Where your hard-earned money comes to die. Home.
|
 |
    7 posters qualify.
You have 0 points. Copying this list does not send funds. Paste it on Disperse, then connect your wallet there. |
is technical analysis total bullshit?
| deranged doobsian codepig stage | 09/23/17 |
| canary therapy volcanic crater | 09/23/17 |
| pontificating giraffe roast beef | 09/23/17 |
| canary therapy volcanic crater | 09/23/17 |
| rachmiel | 09/23/17 |
| Big Obsidian Place Of Business | 09/23/17 |
| cerebral crystalline office boiling water | 09/23/17 |
| Hyperventilating cuckoldry resort | 09/23/17 |
Poast new message in this thread
Date: September 23rd, 2017 1:42 PM Author: deranged doobsian codepig stage what the fuck are these bros doing drawing lines on graphs (https://autoadmit.com/thread.php?thread_id=3741022&forum_id=7#34276743) |
Date: September 23rd, 2017 1:46 PM Author: canary therapy volcanic crater The chart has the history of price action. It tells you what has already happened, which can give you an indication of what the current environment is. Charting is useful because it will tell you if what you think is going on or how you "feel" is supported or refuted by history.
I think anything more complex than trendlines, support and resistance and the big classical patterns (head and shoulders etc.) is largely bullshit. (https://autoadmit.com/thread.php?thread_id=3741022&forum_id=7#34276751) |
 |
Date: September 23rd, 2017 1:54 PM Author: pontificating giraffe roast beef but also OP ignores that if people BELIEVE in technical analysis it becomes a self fulfilling prophecy. oh, we're hitting this EMA/DMA? better buy/sell! (https://autoadmit.com/thread.php?thread_id=3741022&forum_id=7#34276792) |
|
Date: September 23rd, 2017 1:59 PM Author: canary therapy volcanic crater While this could definitely true, I'm not sure that the BIG (read: block) traders are using signals in that way tho, and they're the ones who really move the market. What you're saying makes sense in theory, I just think it's a little more complicated than that so I don't use that argument in support of TA (https://autoadmit.com/thread.php?thread_id=3741022&forum_id=7#34276812) |
|
↗ Patreon
https://www.patreon.com/iamgay Date: September 23rd, 2017 1:48 PM Author: rachmiel If everyone's trading on signals, it's real. Mimesis and shit. (https://autoadmit.com/thread.php?thread_id=3741022&forum_id=7#34276765) |
|
Date: September 23rd, 2017 2:08 PM Author: Big Obsidian Place Of Business no, but the way it's done is not rigorous. almost everything in technical analysis can be back-tested, which means done properly technical analysis turns into quant investing.
the best analogy ive seen is technical analysis is to quant investing what alchemy is to modern chemistry. (https://autoadmit.com/thread.php?thread_id=3741022&forum_id=7#34276881) |
|
Date: September 23rd, 2017 2:56 PM Author: cerebral crystalline office boiling water hdy (https://autoadmit.com/thread.php?thread_id=3741022&forum_id=7#34277258) |
|
Date: September 23rd, 2017 2:37 PM Author: Hyperventilating cuckoldry resort For cryptocurrencies, it's largely bullshit because crypto doesn't express cyclical patterns as neatly as other securities (https://autoadmit.com/thread.php?thread_id=3741022&forum_id=7#34277116) |