because there is nothing constructive about TA, even if you did it correctly. but you are just drawing random lines
but dont worry, you can chalk up losses to "overtrading" or "lack of discipline" like Mark Douglas and all the other failure TA traders
but dont worry, you can chalk up losses to "overtrading" or "lack of discipline" like Mark Douglas and all the other failure TA traders
There is a method to the madness however. Because everyone - whether they would like to believe it or not - when they look at a chart, see patterns and associate something with them based on some prior experience, etc. As a consequence, the pattern comes to fruition, and the people that saw the pattern and decided to hold/sell/buy wrote their own future. TA, at least in my opinion, to a certain extent comes down to math and the psychological aspect of trying to figure out what everyone else is thinking about before they know it themselves.
good point -- as i like to say, if there are methods that work, they can be considered functional analysis. if there aren't, why is everyone here wasting their time with a cointoss? there's satoshidice for that
i think the bear market is rustling all the newbies' jimmies
