Post
Topic
Board Altcoin Discussion
Re: Market is about to pump
by
o48o
on 14/11/2022, 16:34:52 UTC
You should understand too how TA works or atleast have the basic knowledge on it because you will determine if the analysis is true or not base on the data they are providing. Some TA analyst is always posting bias analysis by getting the signal that they want on the time frame which they can see the signal even though the general trend is against it.

It's right to not trust anyone TA but it's not bas on reading some of it because they might a chance they are giving a correct signal that you can verify if you have the knowledge to understand it.

I don't think you read my post. I understand how ta is supposed to work, and there are ton of of different ways and technics how people are using for it. I was talking about probability, and track record, not facts. But that's the issue with probability, people don't understand it they see only if prediction has been right or wrong and probability is a huge spectrum of possibilites.

I don't know exactly what you mean by TA being true or not, they are just data, using history as a prediction tool and trust that market movements "rhyme" with the past data.