现在技术分析还有用吗？

Core Viewpoint - The article discusses the diminishing effectiveness of traditional technical analysis in the current market environment, emphasizing the need for investors to adapt to new strategies and methodologies as market dynamics evolve [1][4]. Group 1: Technical Analysis - Traditional technical analysis is becoming obsolete, as it often fails to account for the influence of quantitative funds and retail investors using similar tools [1][7]. - Technical indicators serve primarily as supplementary tools for identifying better entry and exit points rather than as definitive predictors of market movements [2][14]. - The reliance on technical analysis can lead to significant losses, especially when market conditions do not align with historical patterns [9][10]. Group 2: Value Investing - Value investing is portrayed as a challenging approach that often results in lost time and capital, suggesting that it may not be suitable for all investors [3][8]. - The article advises against the misconception that small capital can yield large returns, warning that such thinking often leads to losses [8]. Group 3: Alternative Strategies - The article recommends focusing on practical strategies such as convertible bonds, dividend stocks, and low-leverage ETFs, which can be more effective for average investors [4]. - Emphasis is placed on risk management and understanding personal investment psychology to align strategies with individual characteristics [4][5]. - Learning to manage positions and having contingency plans are highlighted as essential skills for successful investing [4].