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You are currently reading a thread in /biz/ - Business & Finance
You are currently reading a thread in /biz/ - Business & Finance
>""""""technical analysis""""""
>>1226414
Tea leaves
>>1226418
>When you see a duck, it's time to fuck
BUY BUY BUY
>>1226418
classic bleeding duck pattern
>>1226418
He's hungry so he will peck down.
Technical analysis is fucking awful and is rarely useful. Idiots
>>1226537
>idiots
Lolwat. I think the whole point of the thread is to mock TA.
>>1226537
>technical analysis is rarely useful
kek
Fundamental analysis > quantitative analysis > gambling >>>>>>>>>>>>>>>>>>> technical analysis
>>1226414
if you dont see the obvious short signal then you're a retard and shouldnt even try trading. might as well go to the casino and gamble all your money away because that's a classic sextuple top pattern with a divergence of the 15m delta. that's kindergarten shit.
>>1226561
>not using a combination
Stay poor
>>1226570
Pretty much this. All of the people slamming TA don't have a clue.
Always be on the lookout for a Double Namibian Twist but if there's a Devil's Avocado beforehand then short your derivatives to stay safe.
>>1226613
While that and the duck chart etc. is funny, it should be trivially obvious to anyone that just about any prediction system can be effective as an indicator of future price movements if it is adhered to broadly enough.
Therefore, ignoring TA, one of the most widely used trading strategies, is asinine.
itt: lots of ta failures not wanting to grips with their shitty ta "system" that they had.
>>1226414
All you FA fucksticks missed some good TA advice from GS re crude oil on Jan 31.
Stay poor.
http://www.nasdaq.com/article/goldman-sachs-technical-analysis-on-oil-looking-for-a-rally-cm572721
>>1226561
It's this fucking idiot shill who just got his first copy of the intelligent investor
My biggest mistake as an investor and if I could drill it into my younger self's head I would:
>52 week highs and lows mean nothing!
If I would have understood this I would have 100k+ in the market right now instead of 16k.
>>1226414
What software made this graph OP? I want to try it for some technical analysis.
>>1226414
>Muh elliot waves
>>1227127
like, as in just because a stock is at a 52 week high doesn't mean you can't profit,
and just because a stock is at the 52 week low doesn't mean it's a good buy?
>there are TA idiots browsing this board right now who post about their "trading strategy"
>XDDDDDDDDD
>>1227761
why do you hate what you do not understand?
Red pill sucesfully swollen
>>1226414
