/biz/ - Business & Finance

>>1417918
Buy the dip, on ceru muh nigga

that pic
>every forex poser

>indexmemester still asshurt i called the S&P and oil crash 2 days ago
If you shorted it yesterday you wouldn't be poor now

>>1417918
B-but but but TA is real I tell you! I don't care that the number one rule in finance and investing is "past performance does not indicate future returns" I want to believe in my magic squiggly lines!

>>1418353
Just stick to using it for entry/exit points only, you'll be fine.

>>1418353
Oooops
>>1414928

>>1418353
The truth is that many people trade on published analyst opinions, so these opinions have a lot of pull in the market, whether they're true or not.

>>1418509
>>1418377
That was supposed to be sarcastic but I guess I'm just not funny.

>>1418541
>the number one rule in finance and investing
TA has a lot more to do with psych analysis than finance.
If I could show you that by scaring the shit out of ten people, I could cause them to run out of a room, how much would you bet me it wouldn't happen with the next ten I brought in?
If you apply "past performance/future results" to this, I shouldn't be able to predict it at all.

>>1418621
>scaring the shit out of ten people
You can't scare computers and HFT algorithms, moron.

>>1418594
Kek. Chartists are always good for a chortle.

I saw 2 crows fighting over a frog. Is it an omen?

I used to be a chartist. I used to be a pattern analyzer.

It's all horseshit. You spot the trend then tell people, making it a self fulfilling prophecy

The game comes in where you look for the convergence of the indicators that the HFT's trade on, and look to frontrun them. The golden MACD crossover or the death cross are two i know of that MM's for a fact link up on and pump to death

>>1418642
That's not true.
Once I scared an algorithm so bad, it jumped three feet in the air.
True story.

>>1417977
the S&P 500 and oil haven't crashed though

This board is worse than /b/

>>1418353
Then why are quants paid half a mil a year just to analyse squiggly lines?

>>1418660
depends on their entrails. i'd have a certified haruspex take a look at them if i were you.

>>1418761
>i-it's not happening f-fuck TA ha ha
Sure thing bub, maybe you should buy some more ;^)
I will enjoy some more % returns on my open positions, courtesy of a carefully few quantified technical patterns while poverty and memes keep you company

>>1418801
yeah, at least /b/ has porn

>>1418836
Because they have experience which breeds intuition.

>>1417918
technical analysis works a lot of the time tho...

>>1420130
>a flipped coin lands on heads a lot of the time tho...

>>1419334
would it be possible to turn the OP image into porn?

>>1420488
I believe that there are sites in the deep web that do exactly that.