It’s a fun game and it throws funny shade for getting the answers wrong, but who would have guessed and sized these answers right based on this sparse data without any additional context? There’s barely enough data in the charts to do TA properly.
Well the map is not the territory. Just because there’s been a big gap down on a chart that wasn’t the chart doing that, the chart displays that as some kind of causal event like an earnings release or something the company has done to make the market react. So I don’t know what kind of Quant can look at that sparse TA data knowing nothing else about the company and make those calls accurately or know how to size the positions. One random money in a crowd will randomly do better than trying to sensibly do TA with this data.
Exactly — chart-only TA is tough without fundamentals context. For Korean markets this is even more pronounced since retail flow dominates. I've been working on fundamental data for KOSPI/KOSDAQ if you ever want to add an Asian market mode.
Do you have any links to find out more about this? Because the Korean market reads like some kind of addict-driven basket case and I’m getting bored of waking up in the morning and finding they’ve burned valuations to the ground again. What’s your take about the retail flows and the fundamental data on the KOSPI?
Volume is on there but not shown until toggled on. Yeah making it blind on company and broader macro/market movements is what produces some of the the jeopardy, and outperforming the random monkeys turns out to be a bit tougher than some players might be expecting.
