NEWBIES BOARD

[agorich]

Thanks for the warm welcome. I guess the first thing I would like to ask is about a conversation I had with a buddy of mine. He just completed his CFA level 3 certification and I showed him a board here that spoke about Technical Analysis. He mentioned to me that TA is the Astrology of the stock market.

What has anyone's experience with TA been? From what I gather, it can help you jump in right after an up or downswing. If you want to assume it will jump when the crosses are formed, you can then get a larger risk/reward scenario for yourself. Just curious on people's mindset over the matter.

Thanks!