How can you even claim that technicals matter?

Discussion in 'Technical Analysis' started by farmerjohn1324, Jan 30, 2020.

  1. Pekelo

    Pekelo

    You fall into the "black and white only" fallacy.

    Have you ever considered sometimes it is black, sometimes it is white and occasionally it can be grey too?

    Earnings? Fundamentals. Nothing else happening during an average week? Technicals. The trick is to know which one to listen to. And yes, unforeseeable events can happen anytime, there is no way to predict those.
     
    #61     Jan 30, 2020
  2. What hole? Are you saying I'm trying to trade the wrong things? Why can't people here speak English instead of riddles?
     
    #62     Jan 30, 2020
  3. You're bragging about laziness?
     
    #63     Jan 30, 2020
  4. Hole? You're not a fisherman? You don't understand "fishin' hole"?
     
    #64     Jan 30, 2020
  5. speedo

    speedo

    Chicks dig it :D
     
    #65     Jan 30, 2020
  6. Ok, I'll pick on. S&P e-mini.

    I'll guess "up" every time because it goes up more often than down. Is that >50%?
     
    #66     Jan 30, 2020
  7. First off, it does NOT go up more often than it goes down. It goes up exactly the same number of times it goes down in all markets. It's just that in a bull market, the "up moves" are larger.

    What I'm saying... is that if what you're looking at isn't working, it's because you're looking at it wrong.
     
    #67     Jan 30, 2020
    easymon1 likes this.
  8. wrbtrader

    wrbtrader

    I think some here are using you as entertainment and at a forum like ET...it usually leads to my dick is bigger than your dick type of discussions (e.g. here's my mansion...now show me yours) :rolleyes:

    Just take a deep breadth and walk away

    wrbtrader
     
    #68     Jan 30, 2020
  9. I don't give a fuck what people are using me for. I'm trying to see if there's any sense to make out of this. Or any way to predictably get a higher return than I can elsewhere.

    I'm guessing that the answer is no and that none of you do, either.
     
    #69     Jan 30, 2020
  10. #69     Jan 30, 2020
  11. There you go. You've got it solved for you. If I were you, I wouldn't waste any more time on it.
     
    #69     Jan 30, 2020
  12. wrbtrader

    wrbtrader

    When there's chaos in the world or many feel panic for whatever reasons (e.g. coronavirus)...

    Some people tend to freak out and not concerned with trying to predict to get a higher return.

    So yeah, for some...the answer is no and most probably do not care.

    wrbtrader
     
    #70     Jan 30, 2020