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Now our forum is full of technical analysers.Most of them seems to be really confidence because of one or two of their predictions have become true.But please remeber in most of the time there is 50% of chance that u might be correct whether u do TA or not.
TA is a vast area like ocean.There are lot factors to concern.Each indicator may not suitable for each market and to make it more difficult to each situation.So u have to be very careful!! If TA is so easier and so correct there should be more and more billionaires.But it is not happening like that.
TA is a useful tool if u handle it correctly and wisely.For that u need,
1.Sound knowledge on TA
2.Very very good experience
3.Very good ability to identify patterns which is a very tricky bussiness
4.Very good common sense.
But if u trap in this TA bussiness.....U situation will be too ghastly to discuss.
TA is a vast area like ocean.There are lot factors to concern.Each indicator may not suitable for each market and to make it more difficult to each situation.So u have to be very careful!! If TA is so easier and so correct there should be more and more billionaires.But it is not happening like that.
TA is a useful tool if u handle it correctly and wisely.For that u need,
1.Sound knowledge on TA
2.Very very good experience
3.Very good ability to identify patterns which is a very tricky bussiness
4.Very good common sense.
But if u trap in this TA bussiness.....U situation will be too ghastly to discuss.
Its a pity that we dont see his updates now adays..
