Why the hell would anyone write such a useless article. I have to vent as to hope that nobody reads this article and takes it seriously at all. Not only is it rampant with claims that have no proof or studies to back them up, it is incredibly disingenuous, toxic to read, and harmful for anybody trying to make a serious career out of trading.
This article literally made me dumber.
"Technical analysis can “possibly” make you money, guys. Possibly. The rock I’m holding my hands right now can possibly make you immortal. You don’t know that and until someone dies while holding it, you have no proof it doesn’t work!"
This is the shittiest sentence I have ever read in my entire life. Does this faggot have any logical compass whatsoever. Obviously not.
Then he says this shit; "You can’t make money consistently by with technical analysis, period. In fact, this is the modern day version of a guy going to the casino with a “system.” But no if you had to remember one thing about this whole article, let it be this one: never buy any program/software/coaching/whatever on technical analysis. It’s all 100% bullshit."
What the fuck are you even saying? Do you realize that every single market in the world is determined by price action? All technical analysis is is a means to decipher that information. If you don't look at price action as a trader what the fuck are you doing then. Playing with your feces?
"You can't make money consistently by with technical analysis, period."
He adds the period at the end as if he had any credibility to start with. Then tell me why there are tonnes of successful traders in the present and history that have relied on nothing but the study of price action AKA TECHNICAL ANALYSIS to consistently beat the market year in and year out, tell me why you fucking clown do 1/3rd of investment institution spend a hefty fee employing technical analysts? Huh, Why?!
I'm asking these questions as if I care what this piece of shit has to say. I don't, he can go fuck himself.
The reason I am sharing this is in the hope that if you have read this article you have not taken this shit spewed whole heartedly. It is extremely detrimental and this "advice" can cost a fellow trader so so much P/L Gains. He is a fraud, a sore loser, and a fucking clown. And this article has shown me how truly sad he is deep deep down.
Fuck You Fscomeau
If you made it this far here are some tickers you might be interested in: $BVTK $TECL $AAOI $EKSO $QBAK
PS: If you're mainly a fundamental type of guy there is nothing wrong with that, but there is no reason to limit yourself and not use both forms of analysis. The way I see it analogously traders are like warriors and all warriors have a sword and a shield. A shield corresponds to FA; a sort of defense that traders can fall back on. And a sword (TA), for the offense, what a trader should to plan his attack aka entry and exit points.
Submitted June 05, 2017 at 04:07AM by FinestPiff http://ift.tt/2qSjeOz
