Time to share two BS theory. :) Will update that on my homepage later.
Simple TA Theory: If someone love TA to make a BUY or SELL decision, then here is some information. Check charts on some free websites such as icharts . Unless we are in Strong UPTREND or Strong DOWNTREND! , Never use the default values for these indicators (Stochastic, MACD, RSI, EMA). Otherwise, you are BOUND to loose in the GAME! :) For some strange reasons, Fibonacci number works better. E.g. RSI (5), MACD (8, 12, 5), Stochastic (5,3,3), EMA (8, 13, 21, 34, 55,89, 144, 233) :)
All these indicators are lagging indictors. That implies that they lag after the event has happened. Details about are available on various sites.
In the meantime, we will adopt our BS decision rules to so called simple TA rules later! I hope, with some common SENSE and having a look on charts, it will be easier to adopt those rules to our simple TA! :)
BS Open / Transparent Theory about so called experts: The stock market is incredibly full of BS, hype, manipulation and lies. It is no wonder that so many investors and traders are confused–with over 90% of traders losing money! (90%+ as per one of the statistics). How can you invest with or listen to anyone when you cannot see EXACTLY how they make money or when those experts just keep changing their statements every other day? :)
Most financials experts will share complicated RULES through their cartels as if they know everything about the market. Refer to our BULLShit Theories Rule.
If someone is HUMBLE enough to accept Market is SUPREME, then see the results. Those who would remain stubborn to their views will quickly be out of the market! This is how the GAME of Stock market is designed. :)
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back to our BS talks, some of our BULLshit rules work not because those rules are some SECRETS of stock markets. All of them are just part of common senses! Stock market is not some kind of a CHARITY place. Actually, just like playing CHESS against COMPUTER, Stock market is a GAME of REAL Money where GAME is against so called Mr. Market. In this technical age, Mr. Market is increasingly getting replaced with AUTOMATED Computer Trading! What does it means: Feed a wrong data to that computer, see the results. :)
The best part about our current strategy is that anyone can do this–no IIT / IIM / Ivy league education required, no wealthy connections and certainly not much intelligence required. :) It is all about dedication, adapting to evolving patterns and a willingness to learn.
May be, in future, I will post modified rules based some simple TA rules (Stochastic, MACD, RSI, EMA).
Some of the rules will fail provided those BIG players from tv, media change themselves. Since that would not happen soon, we just need to use those rules to our advantages.
TA is just a TOY! We just need to supplement them though FA and Sentiments!
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