Therefore we cannot rely on trading charts when trading, because the results of technical analysis and fundamental analysis are not
guarantee 100% accurate. Possible 50% -80% accuracy of the results of trading charts, and of course this fact is very risky for those
who rely on trading chart. Sometimes we need experience, instinct, knowledge and luck to succeed in trading.
The bolded one is very important in trading, not a chart or TA's we need to acquire in trading coz these all things aren't of big help. Decision making is somewhat a big role in trading and that is quite coming from those things above.
It is to say that traders aren't particular to that chart's and rely upon on it, the trend changing all the time and we can't either say that what happens last year (the same date) or even last month will actually be happening today. Have nothing to see that for sure and that is the reason that we can't just say trading charts will be helping a lot.
You got the point but you cant really deny that majority of traders are making use of that technical aspect.Okay lets say that this isnt important
then how do people do deal up with the market without plotting any trend lines or support or resistances? Just by doing some random guess?
I dont think so thats why people do keep on speculating basing of into their analysis which i do say much better than making out positions
just because your guts do tell you to do so.