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dwRK
post May 12 2021, 11:06 AM

the consummate chartist
*******
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Joined: Jun 2006


QUOTE(lee82gx @ May 12 2021, 10:26 AM)
Trying to predict the bottom of a share is a pointless exercise.
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it is fulfilling and confidence boosting to be able to read the market... especially top and bottom...

majority never try to learn... or sucks at it

whilst you can never buy the absolute bottom... able to buy near the bottom pivot is not pointless wink.gif
dwRK
post May 12 2021, 06:37 PM

the consummate chartist
*******
Senior Member
6,251 posts

Joined: Jun 2006


QUOTE(lee82gx @ May 12 2021, 04:24 PM)
I profess to suck... And I absolutely don't believe there is a point to do this, when cathie is actively buying and selling every damn day. What momentum there may be, will be disrupted immediately when she sells a winner and buys a loser and vice versa....
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I believe knowing both FA and TA will give the best outcome

billions of people actively trade everyday, not just cathie... the charts show the outcome...and tell a story

dwRK
post May 12 2021, 06:56 PM

the consummate chartist
*******
Senior Member
6,251 posts

Joined: Jun 2006


QUOTE(rexus @ May 12 2021, 12:59 PM)
Any recommended resources to learn?
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intro here... site got lots of great info
https://www.investopedia.com/technical-analysis-4689657

whist focus is on forex... TA lessons are universal
https://www.babypips.com/learn/forex

dwRK
post May 12 2021, 08:06 PM

the consummate chartist
*******
Senior Member
6,251 posts

Joined: Jun 2006


QUOTE(rexus @ May 12 2021, 07:07 PM)
Appreciate it man
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np

fyi, some stocks/etf/fx/crypto follow ta quite closely... whist some not at all, or only sometimes... when one is more experienced, can easily tell and apply the right strategy..

good luck
dwRK
post May 13 2021, 03:07 PM

the consummate chartist
*******
Senior Member
6,251 posts

Joined: Jun 2006


QUOTE(zacknistelrooy @ May 12 2021, 11:22 PM)
Good to see someone else advocate for both. Quite rare for me at least.

Even for professional certification prescriptive they divide both into two and never really advocate to know both.
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great fa companies also crashed 30-50% last year... savvy investors with some ta skills would have taken some profits and buy back at much lower prices, or buy puts to hedge

dumb fa ppl will keep dca all the way down... keep catching falling knives and bleed... then pray for recovery.... I never wanna be in this situation again wink.gif

all the text books, stock reviews, analysts reports.... market makers uses these misinformation to dump on dumb money

This post has been edited by dwRK: May 13 2021, 03:30 PM

 

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