Tradingview is the first place that i came into when i just started learning technical analysis. Little did i know, that there are so many tools that i can use in a web-based platform.
Yes, TV can be said as my trading-skill birth place.
Coming across so many trading styles did put me into a path of confusion, not knowing where to start, which direction to take, how to learn effectively, etc. Human is pretty much a social being, as much as monkeys as primate species. Therefore, as the saying goes "monkey see monkey do". It reminds me of a youtube video where a lady came in and sit waiting for her name to be called in my the receptionist for a doctor appointment. Strangely at first, when a bell rings, everybody stand up for a few seconds and sit back down. After a couple of bell rings, the lady previously feeling stupid to join standing up and sitting back down finally gave in by joining the group behaviour, regardless of it making sense or not. After everybody has been called, she was left alone, but still follow/repeat the stupid behaviour every time a bell rings.
Then new sets of people come in and sit down in waiting mode. Having been "indoctrinated" by the behaviour, the lady still does the same thing and when asked by the new people, the answer is "i dont know, everybody was doing it, so it's meant to be or supposed to be done".
and what shocks me is the new sets of people also fell into the stupid non-sense non-logical behaviour.
I GUESS I WAS THE SAME PERSON WHEN I FIRST STARTED.
Just because many people is using indicators, moving average lines, bands, patterns, waves, etc, i thought ok everybody is doing it so it's meant to be and supposed to be that way.
I was totally mesmerised/hypnotised by my own stupidity into believing that analysis and trading is done in such a way without even thinking the logic behind it, or better yet the results of these chartists.
Thank God, someone did save me and intro me into a place where i gratefully now am happy to come back and learn as much as i can about the market.
Many thinks that market is all about technicals. To me, now, the market is not at all technicals. Yes there is randomness that can be structured by several types of analysis. However, market behaviour is in no way defined by any indicator, pattern, or anything technical tool related.
Market is about people, human emotion, fear & greed, and above all it is about history.
It's funny to me now that someone would buy or sell just because a moving average line has crossed or pointing upward/downward. He/She just fell into a trap of "not learning history".
History repeats itself - this is true. However, often times human stupidity repeats itself at the same place over and over and over and over again. Time has no place in the market, but because everybody is doing it and "seem" to be knowledgable more than we do, we think indicators that have time factor are useful. This is utterly pathetic and non-sense, nor logical.
I WISH I CAN TURN BACK TIME.
Now that i've learnt a little bit of the truth about the market, i definitely have improved a lot and started to see/understand/find-wisdom, by seeing charts, of how people is being killed left and right, up and down, by the very evil people who control this ugly corrupted contaminated world.
If i were to given a second chance, starting from zero knowledge; I would absolutely open a clean chart and learn by myself without any help. This is a hard truth that any human would hate to accept, or become angry because he/she would detest what i just said.
Luckily, having been lost in a middle of the ocean of trading education, i found a shore and it was the right shore.
So, anyone who sees this post and have read all my previous analysis, please please please get rid of them from your clean, innocent mind. And if you truly want to learn to understand the market well, come clean and learn by yourself for at least 3-6 months and see how much you've improved.
Yes, TV can be said as my trading-skill birth place.
Coming across so many trading styles did put me into a path of confusion, not knowing where to start, which direction to take, how to learn effectively, etc. Human is pretty much a social being, as much as monkeys as primate species. Therefore, as the saying goes "monkey see monkey do". It reminds me of a youtube video where a lady came in and sit waiting for her name to be called in my the receptionist for a doctor appointment. Strangely at first, when a bell rings, everybody stand up for a few seconds and sit back down. After a couple of bell rings, the lady previously feeling stupid to join standing up and sitting back down finally gave in by joining the group behaviour, regardless of it making sense or not. After everybody has been called, she was left alone, but still follow/repeat the stupid behaviour every time a bell rings.
Then new sets of people come in and sit down in waiting mode. Having been "indoctrinated" by the behaviour, the lady still does the same thing and when asked by the new people, the answer is "i dont know, everybody was doing it, so it's meant to be or supposed to be done".
and what shocks me is the new sets of people also fell into the stupid non-sense non-logical behaviour.
I GUESS I WAS THE SAME PERSON WHEN I FIRST STARTED.
Just because many people is using indicators, moving average lines, bands, patterns, waves, etc, i thought ok everybody is doing it so it's meant to be and supposed to be that way.
I was totally mesmerised/hypnotised by my own stupidity into believing that analysis and trading is done in such a way without even thinking the logic behind it, or better yet the results of these chartists.
Thank God, someone did save me and intro me into a place where i gratefully now am happy to come back and learn as much as i can about the market.
Many thinks that market is all about technicals. To me, now, the market is not at all technicals. Yes there is randomness that can be structured by several types of analysis. However, market behaviour is in no way defined by any indicator, pattern, or anything technical tool related.
Market is about people, human emotion, fear & greed, and above all it is about history.
It's funny to me now that someone would buy or sell just because a moving average line has crossed or pointing upward/downward. He/She just fell into a trap of "not learning history".
History repeats itself - this is true. However, often times human stupidity repeats itself at the same place over and over and over and over again. Time has no place in the market, but because everybody is doing it and "seem" to be knowledgable more than we do, we think indicators that have time factor are useful. This is utterly pathetic and non-sense, nor logical.
I WISH I CAN TURN BACK TIME.
Now that i've learnt a little bit of the truth about the market, i definitely have improved a lot and started to see/understand/find-wisdom, by seeing charts, of how people is being killed left and right, up and down, by the very evil people who control this ugly corrupted contaminated world.
If i were to given a second chance, starting from zero knowledge; I would absolutely open a clean chart and learn by myself without any help. This is a hard truth that any human would hate to accept, or become angry because he/she would detest what i just said.
Luckily, having been lost in a middle of the ocean of trading education, i found a shore and it was the right shore.
So, anyone who sees this post and have read all my previous analysis, please please please get rid of them from your clean, innocent mind. And if you truly want to learn to understand the market well, come clean and learn by yourself for at least 3-6 months and see how much you've improved.
Now 91.11 will teach us the lessons on human's behavior.