“Mera Thursday ka PnL dekh ke lagta hai Brihaspati Dev ne mujhe ignore kar diya! 😂

Whereas it may appear entertaining to affiliate buying and selling with astrology/numerology,it looks like an irresponsible perspective in the direction of rational investing.Not one thing to encourage in people who’re already in search of patterns the place there are none.

Anyhow, to every their very own.

A key concern is that human brains are pattern-recognition machines that advanced to search out patterns for survival,however monetary markets typically include important random components that our brains interpret as significant patterns,even when they’re really simply noise.

Few examples of merchants in search of patterns the place there are none

Market Timing Fallacies

Calendar results – believing sure days/months are inherently bullish/bearish
Lunar cycles and inventory efficiency correlations
Seasonal patterns utilized too broadly with out contemplating altering market situations
Time-of-day patterns that could be statistical noise

Statistical Misinterpretation

Sizzling streaks and chilly streaks – believing previous wins/losses predict future outcomes (gambler’s fallacy)
Clustering phantasm – seeing significance in random groupings of wins/losses
Affirmation bias patterns – solely noticing alerts that verify present positions
Survivorship bias – focusing solely on profitable sample examples whereas ignoring failures

Technical Evaluation Overinterpretation

Head and Shoulders patterns in random value actions – formations typically seen in noise
Help and resistance ranges drawn on charts with inadequate statistical significance
Chart patterns like triangles, flags, and pennants recognized in random stroll information
Fibonacci retracements utilized to each value motion, no matter market context

Conspiracy Sample In search of

“Good cash” manipulation – attributing each opposed value motion to institutional conspiracy
Choices expiration pinning – believing market makers at all times manipulate costs to max ache ranges
Algorithmic suppression theories when trades don’t go as anticipated
Coordinated assaults on particular shares or crypto with out proof

Social Media Sample Looking

Sentiment evaluation of social media as predictive alerts
Uncommon choices exercise interpreted as insider information
Correlation buying and selling between unrelated property or occasions
Information cycle patterns that don’t account for basic modifications

Hopefully, this doesn’t encourage people to lose cash attributable to Market Timing Fallacies based mostly on superstitions.

Not one thing to encourage in people who’re already in search of patterns the place there are none.

No Saaarrrrr. There are patterns you don’t see. TA is actual.

Edited: in public curiosity

Looks as if a method of gathering folks’s actual buying and selling information free of charge.

there are at all times a couple of who confidently declare that technical evaluation doesn’t work . however actually I really feel that is simply traditional frog-in-the-well pondering.

Right here’s the story

A frog lived all its life in a properly. Sooner or later, a pal informed him in regards to the Atlantic Ocean.“What’s that?” requested the frog.“An unlimited physique of water,” the pal replied.“Twice the dimensions of this properly?”“Way more.”“Ten instances?”

The frog simply couldn’t grasp something past his personal little world.

Thats the issue—we regularly choose the universe with the dimensions of our properly. Now apply this to individuals who reject TA solely. With their restricted pattern measurement (you’ve got what 200 pals?), private failures, and slim perspective they conclude “TA doesn’t work” Actually? lol

The Soorya/Solar can maintain 1.3 million earths. uyscuti is estimated to be 1700x bigger than the Solar ,and but, with our tiny little mind—what, three kilos of tissue? we predict we’ve seen sufficient to declare one thing invalid. whats the dimensions of our mind in comparison with the universe?

If TA didn’t give you the results you want perhaps it was your method, your technique, your psychology. however don’t write it off for everybody. On the very least current your views with stability and humility.

Keep curious. Keep open. Don’t be the frog.

Fairly attention-grabbing story in regards to the frog. Jogs my memory of how I used to assume that the world is proscribed to my surrounding life after I was a toddler. Then after I left town for job, my thoughts exploded into the probabilities and issues on the planet.

PS: TA does work.