Psychology of Market and Necessity of Embedding Technical Analysis (TA) Knowledge into the Portfolio Models

Stock markets modeling to maximize stock traders incomes has always been a major concern. However, this field still suggests the need for more accurate and comprehensive models. In this paper subsequent to an introduction to the field of portfolio optimization, the main challenges of the field in development of new models are discussed, and then the potentiality of TA in improving the level of portfolio models is justified. The paper also proposes the general structure in which TA would be helpful.