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Difference, once again, between using the close when there are long candle wicks on high, low or both (in this case) and missing the move. Anal-retentive types will just stick to what they see the majority do. Safety in the crowd mentality.

DFTF "Don't fight the Fed".

When I'm shopping for a new car, of course I check the technicals (speed, braking & MPG in that order) how fast it goes and stops and secondarily how much does it burn doing it. No EV's for me just yet. Fundamentals like comfort and reliability are a given nowadays - no need to bother. But most...

Over 10 years ago.

And here is a pic grabbed from Point 72 website. What is that? Are those Moving Averages and Trendlines on their Bloomberg? Sacrilege. hehe stop digging. Good night.

I know. Beat ya to it:- Post# 17 "Yup amazin' how so many ignorantly lump drawing lines and stares at charts, that us sophisticated folks don't use,......." So so sophisticated that a high majority of HF's, just like retailers, lewz. But at least they do it in a sophisticated way. :D

Yup see umm "hedger" Cathy Woods/Ark how not checking a chart to determine when to bail destroys capital faster than the Fed can print it. No doubt statistical relationships come into play but seriously can't believe those you mention above care a whit about reading up on a stock. The same...

As if you don't stare at your screens whether or not they contain charts, or do you claim to have everything all figured out? o_O

I don't mix work and hobbies, not good for the PnL. But you seem to wiggling around about TA. Yes they use OHLCVI etc (aka as Technicals) but no they don't use Technicals. :confused:

And is down -3.18% today. It applied when it was said. Lol @ u Nevermind it is also still less than half of its all time high.

TLDR Shouldn't you be spending more time with the big boys - that you seem or imply that you know so much of what and every of one them does? One size does not fit all.

Funny you mention that. Just read this morning:- (Bloomberg) US housing battle In some areas of the US, first-time home buyers and small investors have the upper hand on supposedly sophisticated players that badly misjudged the property market. While big investors that leaned on algorithms —...

Yup amazin' how so many ignorantly lump drawing lines and stares at charts, that us sophisticated folks don't use, with all that encompasses TA. Much of what they do in fact use.

How it that? The use of TA studies cover all PA flow, not just us retailers.

Surprised they use drawdown + dollar amount and not percentage. KISS I suppose?

"I have only come here seeking knowledge Things they would not teach me of in college I can see the destiny you sold turned into a shining band of gold." OP is not seeking validation AFAIK. o_O Bought original version when it first came out and completely happy I did:-

That was the point of my posting the link - to those who point out hedge funds don't for the most part use TA, as reason why retail traders should not either. And my thought exactly why we should ... is because we are not hedge fund traders. In the same way if I had had the opportunity to play...

Agree with that, except in the case of old fashioned cruise control with driver alone in charge. Not current type that automatically adjusts for a vehicle moving into lane in front of you and such.