If anyone can name a person who has made a sustantial fortune trading stocks by using "technical analysis" then i'll believe it.
years ago, I ran a day-trading firm for about 3 years, there were more than 300 people in and out total, many claimed to be experts in technical analysis.
The result: all perished or badly injured.
Those who said technical analysis were "bullshit" were winners like Warren Buffet and Peter Lynch.
I say those who arguing for the merit of technical analysis are a bunch of "blithering idiots", they just don't know what they are talking about....
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If anyone can name a person who has made a sustantial fortune trading stocks by using "technical analysis" then i'll believe it.
Jun 24 13:29 pm
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years ago, I ran a day-trading firm for about 3 years, there were more than 300 people in and out total, many claimed to be experts in technical analysis.
The result: all perished or badly injured.
Those who said technical analysis were "bullshit" were winners like Warren Buffet and Peter Lynch.
I say those who arguing for the merit of technical analysis are a bunch of "blithering idiots", they just don't know what they are talking about....