/biz/ - Business & Finance

If manually drawing various lines and fibonacci retracements was actually profitable the simplest possible program would outperform you in miliseconds as soon as any condition was met. In fact even if it was profitable just 51% of the time such bots would make billions instantly erasing all the edge you thought you previously had.

But yeah bro you drawing an MS Paint tier crooked trend line and then one more line on the RSI indicator surely is predicting what's the come with great certainty lmao.
LIterally just astrology for men.

We are here

>>54007938
>*chuckles*
>You fool
>You utter fool
>You call THAT technical autism?
>By bollinger's beard, you've much to learn
>Now witness what I'm capable of with only 10% of my power

Why do people use technical analysis when traders at the biggest investment banks say it's all horseshit?

Just crunched some numbers, looks like this is it, the tides have turned.

What are you looking for in an exchange, /biz/. Both general features and display/graphing ones.

Bonus points for links to your favourite open source library.

https://www.youtube.com/watch?v=hccNZfiLYRw

How come the percentage of TA threads have dropped off massively at this point in time? I remember when we dropped from 64K to 29K last year and like 50% of the catalog was various memeline masters posting their predictions, now there's barely anything.
And even in other times there was always some whatever trendy indicator or chart formation which was spammed, be it the Wyckoff (wackoff) distribution or le head and shoulders or hash ribbons indicator always something.

Now there's almost nothing, except maybe that one RSI stoch anon posting, God bless him. Where are all you other fuckers? I miss purple thicc line anon

>>50239931
Nowhere in the discord does he actually advertise call services or anything at all. It's just a chatroom with apu profile pics hanging out and talking about forex plays with some occasional off-topic banter. What is it about forex anon that makes everybody here seethe and foam at the mouth so hard?
The only thing I have against him is sometimes he comes across a dick over chat, that's it.

>>29753840
> y = ax + b
Who knew this function can be used to predict future.

>>29693974
> draw line touching 2 points
> "yep that's enough to predict all events in the future"
TA fags are retarded and don't even realize this.

>>29546241
>obvious downchannel

>>29073973
>TA doesn't really work for large ETFs
newb :^)

>>28927370
Whoa, he really does has a point.

>>28769446
Yeah, it's almost like charts are not mathematical function and are driven mostly by sentiment, hype and trust in fundamentals with a pinch of randomness (I still can't get over CLOV, bought shares right before hit piece that dropped its price by >10%)

Reminder that stocks are pure gambling. Only companies that pay dividends go along with the original spirit of investing - you put money into growing company and enjoy the fruits of this cooperation.
Jews ruined the idea of investing with margin (credit) and gambling (leverage). Not to mention most stocks don't and never will give back money for your investment.

>>28218991
>meme lines

What do you guys think about my TA of GME?

>>27156659
bullish for GME

why don't we make an index fund that only has the latest meme relevant stocks like GME, AMC, etc, so people can just invest in that instead of having to find and pick each one out individually? there could also be a shitcoin index fund, so you can invest in all shitcoins at once

>>26932023
Thanks bro I'm gonna get rich now

Hey, patternfags and analysis niggers, what can you tell about BTC crabbing now, how will it resolve, will dildos be green or red?

>>24175215

I wish Biden would come out and talk some policy so the market can drop where I need it too and I can scoop up the cheapies.