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/biz/ - Business & Finance

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7493436 No.7493436 [Reply] [Original]

How TA basically works:
> People start trading stocks
> They think they see patterns
> They start drawing these patterns down and try to compare them to the current charts
> It works sometimes
> People publish their patterns
> If the current market acts a little like those patterns, people start believing in them and sell off when the pattern says it's at an ATH and buy back in when they say it's an ATL
> Stocktraders gave those patterns and indicators names and use them often
> Indicators have great influence in the markets

>> No.7493572

>be retarded
>know absolutely nothing about TA
>has never used TA successfully
>thinks he understands markets
>want confirmation from bagholders on 4chan to feel less bad about sucking

>> No.7493601

>>7493572

then do some TA for me bud, oh wait, you can't because reasons

>> No.7493615

>>7493572
>be retarded
>know TA
>use TA successfully
>doesn't understand markets
>wants (You)'s

>> No.7493708

>>7493572
Gj sir Brendt can u tell us when dip gonna be?
Have a nice day