Is this luck or does TA work?Last year, I lost $16K in leverage trading by over-leveraging and “believing” in the bull run and only shorting when Trump made a tweet and the market had a melty.Yesterday I gained $650 by not over-leveraging and not “believing” in silver but rather trying to predict it straying to far from a moving average.I also was in the red in the circled part and I rode it over vs panic buying.Not trading today, but I’ll watch and see if I can predict the moves.Of course, Pappa Trump can still do stupid shit to make the markets freak out. So there’s that.
>I used to do retarded shit, but now I'm doing less retarded shit>chat, is this smart?
You were lucky. God is jestermaxxing and he always does this. He makes you win the first day so that you lose it all in the future.God. Jestermaxxing
>my meme magic lines are working now you guys! rright? right?
>>61646433If technical analysis works, then why aren't you rich?
>>61646611ssshhhhhhh
>>61646433anon, stop playing with money. You are bound to lose it. First learn to trade, then start small. As for your question: It was luck, but good not 'over-leveraging'.
>>61646433you lost 16k and you're already cooming over making just 650 bucks back? kek
>>61646433I lied. I jumped back in today. +$100 give or take $1 this is off $300 og stake at 25X on Coinbase
>>61646433It's for a reason that the most successful investors focus on fundamentals.
>>61646433It's a skill, like any other. Watch Ross Cameron.
>>61650016Thanks. If I feel I have any solid tips I’ll share. I want us all WAGTMI!
>>61646611>someone wrote a book therefore it must be trueIt works if you know how to use it and implement it in the right context eg short term trading on high volume markets. If you're trying to predict long term trends, time the market precisely or applying it to stocks with no volume then yes you're going to be disappointed.>If technical analysis works, then why aren't you rich?I only started last year and it takes time to learn not to mention to develop the testicular fortitude to go in with large amounts of money and leverage. That said I'm up over 100k.>>61650016This. Its not for everyone but if you have the right temperament and put in the time and money to learn you can absolutely make profit.
