Technical Analysis Quotes

Anytime you fight a champion, you got to watch the tape closely and study him closely.

I used to do a lot of the day trading and the stocks. I used to have the Ameritrade and trade options.

He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend.

One of the greatest technicians of all time was a man named W. D. Gann (1878-1955). He had tremendous success predicting market moves much in advance. Legend has it that he occasionally sent notes to 'The Wall Street Journal', which accurately predicted tops and bottoms in grain markets months ahead of time.

Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage.

Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.

The markets were run by mathematicians and their models but they had no business sense.

Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I'm getting out before I get in. The position size on a trade is determined by the stop, and the stop is determined on a technical basis... I never think about [stop vulnerability], because the point about a technical barrier - and I've studied the technical aspects of the market for a long time - is that the market shouldn't go there if you are right.

Investing is about predicting the future, and the future is inherently unpredictable. Therefore, the only way you can do better is to assess all the facts and truly know what you know and know what you don't know. That's your probability edge.

We continue to advise that investors remain committed to a patient, long-term outlook and that the best way to do well in stocks is to use a disciplined, time-tested strategy that has the benefit of empirically tested results over a variety of market environments.

Generally, a rally will have staying power, technicians say, if, in addition to price movements, it has heavy trading volume and breadth, meaning that several stocks rise for each stock that falls.

Many of the engineers I interviewed worked on reverse-engineering technology. It's a hallmark of Area 51.

Investing is about intellectual honesty. You want to know what you know. You want to know, mostly, what you don't know.

Successful investing is anticipating the anticipations of others.

I try to buy shares of unpopular companies when they look like road kill and sell them when they've been polished up a bit.

I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.

The real key to making money in stocks is not to get scared out of them.

I don't much listen to music as I study it: who's doing what, who wrote it.

Many investors make the mistake of buying high and selling low while the exact opposite is the right strategy.

I don't like to come at my character from some really technical place.

The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.

The stock market to me was like a video game. When it went off, it was like turning the game off. It wasn't something I'd think about until I'd turn the machine on again.

Most investors give too much credence to the theory that prices are rational; they presume that a market collapse must have been justified by serious economic trouble.

In the short run, the market is a voting machine, but in the long run it is a weighing machine.