Change my view: Technical Analysis is pseudo science. People use hindsight bias to find patterns in random data for them to make sense of it. There are too many variables involved to develop probabilistic models for it to work.

I am generally curious if you think Technical Analysis is not pseudo science and some people (or yourself) have actually 'figured it out'. Please provide scientific/rational arguments about why you think it is not pseudo science. Would love to hear it.

Submitted March 05, 2019 at 09:18PM