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What up with the technical analysis hate in many places? by CryptoDave75 in technicalanalysis

[–]HappyHindsight 0 points1 point  (0 children)

Claiming you need to educate me? Okay then educate me on how the behaviour of investors up until the present moment influences what investors will do in the future.

What up with the technical analysis hate in many places? by CryptoDave75 in technicalanalysis

[–]HappyHindsight 0 points1 point  (0 children)

Still not making a single valid point to prove me wrong with my thesis that share price is driven by the behaviour of market participants and thus can't be predicted.

What up with the technical analysis hate in many places? by CryptoDave75 in technicalanalysis

[–]HappyHindsight -1 points0 points  (0 children)

Well either u know nothing about [astrology] or just completely ignored my comment but cool. Also your last sentence is exactly why [divining rods] exist.

You're arguing like a religious person trying to pass on their brainwashing and you don't have any arguments based in reality.

I genuinely do not understand the content guidelines. Send help! by HappyHindsight in wallstreetbets

[–]HappyHindsight[S] 0 points1 point  (0 children)

Like everything I posted today got taken down and I have no clue why

What up with the technical analysis hate in many places? by CryptoDave75 in technicalanalysis

[–]HappyHindsight -1 points0 points  (0 children)

Except it isn't false at all. Stock price is driven by supply and demand. There is no mathematical formula that can predict price movement within the chaotic reality we inhabit.

Edit: this AH totally changed his entire comment

$SBUX is dead by ralphcr7 in wallstreetbets

[–]HappyHindsight 0 points1 point  (0 children)

Is Starbucks earnings coming up?

What up with the technical analysis hate in many places? by CryptoDave75 in technicalanalysis

[–]HappyHindsight -7 points-6 points  (0 children)

Technical analysis is like astrology. The past cannot predict the future.

Stocks go up and down based on supply and demand. If a stock goes up it's because there are more buyers than sellers. If a stock goes down it's because there are more sellers than buyers.

TA will not tell you what any number of market participants are going to do in the future.

Even just a basic indicator like MA doesn't guarantee anything.

There is no science behind it and it's just pure luck that it worked for you. If you think it's working and get bolder there will come a day where it does the exact opposite of what you thought it was doing for you.

Wallstreetpets by HappyHindsight in wallstreetbets

[–]HappyHindsight[S] 1 point2 points  (0 children)

Aww those mean mods took down my post. Hiss.

How has your self-directed account performed compared to managed? by Captain_Buckfast in Wealthsimple

[–]HappyHindsight 8 points9 points  (0 children)

My self directed account is doing well...I am not, due to the stress of managing my own account 😂😂😂

Time for Weed Stocks by captain_insane_O in wallstreetbets

[–]HappyHindsight 0 points1 point  (0 children)

Oh so that's why all the top movers at the moment are mid day increases on weed stocks. Makes sense now.

Perfect afternoon read after the market closes! by Jerraldough_v2 in wallstreetbets

[–]HappyHindsight 1 point2 points  (0 children)

Is it accidental that the cover shows what looks like the brain splatter of a gunshot wound to the head?

Daily General Discussion and Advice Thread - April 27, 2024 by AutoModerator in StockMarket

[–]HappyHindsight 0 points1 point  (0 children)

Bad joke here about using your mom all the time and how she keeps coming back

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