Though there is a long-standing assertion that you cannot make money in the long term solely by using technical analysis
Would those be assertions by the same ivory-tower types who insist that price returns are random? The TA that works well hardly ever -- maybe never -- gets written up in econometric articles. Little wonder that they are unfamiliar with it.
Somebody just tell me how to get rich or send me a check and I'll stop posting lol. Everybody here just wants to get rich and that is the bottom line.
Pit traders use TA + execution edge where execution edge = ridiculously cheap commissions + light speed executions That's why when pit traders lost their execution edge, they lost their game
It's a real shame you can't invest in hindsight bubbles, because those bubbles always stand out a mile.
I agree with another poster here...Watch the China Bubble...But never never put all your eggs in one bubble. Spread your bubbles around...oh gawd! a bubble saved is a bubble earned...