Prove to me that Technical Analysis Works.

MacBookProHo said:
Fundamental analysis and investing is Easy. Just buy and hold all of the top handful of stocks everyone else is trading/investing in the for the really long haul. All of the obvious big names. None of those will go bankrupt; they will only grow in value.

Trading, however, trading for true profit...is a much more complicated game that very, very, few seem to master. If someone can trade, predict, and manage themselves daily while watching the S&P...using options....they can get very rich quickly.
Some people would be so happy to earn 10% in a year...try a day,
More...


I don't think investing should be our topic.
To prove FA work, you will need to beat market, to earn at least above long term 10% annual profit.Don't think buying stocks and hold them for 30 years is any kind of FA. If I say my TA is to buy SPX and hold it for 30 years( because 120 year chart proves that strategy), OP would not agree it prove TA works.
 
Last edited:
MacBookProHo said:
Just buy and hold all of the top handful of stocks everyone else is trading/investing in the for the really long haul. All of the obvious big names. None of those will go bankrupt; they will only grow in value.
More...
Not exactly true.
ZIP.AX_Barchart_Interactive_Chart_06_06_2022(1).png
 
TazTheLaz said:
Predictable. Nothing could possibly go wrong by being exposed to consumer debt during a recession...
More...

Here at ET...people laughed at me about that issue when I created a thread before the Pandemic that I was debt-free...as in I no longer had consumer debt. There's just too much consumer debt out there.

My response was that something always changes that's around the corner and you're going to wish you didn't have the burdensome of consumer debt especially when interest rates begin to rise, oil prices begin to rise, and grocery store prices being to rise...everything begins to rise.
  • I knew we had been living off the fat too long and something was coming that will shake everything up like dropping a hornet nest.
Boom...the Pandemic hit us, now a War in Europe impacting oil prices, and now there's the scary Mr. Inflation. There's going to be a lot of hurting this fall for those with too much consumer debt that they can't manage especially if we go into a recession.

Unfortunately, many will just run up more consumer to get by when times get tough...the wheel then keeps going around and around.

The good thing, jobs are easy to come by for now for those not lazy.

wrbtrader
 
Last edited:
TazTheLaz said:
Predictable. Nothing could possibly go wrong by being exposed to consumer debt during a recession...
More...
What does that have to do with TA???
It's your thread and you're not adding anything of value to it.
 
Got a brother who's 401k back in 2020 went down 200,000 in value. Heard that and was like :wtf:whaaa the eff

He sez it is back above whatever the total value before that paper loss.

Chit that's a couple of years wages he almost "gave back" - by just following the long term buy, buy, buy don't use a stop can't time the market nonsense.
 
SunTrader said:
Got a brother who's 401k back in 2020 went down 200,000 in value. Heard that and was like :wtf:whaaa the eff

He sez it is back above whatever the total value before that paper loss.

Chit that's a couple of years wages he almost "gave back" - by just following the long term buy, buy, buy don't use a stop can't time the market nonsense.
More...

You can time the market-- however you don't use technicals. Use insider buying and the Shiller PE ratio. (Hint: the dip isn't going up for a while)
 
TazTheLaz said:
You can time the market-- however you don't use technicals. Use insider buying and the Shiller PE ratio. (Hint: the dip isn't going up for a while)
More...
You can't be serious. That is like saying how to avoid getting hit by an out of control vehicle is to listen for the squealing brakes. Toooooooo late.

Price action is all - an important level broken.
 
You must log in or register to reply here.
Back
Top