trading is very personal do it and learn. that will entail some cost. and that is why the most successful traders are 'rich' when they started trading. those who are not this get wiped out. all business is like this. if you cannot survive the bad times.......if you do not have the capital to survive the downturns....you are dead before you started. i have lost money for 13 years....but i am still trading.
All this TA is wonderful. But if you are looking at your chart, what is it telling you to do tomorrow?!? It is telling you nothing about tomorrow. It is telling you only what you should have done yesterday.
well you do not need TA or charts to tell you that what goes up does not come down. do not forget that trading went on before TA or charts were in existence
Technical analysis does tells your about 'tommorrow' professional traders only trade with technicals. fundamentals is not that important for 'traders' who especially daytrade. or momentum traders volume its volume that they care about. in trading which is why many traders abandon some stocks. price doesn''t change and no trades
Padu and butter, stop posturing, and stop the hindsight analysis. What entry will you make on Monday morning? Your charts are telling you a story. Are you going to wait until the story is done and then enter the trade in hindsight and tell us how much money you made in sim, or are you going balls to the walls and entering with real money before you can draw hindsight lines?
I and you were talking about TA. i find it amusing if you say TA is nonsense because price is TA and you are saying price is nonsense. in any case TA gives me money and if tea leaves reading gives me money i will continue to do it.