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Tagged: Pros/cons of technical analysis
Pro: Quicker and inexpensive.
Cons: Accuracy is lower when compared to fundamental analysis.
Pro: knowledge and discipline is acquired by studying bar charts, line charts, indicators, candle stick pattern, price &volume pattern, to know the future market
cons: there are lot of indicators & patterns to study and alsodifficult ot find the suitable for your trend
very high amount of skill is required to identify the right pattern for the future price prediction
Pros: cheaper than fundamental analysis.
Cons: accuracy is less when compare to fundamental analysis.
Pros : Inexpensive and less time consuming.
Cons : Profit margin is less and Risk taken is high compared to fundamental analysis.
Pros: Rational decision making. you just follow the market trend with knowledge and discipline.
Cons: Less accurate than fundamental
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