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/biz/ - Business & Finance

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55591162 No.55591162 [Reply] [Original]

Is technical analysis even real or just wishful painting of graphs?
Do any of you successful trade with it? How do I learn it? I'm in crypto on and off since 2014 and still didn't make it
>Give me the real trader enchilada

>> No.55591622

>>55591162
I don't know how anyone could "be in crypto" since 2014 and not have a decent retirement fund. I would honestly kms.

>> No.55591648

>>55591162
the only thing that's real are trendlines because they show a real trend that has/is happening and trendlines are all you need.

>> No.55591660

>>55591622
>I don't know how anyone could "be in crypto" since 2014 and not have a decent retirement fund.
altcoins, leverage trading, didn't accumulate enough....there lots of ways it can happen

>> No.55591742

>>55591162
TA is real, it's just human emotions and maths, problem is crypto is manipulated so it doesn't always work.

>> No.55591747
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55591747

>>55591162
ta is real but it's simple and you need to keep it simple
most of this shit you see on youtube or hereis bullshit
here's some of the simplest ta for you
buying anything time before 2025 will result in a profit if you are selling any time between mid and late 2025
the chart shows that the bottom to top is less, as is normal, with each cycle
this is a trend and it's yet to be broken, 3 years grreen and one year red with decreasing gains in %
however, with the increasing institutional interest, i predict that the trend will be broken to the benefit of bulls and we will see a larger % gain than last cycles top
bobos will seethe at this prediction but it's what i'm betting on, they will be betting that the trend will broken to their benefit and the three greens will turn red forever or something

now you can do this with other assets but it's not as clear cut, though real estate is pretty easy. It's on an upward trend with four years between the tops and bottoms. Every bottom is a higher low and every top is a higher high. Similar to bitcoin.
This is the most basic ta you can get and on the longest timeframes so it's easy to do.
The shorter your timeframe the ahrder it gets and not necessarily even more profitable for the work you put in. Ultimately you need to do your own work because nobody is giving this info out for free unless they don't think they will be believed. And if someone is asking you to pay you must naturally assume they are not profitable traders.

>> No.55593165

>>55591162
>/biz/ness and finance
>is TA real?

>> No.55593177

>>55593165
it's a good question. TA is astrology for Men as one twitter roastie put it.

>> No.55593187

patterns emerge from the collective actions of the many, they act on seeing the patterns of others, expecting the others to act on that pattern aswell
ta + external conditions

>> No.55593207

>>55593177
>the planets dictate my feelings
vs
>people will act on a pattern in anticipation of a repeat of previous results

>> No.55593218

yes ive been denied vagina for telling the hoes astrology isnt real