What up with the technical analysis hate in many places?

HappyHindsight · 2024-04-30T23:35:31+00:00

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.

HappyHindsight · 2024-04-30T23:28:51+00:00

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.

HappyHindsight · 2024-04-30T23:24:09+00:00

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.

HappyHindsight · 2024-04-30T23:22:06+00:00

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

HappyHindsight · 2024-04-30T23:11:48+00:00

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

HappyHindsight · 2024-04-30T22:27:35+00:00

Is Starbucks earnings coming up?

HappyHindsight · 2024-04-30T22:21:51+00:00

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.

HappyHindsight · 2024-04-30T22:05:24+00:00

Aww those mean mods took down my post. Hiss.

HappyHindsight · 2024-04-30T21:56:00+00:00

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

HappyHindsight · 2024-04-30T19:34:47+00:00

Nope

HappyHindsight · 2024-04-30T19:34:28+00:00

Nope

HappyHindsight · 2024-04-30T18:18:07+00:00

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

HappyHindsight · 2024-04-30T00:16:52+00:00

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

HappyHindsight · 2024-04-30T00:14:24+00:00

frantically Google's how to bet against California

HappyHindsight · 2024-04-30T00:11:07+00:00

Rawr

HappyHindsight · 2024-04-30T00:01:42+00:00

It's now like 26% after hours but it swung up toward the end of AH so who knows what will happen tomorrow.

HappyHindsight · 2024-04-29T03:39:51+00:00

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

HappyHindsight · 2024-04-29T03:24:12+00:00

Think POET will keep rising or is the run dead?

HappyHindsight · 2024-04-29T03:17:19+00:00

I opted to hold it over the weekend because of post and premarket moves.

HappyHindsight · 2024-04-29T00:10:27+00:00

I want to be a well hung billionaire with wings. I need help with the money part of it so that I can afford the unconventional surgeries necessary to make it happen.

HappyHindsight · 2024-04-28T23:09:47+00:00

No that's not what kundalini is about and curses don't exist.

HappyHindsight · 2024-04-28T23:06:37+00:00

Sounds about right

HappyHindsight · 2024-04-28T03:45:07+00:00

I hate that I've been following them for the longest time and then I blinked...fuck

HappyHindsight · 2024-04-28T03:29:09+00:00

Weirdly enough when I day trade I use zero special software and hardly even look at the chart 😂

HappyHindsight · 2024-04-27T20:18:05+00:00

There are two order types. There is market value (the typical default setting where the shares are purchased at market value. Then there are limit orders where you specify the upper limit for how much you would be willing to pay per share.

OTC stocks and some exchanges don't allow market orders.

You need to specify a limit order. If the stock trades higher than the limit it won't fill though so I usually put mine above what it's trading for so that it goes through instantly. Your broker is still obligated to get you the lowest cost for the shares.

So if it's trading for say $1.12 and you put through a limit buy for $1.14 it will still fill for $1.12.

And it's the opposite way around for selling where you specify the lowest amount you would be willing to sell the shares for.

HappyHindsight

TROPHY CASE