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18/01/18
14:28
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Originally posted by AverageJoe
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"Why do we put so much faith in charts and trend analysis?"
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Helps me sleep better at night and lets me know when I am wrong (losing money) and option to get out.
"Charts show what the bots are doing, yeah?"
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How does one work that one out? Price chart just shows all price transaction in history.
"So, without emotion, bots are working on setpoints?"
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How does one work out a price transaction is a bot or a human intervention?
"So why is a trendline so relevent? Its not a natural phenomenon is it?"
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Just shows in the past if bulls or bears in control.
If you are looking for magic solutions perhaps Trendtracker having studied his mentor Buffett can show you a thing or two about FA style investing with the attitude of knowing the future or what future investors sought after before they know it?
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All a little bit unnecessary AJ?
I directed the post to diatribe and CV.
Why launch into TT?
Why dont you do your thing and let others do theirs?
You have missed the point of the whole post with every reply above?