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11787065 No.11787065 [Reply] [Original]

Why do neets hate TA?

I hate nerds who take it way too far, but TA is very valuable. The more sinple methods and indicators being more than enough

>> No.11787071

>>11787065

ok anon, what indicators do you use for TA?

>> No.11787084

>>11787065
from what i can tell, most of the hostility seems to be directed towards anons analyzing their 1min candlesticks, not the general long-term trends.
this is basically your exact post/viewpoint, which from my perspective means you have no valid thread/question.

>> No.11787085

Because it says there could be strategy involved and people want to be degen gamblers.

>> No.11787094

>>11787065
oh i dunno... maybe because its called CHEATING! You need to buy based on whats spammed or if it has a cool logo like the rest of us.

>> No.11787102

>>11787071

Fib
Rsi div
Trendlines
Fractals
Patterns with backtested hit rate on btc
Volume
50/200EMA

Thats literally it.
Things like bbands and ichimoku will often confirm and collide with targets from the above if done right.

Even i get pissed off with faggots using every indicator available making seizure charts. They are a joke

>> No.11787119

It works for regular capital markets regulated by SEC - but I am 100% not confident in using TA on crypto assets when it can go up simply because Tyrone farted into some whale’s nose.

>> No.11787134

>>11787119

Wrong anon. Ask any faggot like myself who trades forex before crypto and they will also tell you TA on btc is much easier and more reliable.

Btc is much easier likely because its entierly sentiment driven and thats all TA really is at its core

>> No.11787136
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11787136

>>11787119
Have you even attempted TA with crypto? Maybe some coins will be manipulated, but it generally works and is a very useful tool for entering and exiting trades at a profit.

>> No.11787142

>>11787065
for me, it's the TA guys that ignore FA, the most annoying posters.

>> No.11787158
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11787158

>>11787142
TA fags that ignore FA are generally idiots. FA is the foundation and is generally more important than TA

>> No.11787162

>>11787142

Me then. Fuking shitt FA. Lmao. I made 20 btc shorting 6.5k because i know FA is a load of bullshit.

Bear market defined as a period where good news doesnt cause rallies no matter how good and bad news causes dips no matter how small.

We are clearly in bear and it was fucking obvious we were gonna break down from TA.
The only FA that matters in crypto is “are we in a bull or bear trend?” And mining economics + halving events

>> No.11787194

notice how TA fags only post their successes after the fact.

If any TA fag wants to be serious, post a prediction of what will happen to the price of any coin
>"b-but it's not 00% accurate"

Fine, then make 100 predictions and show that you do better than random chance. Prove you are statistically significantly better than guesswork.

No one ever will of course, because then they'd have to admit their voodoo lines don't mean anything

>> No.11787237

>>11787194

I have backtested methods with 100% success in oast 18 months. Always break even at minimum.

Combined with other set ups and ive been profitable. You misunderstand TA. Its all probability. You add risk management and R:R then go for it. Being stopped out on good set ups 2 times but then the third going massive in your favour is fine. You can easily have 5 really great trades a year with 10 you got stopped at break even on.

Compared to what? Random chance and hoping your links moon while never taking profit? Lmao

You hate TA likely because you dont wanna take the effort to learn and leave your neet bubble. But even most people still TA still fall into the emotional trap and cant do it. If you let emotions get in the way like most do on here then all the benefits are gone as tour bias comes through

>> No.11787246
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>> No.11787249

>>11787237

>But even most people still TA still fall into the emotional trap and cant do it. If you let emotions get in the way like most do on here then all the benefits are gone as tour bias comes through

this right here. how do you know when to cut your losses?

>> No.11787281

I only use TA to see where you TA fags set you stops, then i look for the next resitance, and when whales force your stops i enter.

TA its just a meme so smartmoney know what youre looking for, lmao they literally teach you to give them money.