STA Monthly Meeting October 2006
Aboudy started off working as a chartered accountant with Arthur Andersen, before trading his own account since the end of 2001. His talk is aimed at challenging traditional technical analysis and analysts who, in his opinion, spend too much time looking for “pretty” chart patterns rather than focus on what technical analysis is meant to be, which, according to him, is a tool to aid real-world trading. Aboudy would like to stimulate thought, reach into the spirit of technical analysis and open up new ideas and ways at analysing charts for real trading.
He will be discussing the rise in program trading and its effect on the technical analysis discipline. With the growing trend in machines rather than humans carrying out trading, questions will be raised on the use of conventional technical analysis and its relevance in the modern marketplace. Aboudy will be discussing his views on the future of technical analysis and his opinions on how as market technicians, we need to go back to the heart of technical analysis to help us face the future. To assist in this, Aboudy will be demonstrating VIA Trader as the first real time technical news service designed to provide a stream of valuable analysis and in depth commentary to allow for rapid assimilation of key market information.
Aboudy Nasser is the founder and Director of VIA Trader, an automated real time technical market news commentary service.
Next STA Meeting
STA Monthly Meeting – October 2023
The main reason for ineffective strategy construction which leads to non-reproducible results in real time and hence inconsistent performance is due to not knowing the 3 critical strategy stats. To overcome this challenge and construct sustainable, scalable and reproducible strategies in a quantitative manner, the Smart Money Framework was developed by the quants in the 1960s. With this framework we will have the 3 critical stats to help us construct optimal entries, stop loss and exits. When this is further combined with volume, our probability of capturing the bigger runners increases. All of the above will be explained further in detail by the presenter.
Future STA Meetings
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