/biz/ - Business & Finance

>>30154654
Dont trade. Technical analysis is, in my opinion, the greatest financial psyop that was ever invented. The indicators are all lagging, giving the false impression that you can predict price corrections in live time. You look back at charts and go
>whoa! The RSI was diverging there! That was an obviously great trade setup!
When in reality it was the price ticking down which made the RSI move by association. As he describes in vid related
https://youtu.be/DfyNXTz4TD4

People don't realize that indicators give the illusion of the tail wagging the dog. Fuck TA. Far more intelligent people than you or I have been rekt in the markets. Just buy something you believe in and hold it. Stop hurting your mental health by being wrong 90% of the time which will make you lose confidence and trust in yourself