This almost sounds religious and zenlike. Nothing wrong with that, as long as objectivityis maintained when evaluating claims. I have never seen evidence of such success nor do any peer reviewed studies indicate that it exists-- I prefer science over anecdotal evidence. Personal feelings have no place in objective reality. Ill take your word for it that u can do it but the evidence shows that your success is despite charts, not because of them. Money management can keep u in the game long enough to get lucky with a few big wins that will create the illussion that the success arises from your chart reading. Its truly insideous and tons fall into the trap.
Your right. Trading visually purely from price action as displayed on a price chart is how i meant it to read. s
Yeah, and then they go long or short because they predict the Dow will reach $XXXXX by their dog's birthday!!!
If you can really do it, I can't argue with that-- but i can say the evidence is overwhelmingly against you. surf
YOU would be expected to come to that conclusion. If you spent the time and effort required of a trader that you spend promoting yourself and illusory lifestyle and trying to convince others that their efforts are futile, you own record of "calls" might not be quite so dismal.
How can a chart be wrong, when it depicts the price, time, and volume of transactions that happened?. Reality in other words.
Its not "wrong". But the past is not the future and the map is not the territory. Charts don't show what happened AFTER the trade is entered-- the only thing that matters!