Quote: (03-24-2017 04:55 AM)Australia Sucks Wrote:
Technical analysis is squiggly line voodoo. Its complete bunkum. "Value" investing is the way to go.
Tell me if you were buying a small private business (I.e. no share price chart), what would you look at?
We're speaking about trading here. Not investing. They are not the same. The value that technicals within the trading world to limit risk shouldn't be discredited, but they do just that. They don't provide the key to riches. They provide a reason to get in and get out, and a place to get out if all things go catastrophically wrong.
"Money over bitches, nigga stick to the script." - Jay-Z
They gonna love me for my ambition.