100%. Very much true from macro/economic perspective and also why I don’t trust anybody who claims to trade or manage money but mocks technicals. Done correctly, technicals are simply applied math.
Academic models break down in practice as they are too slow to re-calibrate and force assumptions. In practice, most models use applied math, applied economics, applied finance, applied physics.
Go test models with real capital and you’ll see what I mean.
Mar 11
at
11:33 AM
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