Understand technical analysis correctly, even masters of everything cannot predict it
John J. Murphy, with over 30 years in technical analysis. Former head of the Technical Analysis Department at Merrill Lynch.
“From the perspective of modern understanding, unfortunately, no matter how plausible the reasoning, these analysis methods cannot predict the future.”
A globally renowned authority writes a book claiming, “In this one book you can master all of technical analysis,” but
even if you master technical analysis, the book also says that you cannot predict the future.
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