Quote from: Gimmelfarb on May 29, 2014, 09:53:22 PM

Quote from: Broseph Stalin on May 29, 2014, 09:44:19 PM

I'm pretty much just starting to grasp TA myself, but I can really recommend following people on tradingview and trying to replicate their charts.
I learn by seeing and doing, so applying the TA of others and seeing the results help a lot.

yes, this can help. however, be careful not to go blindly on the TA of others. it is very easy to miss a projection, and then it is up to you to adapt to the market. i think some people look at another person's chart, thinks "that's plausible", then when a prediction or formation gets invalidated, they don't realize it.

Yeah, absolutely. I find my self both agreeing and disagreeing with people I follow, which is good. That means I'm thinking logically and going deeper into the meaning of their analysis. If I was just looking at a bullish scenario and applying my emotions to it, believing that it sounds plausible because I want it to go up, that would be very bad and could lead me to lose it all.

I've learned that you have to be willing to adapt to changes when you see them. My first chart had a channel leading up to $621.. then we broke out of it. I really had to trust in my ability to understand what was going on then and change my strategy.