your thoughts on investing using technical analysis
When done correctly, it yields good returns.
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Never trust on indicators, check trend on different time-frames, check support and resistances, check basic fundamentals like P/E, quarterly result, promoters holding etc…
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Technicals, fundamentals, 1 chart, 10-15 charts. One time frame, 3 time frame. = No chart, Nothing
People see wht they believe. They believe what their intution tells them. Intution is nothing but associative(!!??) memory recall by mind. Basically this means intution is influenced by our state of mind (fear, anxiety, FOMO) & recent events (recency bias)
(Not mine, its from a book thinking fast and slow)
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