis. I can still remember a friend's daughter calling me and asking me about "bollinger bands"...a chapter discussion in one of her classes only 5 years ago. Simply, I don't know any schools that teaches a exclusively a class on TA but the above list do include schools that TA is part of class work (e.g. a class about Dow Theory that's sometimes taught at business schools).

The other important issue I made in a similar topic here at ET...all the mention schools have sponsors from top firms and those firms "do send" guest speakers to these schools...attended by students.

That's all off the discussion by the thread starter and old news. The thread starter can easily ask any of those people at the links I posted to find out more information about their career path (U.S. or European) to discover its more difficult these days than years ago to become a technical analyst.

I think most at some point did an "internship" at some firm and they eventually decided to go that route (techncial analyst) as a job. Tough jobs to get these days, hours are long and pay not that great unless you've won some kind of awards as an analyst at a prior firm.

Therefore, the appropriate college is part of the equation for someone wanting to choose "technical analyst" or "technical strategist" (often used in Europe) as a career at some firm.

By the way, when I was young and had the opportunity to visit some of those "so called" state of the art trading rooms at other universities...they were very impressive and a little shocking that a sponsoring firm would fork over that many millions of dollars to build.

I doubt they're doing things like that today.

Please post the actual course work for TA at the schools you list. I searched them and nothing about TA comes up. Please be specific with evidence of an accredited school teaching TA beyond historical references.

If you are going to cite andrew lo's research at MIT on TA , I can show you research on astrology and the paranormal-- It doesn't mean the school teaches it as a real discipline.



Thanks.

Hampton

 

[Zzzz1]

with all due respect, Carnegie Mellon has nothing whatsoever to do with Technical Analysis, Technical Chartist and other charlatan professions. How I know? I completed the MSCF program.

I think I listed 22 out of 45.

Surf asked that question too and when I posted the info...he didn't say anything. There's schools like University of Texas, Carnegie Mellon University, University of Richmond, University of Rhode Island, UC Irvine. McMaster University, George Washington University, Bentley University, Ball State University, MIT (many more)...

I believe I only listed the ones that actually showed photos of their state of the art trading rooms and that had sponsors from some of the top financial firms. Not sure at what level the TA is taught. Many many years ago I did attend (as a visitor) a class taught about GAPs at the University of Texas by Julia Dalquist. It was basically regurgitated stuff you'll find in the MTA journals.

The issue I'm making is that even if the mentioned school doesn't teach a class exclusively about TA...the topic is included in the course work of a class. Thus, the students are being exposed to technical analysis. I can still remember a friend's daughter calling me and asking me about "bollinger bands"...a chapter discussion in one of her classes only 5 years ago. Simply, I don't know any schools that teaches a exclusively a class on TA but the above list do include schools that TA is part of class work (e.g. a class about Dow Theory that's sometimes taught at business schools).

The other important issue I made in a similar topic here at ET...all the mention schools have sponsors from top firms and those firms "do send" guest speakers to these schools...attended by students.

That's all off the discussion by the thread starter and old news. The thread starter can easily ask any of those people at the links I posted to find out more information about their career path (U.S. or European) to discover its more difficult these days than years ago to become a technical analyst.

I think most at some point did an "internship" at some firm and they eventually decided to go that route (techncial analyst) as a job. Tough jobs to get these days, hours are long and pay not that great unless you've won some kind of awards as an analyst at a prior firm.

Therefore, the appropriate college is part of the equation for someone wanting to choose "technical analyst" or "technical strategist" (often used in Europe) as a career at some firm.

By the way, when I was young and had the opportunity to visit some of those "so called" state of the art trading rooms at other universities...they were very impressive and a little shocking that a sponsoring firm would fork over that many millions of dollars to build.

I doubt they're doing things like that today.

 

[Southampton]

with all due respect, Carnegie Mellon has nothing whatsoever to do with Technical Analysis, Technical Chartist and other charlatan professions. How I know? I completed the MSCF program.

Thank you. CMU is a great school

I am also familiar with many PhD and MQF programs across the country-- never a TA or astrology course--lol

Why these people insist otherwise is bizzare.

 

[Southampton]

Good god, Is Marketsurfer starting the "TA" debates again? Creating controversy all so he can shill his book?

It starts with bumping threads referring to himself in the 3rd person.

Now he is insulting people, suggesting someone get a job at Starbux inferring that they have no other value due to TA.

Makes one wonder how Marketsurfer/SouthHampon earns his money. Surely can't be from the one or two generic calls he makes averaging down into a position, taking massive heat on size, but never adding to his winning positions.

From previous posts it was my understanding he lost a large sum of his ex-wife's money trading. Sued her for Alimony. Lost more money trading his friends money who committed suicide. Now leaching off his wife's salary, kayak fishing and shilling some generic book he compiled from ET threads he trolled. Least we forget his $120 Nadex account.

Some nerve, suggesting someone isn't good enough to make it in the trading world and apply at starbuck's... Those that live in a glass house shouldn't throw stones....

@Baron I know it was a business decision to allow the previously Banned Marketsurfer back to post his dribble. He is going back to his old ways, won't take long before he pulls the site down again...

You need to live in reality. Sorry if the truth hurts. But its for your own good.

 

[wrbtrader]

Please post the actual course work for TA at the schools you list. I searched them and nothing about TA comes up. Please be specific with evidence of an accredited school teaching TA beyond historical references. Thanks.

Hampton

Please do your own research and the list I just provided you...doubt you called them all in that short timespan.

I'll state once again...TA is not exclusively taught. In contrast, chart analysis is part of some classwork. All the schools I listed are accredited unless something incredible has occurred at those U.S. universities (e.g. Penn State Smeal Business school is still accredited...correct?)

Also, at last time I checked (a few minutes ago)....chart analysis is still consider part of technical analysis.

P.S. Call to find out who is the sponsor of those so called "state of the art" trading rooms. Start from the point...find out when they have guest speakers and then find out if it will be part of a curriculum class (students have to learn it).

P.S.S. Some of those mentioned universities compete in famous trading competitions. Attend a few competitions and talk to the students and ask them what classes did they take that had topics on TA. I'm sure they'll tell you what topics they learned, what sucks and what's interesting. Once again, I don't know any universities that exclusively teaches a topic on technical analysis.

 

[wrbtrader]

with all due respect, Carnegie Mellon has nothing whatsoever to do with Technical Analysis, Technical Chartist and other charlatan professions. How I know? I completed the MSCF program.

I don't know what is a MSCF program.

In addition, I provided a list of schools with "trading rooms" that also had taught TA topics in classes (although the class isn't about TA). I didn't say anything about getting a degree in TA or taking a TA class that was a "required" course topic.

By the way, Canegie Mellon use to several years ago have a photo of their trading room and I do remember one of their advertisements..."Our students learn chart analysis and many other topics".

I do not know what they have today.