RE: How to Read a Stock Chart - Intro to Technical Analysis22 Jun 2024 15:44
No thanks, I only use one indicator. Yeah, it’s prone to whipsaws and I consistently lose money but it makes me feel better about it. I use the indicator in combination with looking on LSE for popular stocks, especially those that have a load of hype and are on a spike. I then buy on a spike, lose 95% and average down before it falls another 50%. I then tell everyone I've always been right and I’m making lots of money as it makes me feel better about it. I’ll never share when I make trades, but every now and then I’ll suggest I timed a trade perfectly. It’ll contrast entirely with the rare occasions I post a trade in advance, which are my 95% losers. I’ll post emotionally about the fundamentals even though I have my genius indicator system and I’ll focus on a highly volatile low liquidity market which is completely unsuitable. Meanwhile, I like to keep an imaginary core holding as an ego insurance policy. So when I’m wrong, time and time again, I can always say that I’m right. Despite constantly and relentlessly ridiculing these popular shares to the point it’s clear I hate everything about them, I’ll linger as it gives the attention I crave to soothe my highly damaged ego and mental illness.
Give it a try…