how technical analysis works.

Toocool

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one of the greatest traders of all time jesse livermore some 80 years back had identified this pattern, in the image above.




peter bradnt , one of the greatest technical trader of modern times had seen it on apple's computers chart, see above.




http://imageshack.us/photo/my-images/807/57492736.png/

exactly what happened..........just awesome.:worthy:

- - - Updated - - -

now.......apple has way to go , lol

i mean down ,down ,down baby.:apple:
 

obeliex

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one of the greatest traders of all time jesse livermore some 80 years back had identified this pattern, in the image above.




peter bradnt , one of the greatest technical trader of modern times had seen it on apple's computers chart, see above.




http://imageshack.us/photo/my-images/807/57492736.png/

exactly what happened..........just awesome.:worthy:

- - - Updated - - -

now.......apple has way to go , lol

i mean down ,down ,down baby.:apple:

Jesse Livermore was one of the greatest trader of his time. But he let his ego override his own rules, over traded ,went bankrupt and shot himself!!
 

almon

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what really amaze me about technical analysis is that accurate mathematical analysis can predict stock prizes to good accuracy. Amazing [email protected], I am coming to you for taking technical classes. Be prepared :D
 

Indhira

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Technical analysis can only increase your probability of success but cannot guarantee successful trades. I prefer fundamentals to technicals.
 

Toocool

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what really amaze me about technical analysis is that accurate mathematical analysis can predict stock prizes to good accuracy. Amazing !!
@toocool
someday, I am coming to you for taking technical classes. Be prepared :D


sorry missed ur post completely :)
Technical analysis can only increase your probability of success but cannot guarantee successful trades. I prefer fundamentals to technicals.


fundamental guarantees success ???
 

almon

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sorry missed ur post completely :)


hmm...tabhi mai kahu ki itne dino baad post like kaise :D...BTW, when and where I have my first lecture on stocks? :)
 

almon

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you guessed it right...I dont....But I can offer you in exchange of a good stock analysis class :D...
 

Jaymin

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For short and even medium term, i agree its all on technicals. And for long term, its technicals plus fundamentals......technical, so that u can identify the right time to buy & then, make better profits in the long run on a fundamentally strong stock.I have learnt to analyse fundamentals in books.....havent been doing it practically since i will have to take a short break from my job to do that! Technicals - i hardly can make out a thing. But when someone explains, i do understand the stuff.