I cannot believe you biz niggers actually believe this literal shit like it is gospel.
Market is a total random walk. There is no predicting it.
I cannot believe you biz niggers actually believe this literal shit like it is gospel
You know how in poker you try gather as much information you can to try determine what your opponent has and what you should do? And that some are better than others at this? TA is the same. It's also useless to 90% of people who buy and hold. Your thread is low quality and gay.
It's also useless to 90% of people who buy and hold.
We'll you got this part right. TA is the shittiest garbage in shits-ville. It's literally akin to hocus pocus black magic. Except for black magic has hot witch girls with big tiddies, TA is just gay magic and failure.
did you get your feelings hurt because someone called out your astrology for men TA?
Its made up, non of it is real , and only midwits without functioning brain would think it works.
did you get your feelings hurt because someone called out your astrology for men TA?
Exactly! Pic rel, one is the movement of a stock over 5 years, the other is a completely random mathematical random walk. Can you tell which is which?
No clue.
Also just realized this guy thinks he is trading against people. Lol.
markets are fake and gay and manipulated so obviously ta sucks even more but it can apply to any statistical analysis i have zero hurt feelings just stating well known facts which you seem to be worked up about.
Not very fucking “random” if it’s slowly going up - now is it?
For most of you faggots, the market IS a random walk because you’re too stupid to see acquisition and understand what it’s like to be a whale in an asset. I encourage you to become a giga whale in a nano cap asset so you can get some revelations about how the market *actually* moves.
Saying the market is “muh random walk” is about as stupid as some caveman claiming that the stars are random and have no order to them.
No I realise many bots exist in this market and guess what, they use TA.
Thinks drawing random lines and reading tree leaves is what algos are programed as .
Topest of Keks.
this faggot actually believes he is the only one who realizes what orderflow is. lol. go draw your humpback lines and double dildo dips lol.
I think the red one looks more like a stock.
I want to do this. The problem is I don't think there is any actively traded nano cap that I can become a whale in lol.
The market is a random walk
No the market is the equilibrium between people buying and selling things. This means the market is just a measure of sentiment. Technical analysis has power because enough people believe it has power. The lazy investor uses it as a crutch thus it is worth looking at when making an investment. You just have to not be the retard that makes it your only variable.
Daniel Negreanu is a wizard.
get delt 2 card
he can't see them
"oh you must have..."
Blue is apple and red is just mathematical random walk.
go draw your humpback lines and double dildo dips lol.
Kek
XKCD is LITERALLY Rèddit the comic.
Keep looking fag, I see a head and shoulders in there and a reverse cat tail!
Looks like it's fractal, like every other natural phenomenon. I suppose none of those can be analyzed mathematically either?
I suppose none of those can be analyzed mathematically either?
Some can't. There are such things as infinite nonrepeating fractals.
No the market is the equilibrium
The market is not equilibrium because the economy is not equilibrium anon. Economists think that eventually the market will reach equilibrium which is the most efficient state. But they have been saying that at least a hundred years now, and the market is as chaotic and random as ever. It will never reach this magical perfectly efficient equilibrium like economists pine for like fags endlessly.
lol you think the sentiment is orderly? you think there are paterns to sentiment to this equilibirium? Non sensical. Why are you TA-ers the richest fuckers on the world if you can spot those things. Like transmuting shit into gold.
transmuting shit into gold.
Economist think
No the economy is equilibrium. Supply and demand change daily so the calculation has to constantly adjust. A perfect equilibrium does not exist.
Do you think sentiment is orderly
Yes, people are effected by tons of cyclical variables that have effects on their disposition. I mean have you heard of seasonal depression? Its sentiment based entirely on a specific time period. Now think about how something like seasonal depression might effect buying decisions for a large chunk of the market. Its kind of like being an insurance adjuster. The probability that a specific person is going to get into an accident is impossible to deduce, but when bunching a ton of people up you can notice accident trends and adjust pricing based on that. The same is true of the economy because groups are more predictable than individuals.
No the economy is equilibrium. Supply and demand change daily so the calculation has to constantly adjust.
Nope, you can have two products exactly the same as yesterday with exactly the same supply and demand curves and the fucking market will still be different. Because it's just a huge fuck mess of chaos and randomness. There is no order, and TA is a load of shit biscuits with diarrhea gravy.
Two products
Look beyond products. I mean look at something like the futures market. Notice how the price is changing constantly. Businesses have to buy those raw materials to make goods. Those goods then get sold to customers. This means the margins that the business is operating with is changing constantly. There is also new news and then there is forced market behavior from things like options closing and forcing sales or forcing someone to buy. Hell the price of a barrel of oil can touch every aspect of the economy completely changing the equilibrium.
lol you are bigger retard then i thought.
cyclical variable in daily and hourly pricing all conjured up by lines drawn by a wizard holding a sharpie in his pooper.
go divine some water from the ground you retard.
You can use TA to identify trend, support and resistance. Anything beyond that is complete bullshit.
The water says hodl.
The water says hodl.
This is literally the best strategy. Just dollar cost average and hold. Simple, effective, actually fucking works.
It does work, mostly on shorter timeframes you'll see patterns forming. Easiest is to just look for support, moving average, RSI and wedges to predict break outs/downs
Nigger, just buy and hold. That's literally all you gotta do.
Hah, now I remember I got that wrong in the past. Seems like I get it wrong consistently. I think it's because the little kink in the middle and the big volatility swings in the second part, while in the blue line the volatility seems more constant, and stocks are supposed to have a fat tail volatility distribution.
I mostly do. That doesn't mean you shouldn't know basic stuff that can help you take advantage of volatility and predict up and down trends.
It's a random walk superimposed on a line going up
There is no predicting it.
Yes there is. A simple MACD cross strategy will keep you ahead of the market. Learn ofr stay poor.
youtube.com
Backtested.
Define random. Predictably unpredictable means it's predictable
muh TA is astrology
No you fucking retards. It’s an excuse for insider trading. That way you have an excuse for why you went all in on 0DTE OTM calls 15 minutes before major news breaking.
google trends