Head+Shoulder Trading Fallacy , page-2

  1. 1,257 Posts.
    re: Yes, Charting is nonsense Well put Lochie, I agree.

    All you chartists please note in the above :-
    'beliefs and behaviors are difficult to “extinguish” when they are randomly reinforced'

    eg, occasionally a stocks goes up or down after one MA crosses another. U chartists have your mistaken belief reinforced. Throw off these mental shackles comrades! Stocks prices are random walking.

    cheers
    AUNTIE_GWEN
 
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