LOL. I guess you refer to those who use statistical measurements as "nonsense that people spout to seem sophisticated".
There are traders who use primarily fundamental analysis or technical analysis and those who use both. I prefer to use both.
People use statistical measurements everyday without even realizing it. Balancing a checkbook. Seeing what their porfolio has done. Evaluating mortgage parameters, interest, gasoline mileage etc etc etc. I suppose they do that to be "sophisticated". LOL
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