/biz/ - Business & Finance

>>56447464
>lmao the fact that you think you can accurately predict stock movements based purely on how lines match up with other lines puts you on the same level as people who believe in astrology

TA is mathematically applied human psychology: works best when there's enough human beings involved, and more data is available. It still shocks me when I predict prices more or less to the dollar, especially on BTC; though you could argue BTC is more pure in terms of data as there is less interference in price discovery, etc.

When you realize everything is priced-in, it naturally takes you to the conclusion that this sort of statistical data leads you to God: much in the same way you see patterns in nature, ie. 4 seasons, as according to the patterns of the Earth's orbit around the Sun.

But yeah, matching up lines is child's play; looking at momentum is a more complicated, but just as simple when you are used to it.