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.
[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.
What It Is and How to Use It in Investing
Using historical patterns and group behavior to predict future moves in stocks and other assets