This is what I am trying to say from the beginning. We can’t say UPSC won’t work.
Can’t believe I am defending TA people here even though it makes no sense to me.
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No. There is no “everyone agrees” here.
There is no universal agreement on this assertion, not even in this topic-thread.
Also, let us not assume active-trading and Technical analysis (TA) are 100% correlated.
AFAIK, in all the reports/warnings about the majority of the active-traders losing money
- The 99% folks who lose money in trading do NOT all follow just TA alone.
- The 1% folks who ended-up making money weren’t purely following TA.
Might as well have said this in the original post then (or even in this latter post).
Anyways, in case you haven’t already,
and you are still interested in this topic,
do checkout the references 2-3-4-5 in this article on TA that claim there are mixed-results.
(we are bound to find results that justify both the positions, “for” and “against”, on TA
that we are attempting to discuss in this topic-thread)
Direct Links – [2] [3] [4] [5] [5*]
Please do share if you find something insightful or noteworthy in any of those references.
We can have meaningful discussions around those at length then.
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This guy is trying to find out how people are doing intraday and growing with 100% capital gain. I can tell there is a superior psychology and superior analysis, but that person also needs superior practice and unshakable discipline. And this is true intraday trading cant beat long term investing but real question is who has the bigger capital if an intraday trader has 1 Cr and he made 30% per year it’s 30 lakhs & a long-term investor made 100% gain with 1 lakh capital who is the pro and who is the noob? what works and what doesn’t?
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What are you trying to offer here? I mean I haven’t been able to figure out what exactly are you trying to get?
100% capital gain and other nonsense is very old. Go beat Jim Simons.