TA, PA and FA are flawed, meaning that any person who will try and make money by using just these things will fail dismally, which of course is a fact that most are aware of. However, depending on your circumstances and your chosen market/instrument/time-frame, they should not be ignored. Here is a typical example. The US market opens at 09:30 and the ES will exhibit certain volatility in the first 30 min. Depending on what "news" is about can affect the level of volatility, but, the volatility during this time-frame is usually different to other times. This means that there is a difference, and a difference is not to be confused with a pattern. So, the text book trader will look for patterns, whereas the person who knows they do not know will look for a difference. The difference can make all the difference between making and losing money during this time-frame. As I said, you are just there, just watch the wording, as prudent risk management is not an edge, it is a fundamental requirement, and there is a BIG difference.
None of this makes any sense. ZERO And nice assertion that price action, technical analysis, AND fund analysis all don't work. Have to laugh I've never seen this statement. THE SKY IS FALLLING NOTHING WORKS.
It only doesn't make sense if you have no real experience in the markets. Scalper is 100% correct, I would reccomend listening to him rather than acting like an expert in a field where your own words reveal you clearly a noob. Hamp
I wouldn't know your experience or lack of same unless your revealed it yourself, your own words make it clear you either lack experience, or are a life time loser in the financial markets. I hope its the lack of experience, life time losers make me sad. I use to like to surf. But I am a very old man, way too old for young people sports like surfing- can't risk getting hurt at my old age. Hamp