True and he doesn't start threads about trading and TA with random chance of a thread being about how it "works" or is a "losers game".
It is not stressful for the pros who trade probabilities like a casino , but it is for the poor t/a boy betting on direction (he is trading direction , not probabilities )
How many of the pros told you about it, that they don't incur any stress associated with trading? I read interview with Paul Rotter where he admitted he does incur the stress. Or is he not pro enough for you, just like Vic Sperandeo who admitted to have stopped day-trading because of blood pressure?
UPDATE ON MY BEFORE HAND CALL.. ITP.TO is forming an ascending wedge. LOL! Getting reading ready to push through.
Doctor of phsychology If you know your probabilities , trading has less stress because YOU knows YOU will win overall.If you are betting on direction with t/a like a casino gambler ,phsyche is playing on your emotions and trading , hence fear of loss , anxiety etc is giving you chronic stress.
There is a flaw in your thinking. If you develop a profitable system using T/A, you aren't a casino gambler. Casino gambler odds are less than 50/50. My odds are definitely higher and my system is 100% objective. And has been for over a decade.
Not to mention I'm sure there are some systems who's odds are less than 50/50 BUT the upside trades FAR outweigh the losers.
Yea, any trader better be happy with system which has, say 30% winners, but average winning trade is 4X the average losing trade. Win rate is by far not the most important characteristic of successful trading.
UPDATE ON PCYC call.... http://stockcharts.com/h-sc/ui?s=PCYC&p=D&yr=0&mn=3&dy=0&id=p59462657555&a=274635918 making new highs from cup and handle formation.....ie:William O'neil, Dan Zanger etc. up 8%..... definitely stay away from TA, very dangerous..... it will make you money and create a tax problem!