Are Technical analysts idiots?

Do you think these technical analysts are idiots?

  • yes

    Votes: 21 41.2%
  • no

    Votes: 30 58.8%

  • Total voters
    51
#11
. . their techniques are funny...... buy above certain price and sell when it goes below certain price. this is not the right method to make money. :)
If u are a short term trader, as per TA, u must be knowing about the Support & resistences, for going long best opportunity to buy around good support or above resistence zone, all must be agree to this. This is applicable for selling/shorting also.

This is the reason, it being told "buy above certain price and sell when it goes below certain price."

dev mookerji
 
#13
Analysts are paid by companies not investors, companies want more media, advertising . if they ask you to sell all positions and sit tight for 2 years , it will mean no one will watch them for 2 years so they always want you in the loop, they tell what their business boss tells them to
 
U

uasish

Guest
#14
Analysts are paid by companies not investors, companies want more media, advertising . if they ask you to sell all positions and sit tight for 2 years , it will mean no one will watch them for 2 years so they always want you in the loop, they tell what their business boss tells them to

OK then why heed them let us do your Own TA.
 
U

uasish

Guest
#15
Ignore this advertently double cliked the same msg.
 
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rajeshn2007

Well-Known Member
#17
As far as i know, "buy low - sell high" is the method to make money. i dont know how one would make money using "buy above and sell below" techniques. My viewpoint is big money hasn't been made using ta.
 
U

uasish

Guest
#18
Buy High & Sell still Higher and Sell Low & cover still Lower are what "Trend Followers" do .
 

oilman5

Well-Known Member
#19
right method of money is not simple...to elaborate...........
cv...suggests it...also uasish is implementing...in daytrade
saint...given enough idea based on ta...basically intermediate term
traderji...a good guidance for position trade
vvonteru...[the great trader left site]..on swing trade
kartik..on experiment on ta and system
.....many a good suggestion r given in various site
...depending on ur digestion capacity...use it after suitable testing
.................................
btw: a recent thread i put some idea..learning of a dicreationary trader'
...it may help if u r beginner
 

oilman5

Well-Known Member
#20
support and resistance r dynamic....
moreover...depending on variation on chart...timeframe...it varies
...static idea...as if similarity with daily pivot...reason of most loss .
...instead follow idea of cluster of price zone...
..this is one of right approach...
..alternative..openioned idea...but not conviction...key is make more money when right,less loss when wrong
 

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