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Fooled by Technical Analysis ~ Michael Harris
Welly Tambunan
edited
Machine Learning Statistics

Hi All,

Any one have been reading this book ? Based on this book seems that all technical analysis method like chartist and indicator is not far from astrology. :)

http://www.priceactionlab.com/Blog/the-book/

This book also divide the trader into naive technical analysis, expert TA and naive quant and TA.

So i think based on that all the strategy seems to be random because of overfitting and data mining bias.

Is that true also with most of strategy in Quantopian ?

How can we differentiate this from the real edge ?

Cheers

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