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/biz/ - Business & Finance

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6652576 No.6652576 [Reply] [Original]

convince me ta isn't financial astrology

>> No.6652646

>>6652576
>pic
Yes I can, can't you?

>> No.6652669
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6652669

>>6652576
it is. and just like astrology, it doesn't try to predict the future, nor has it the capability to do so.
it just shows trends and possibilities, that compared to other possibilities, are more possible.
>inb4 whatever, /x/-phile here

>> No.6652717

>>6652576
Because people act according to it and program their bots to TA indicators, it makes it a self fulfilling prophecy

>> No.6652781
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6652781

>>6652669
Ah, another anon from /x/. I agree I studied Jung and Freud. I make all my investments based on psychological analysis of the market. i.e astrology as the old man put it.

>> No.6652829

TA is useless over the short term, and doubly so for crypto. It has some use in the long term, though.

>> No.6652856

I can't because everyone here is too poor to afford this thing called "volume profiles" on TradingView.