This is how to make money trading instead of using TA
- Thread starter Xspurt
- Start date
interesting idea for a thread.
I think as a retail trader, there really isn't really any 'alternative'.
There's fundamental analysis of course. We all know about that. Just as many have blew their accounts trying to be a 'fundamentals trader' as have blew up from looking at candlestick patterns.
There's orderbook trading/ learning to read the DOM etc, but in my eyes, that's just a form of TA.
I am certain that there are far superior methods to any of the above, but they are not available to little guys like us on this forum.
Having accepted this sad reality a while back now, I revisited TA with a new frame of mind and, touch wood, I've not had a losing month in quite a while now (not so say that i'm doing fantastic or anything)
Still, i'm all ears. Lets see how this thread develops....
I think as a retail trader, there really isn't really any 'alternative'.
There's fundamental analysis of course. We all know about that. Just as many have blew their accounts trying to be a 'fundamentals trader' as have blew up from looking at candlestick patterns.
There's orderbook trading/ learning to read the DOM etc, but in my eyes, that's just a form of TA.
I am certain that there are far superior methods to any of the above, but they are not available to little guys like us on this forum.
Having accepted this sad reality a while back now, I revisited TA with a new frame of mind and, touch wood, I've not had a losing month in quite a while now (not so say that i'm doing fantastic or anything)
Still, i'm all ears. Lets see how this thread develops....
Blowed up real good!
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