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Technical analysis is nothing more than the study of stockcharts. It is not a magic tool and nobody claims it works 100%. It does not work 100% however, its value is being to pick out information in the stockcharts. Take note, each candlestick in a daily stockcharts with a period of 6 months...

Now, this is a case where the knowledge of technical analysis (with trend analysis) would have helped you instead, of hurt you. Guessing stockmarket direction and thinking you are going to make easy money selling put options is foolish at best? Time decay usually, helps the options seller...

You can probably, file an extension to file your tax return.

When in doubt, get a 2nd opinion from a qualified CPA. Like any profession, you will have the best and worst at any given time. Maybe, a CPA seeking new business might give you a free 30 minute consultation to ask questions? If not, spending a couple of hundred dollars probably, is worth it...

Just got out of my reverse indexes as I saw selling coming in. My stop losses took me out. I want a strong rally to the upside by the stockmarket. There are a couple of stocks I am waiting to short. Also, the perfect time to re-enter my reverse indexes for another swing trade.

There are more extreme liberal billionaires the likes of Zuckerberg, Bezos, Gates, Buffet on the left and all claim they are for the poor yet, continue to use their tax loopholes to enrich themselves and avoid a lot of taxes. Turnips are the poor Joe Biden voters who still think he is the best...

Oil will be one of the best sectors to have monies invested on going forward. The pipe dream of environmentalists of replacing oil with green energy is just that. What the green energy CEOs do not tell you is, they need huge subsidies to keep their businesses alive. The cost of green energy is...

A lot of retail traders get drawn into selling options for premium, be it calls or puts because of the high win rate. Wow, 80% winners or 90% winners. What they do not talk about is the small amount of premium you are collecting which could be just $50 or $100 per contract. In exchange for that...

Anything worth doing, involves doing some work. Experts in their field, be it a heart surgeon, airline pilot, top hedge fund manager, etc. all put in the time and effort to be the best in their fields. A lot of new retail traders, use TA superficially. That is they analyze the stockcharts by...

Handle123, you got that right. There are multiple parts to a good trading system, technical analysis (including analysis of trends), risk management, position sizing, etc. All have to be part of a good trading system and you have to backtest your trading system to make sure you have an edge or...

Like I said, you are free to believe whatever you deem to be right. I have already stated my reasons why I believe otherwise. Now, you do not like my strong opinions, that is your problem. Why would I change my beliefs to go along with you when I believe you are wrong? That would be dumb.

There go the personal attacks. You cannot handle anyone contradicting you. Grow up, you are acting like a child.

What is mostly, 80% certainty. Okay. You are entitled to believe what you may.

TA is not BS as a lot of good traders use it including, the best hedge fund managers. Just because you do not understand it and do not know how to use it, does not make it BS. Nobody is forcing you to use TA, nobody cares whether you use it or not. Spare us the nonsense.

What you do not realize is when you buy an index fund, you are essentially, following the major trend of the stockmarket. You may not be aware of it, but, essentially, you are applying and using the same principles of technical analysis, a major point of which is trend following. A lot of the so...

I just use technical analysis and let the percentages take care of the rest. What matters is your trading system. Do you have an edge (positive expectation) or no edge (negative expectation)? If you have no edge, no matter what you do, you will lose all your monies, guaranteed. However, a...

Well, some people has to be making monies all these times? Not everyone is a losing trader. The best run hedge funds run by top traders make monies most years. Now, they have losing years as well. It all comes down to percentages, nobody bats 100% or have the need to win 100% of the time. For...

A lot of traders, even here at ET, trade without an edge. They follow hunches, they follow what other ET trolls tell them. When you are trading with negative expectation, it is like going into a Las Vegas casino to gamble. Now, common sense should tell you, whatever game you play, you will lose...

Again, the charts by itself is only a tool. You cannot predict what will happen next 100% and more so, the government. However, even politicians tell you what they are going to do most times which guides you in how to handle your life to minimize adverse effects from actions of your politicians...

Here is the problem, the fools that say technical analysis is bunk expect it to work 100%. There is no such thing. Only Bernie Madoff claimed he placed 77 straight trades in the stockmarket and never suffered a single losing trade. If you believe that, you believe in unicorns I am sure. None of...