December 15 (Thu): Nikkei 225
Good morning ☀
I noticed a tweet from a certain famous trader, though…
“Technical analysis sometimes doesn’t work.”
No, no, no, no, no, no…┐(´д`)┌
That just means you don’t understand the essence of technical analysis, right?
I think so.
That person used a method that relied on indicators, but
indicators confirm after the rate (candlestick) closesthey are confirmed later. (lagging indicators)
If the rate moves suddenly, technical analysis doesn’t become ineffective!
That is by no means true.
“A famous trader = really profitable trader”
Isn’t that the case?♂️
When looking at past tweets, they often say quite strange things without hesitationwhich happens a lot, you know lol
If you are going to study under someone
don’t look at tweets about earnings; look at whether they speak with consistency and sound reasoning
and judge from that perspective!
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