Post
Topic
Board Speculation
Re: Technical analysis is a another form of manipulation. Here is everything I know,
by
bdbabiak77
on 21/02/2019, 17:39:57 UTC
Might as well say water is wet. Also, tall people are longer than average.

TA has always tried to un-martingale a martingale - it's always been a joke. And crypto is obviously a grossly manipulated market. Of course, so is the Chinese stock market, and yet some people make money.

The small investor can only make money realizing he's small, accepting it. You're not going to out-HFT the big boys, and even if TA could work (which it can't mathematically - prices are a martingale), you would not be able to read the tea leaves faster and act on them faster than the big boys. You have to have a more realistic investment plan. And anything over 3-5% per annum would be really, really good for a small investor - don't be delusional.

I don't understand what the motivation for you posting this would be. Either educated investors agree with you, so it's a waste of time, or, you're talking to idiots who just get angry when you try to correct. So what's the point? I would imagine the only reason would be you venting about the ridiculous manipulation when you hoped-for/expected less?