SAMT Blog
What Smoking Weed and Investing in The Stock Market Have in Common
05. December 2021, by SAMT Guest
Events, Webinar, Guest Author Article
This is a webinar organized by our sister society STANZ from New Zealand:
What Smoking Weed and Investing in The Stock Market Have in Common (or why the markets are trending and how to take advantage of it).
When: Tuesday, December 7, 2021, from 7:00 AM to 8:30 AM MEZ
Topic: Technical analysis, mainly associated with drawing lines on charts, has evolved in recent years towards data analysis based on statistics, algorithms and other advanced tools. Thanks to the use of computers, every chart can now be analyzed much more thoroughly, for example to define the character of the price. This facilitates not only the precise selection of the right trading strategy for specific stocks, but also the estimation of the potential profits of the strategy in the future. The simplest method is to determine the level of trendiness, i.e. to what extent a given price is trending and to what extent is mean reversion. Thanks to this, we know on which charts it is worth using trend following strategies and on which it is better to catch tops and bottoms. This way, it is easier to build a basket of stocks matching our personal trading preferences and strategies used.
About the Author:
Przemysław Smoliński – a 20-year enthusiast of technical analysis and trading, both professionally and as a hobby. He got interested in the stock market in the last year of primary school and is still fascinated by drawing lines, designing and coding trading strategies. In years 2000-2006, he worked at mBank Securities, and since 2006 he has been working as an analyst in Brokerage House of the largest bank in Poland, PKO BP – firstly at the Research Department, and currently at the Technical Analysis and Investment Advisory Department. Invariably since 2012, he has been considered as one of the best technical analysts in the newspaper’s “Parkiet” ranking, and three times his analytical products got to the shortlist of finalists in the competition organized by the British magazine The Technical Analyst. Two-time winner in 2020 - Technical Analyst of the Year in Poland and the best annual profit of 175% in the Technical Portfolio of the Polish capital market newspaper "Parkiet". Nowadays, Przemysław is mainly focused on combining classical technical analysis and statistical tools with the possibilities offered by automated trading.
How to join this webinar:
To obtain the Zoom link please RSVP and you will be sent the link just prior to the presentation.
About the author
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Disclaimer: All methods, techniques, charts, analysis or results presented in this SAMT Blog are for educational purposes only. The information provided should not be construed in any way as a recommendation to buy or sell any financial instrument. You should always consult with your licensed financial advisor and tax advisor to determine the suitability of any investment to your particular financial situation. The author does not have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity. SAMT and its affiliates, directors or agents will not be held liable or responsible for your investment decisions.
SAMT nor any of its affiliates, directors or agents are a financial advisory service, nor a licensed financial advisor and do not provide financial advice whatsoever in any financial product.
Further it should not be assumed that any methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results of any individual trader or trading system presented are not indicative of future returns by that trader or system, and are not indicative of future returns which may or may not be realized by you.
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