TA question often asked... "Do trendlines work"?

While you follow Scat and lose money, I’ll do what I do and make money.

 

Hello longandshort,

I enjoy Scat post and I do not trade directly as he illustrates. But I enjoy his illustrations.

My trading losses have turned around greatly this year. I am actually doing extremely well in my day trading. Very well actually.


Full Disclaimer : I am currently a Losing Trader so far of about -$4,800 on the fiscal year of 2023. Let's see how the next 2 months go. My comments are not worth a penny with a hole in it because I am losing trader right now

 

I think you should just stick to your usual EPS, P/E , EBITDA, and leave technical analysis to us grownups.

 

I prefer horizontal levels.
IMO, price bounced because of the levels to the left.
Broken resistance becomes support.

 

Fixed it for ya!

 

And YOUR own trading performance? I don't recall ever seeing any. Need I say anymore?

Why are there so many folks here who care more about other's problem when they can't even solve their own? Get your own house in order first.

 

My ytd sharpe is 3+ Doing great ty.

 

Correct on all points. When diagonal lines hold, they work the same.

 

Based on what? Your words? You know what they call people like you on Wall Street? @$$wipe.

At any rate, I wish you all the best.

 

don't lie, you've never been to wall street.