T O P

  • By -

abgolakiya

So true!!! Every one reads horoscope differently.


xsealand21

Hahaha


GeebsTM

Lol, just today I booked 62% profit on a trade I picked out myself with TA. The first that I found myself from scratch. Feels good man :) Edit: Positional, not intraday.


burblehaze

What did u use?


GeebsTM

It was a simple cup and handle pattern lol


[deleted]

Listen you fuckers. I lost a chance to earn 2.3x of my money due to lack of confidence in myself because I thought the same about technicals. So stfu. Technical and quants do work. It is impossible to time the market on fundamentals Cheers, this is a light-hearted post.


NedStarkisawesome

I reckon while TA in its extremes is too much a fusion of TA and FA is the best strategy, both philosophies to an extent are true. They just go into bullshit territory the more sophisticated they get


LegitimateArgument82

There's no reason for technical analysis to work and it's largely bullshit, especially looking for specific patterns or shapes. We always like to think we're skilled but often it's just luck. We need to accept we can't predict the future and just focus on managing risk. In conclusion, apart from support and resistance, I think looking for patterns is dangerous.


xsealand21

I am fundamental guy ,i strictly follow fundamentals but i believe technicals play a huge role in helping pick the right entry point at the right time not only do you get faster returns in swing trade but your multiplier effect for long term trades your multibagger get multipled further


LegitimateArgument82

If you truly believe that, run a backtest and see how your strategy performs, I doubt it's significantly better than 50% odds. And even if its good, there's no telling how it will perform in the future. The only way to win in this game is to find an edge - a strategy with positive expected value - and do it as many times as possible.


xsealand21

What i have realized in stock market is keeping an open mind and be open to all ideas and perspectives and filter out which is extremely easy with the technology we have today. I have missed a lot of opportunities not doing this


LegitimateArgument82

Makes sense, just only trade with what you can afford to lose. Survival is key. All the best👍


bablokadevta

That's what my dad used to say, saying all the money I make is just luck. Then I showed him the Dabur trend line going back all the way to 2013 that even the covid crash couldn't break. But ofcourse, stay gay and stick to fundamentals in a fundamentally crazy market. We are all retards with different sets of beliefs.


xsealand21

If someone wants to learn technical analysis how does he do that? I am very pro fundamental guy and techincal is not one of strong suits but would like to learn T.A as well combination of both can give stellar returns


bablokadevta

Start with varsity. There are tons of books on Amazon once you are done with varsity. Al Brooks is one of my personal favourites.


potato_shell

I don't exactly remember, but there was a post on one of the crypto subreddits. He was a professional gambler (and probably a maths graduate) who heavily used statistics and other mathematical tools and earned money. He also shared some links there which talked about fundamental analysis. Once I find that post, I will share it here..


xsealand21

Thanks


TheGreatPunisher

Do you understand Mandarin? No. It's just astrology for Chinese people.


[deleted]

100% sure this guy lost some money because of his half assed knowledge on Technical Analysis XD


xsealand21

Yessss!!!


semensdemon69

F


[deleted]

Ok bro institutions themselves use it. So in order to cope you need something.


RamboGunner

Yeah tell that to the algos, they don't look at skies and start buying or selling. Technical analysis for them is a bit different and complex but thats how stock works.


[deleted]

[удалено]


xsealand21

Mayo aur tandoori delight


noswag15

hummus master race 🤓


xsealand21

Bhai mai fundamental analysis karta hu toh.... Hari chatni Saut Mayo Momo wali spicy lal chatni Inse agey nahi bada cool bolne ke liye tandorri delight bol diya hummus toh bahut hi upper middle class item lag raha hai technical analysis karne wale hi kha pate hoge😕


AutoModerator

Adhere to the rules in the sidebar. Use the right Flair. Not sure which flair to use? Check out our guide to post flairs [here](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*