RE: Calling on expertise...23 Nov 2020 05:27
I'll tell you something. Back in the early 80's I worked on the shop floor for Equity and Law (Axa now) as fund manager. Yes we were taught all the resistance lines, fundamentals, fibonnacci etc etc. I always remember after that first year in training when we were about to go "live" and the training manager saying to a group of 3 of us I guarantee you'll have forgotten all of that within days and instead concentrate on news flow and "vibes" of the market.
He was right. One of the biggest lol moments I see on the forums is when people say break (eg) 120p and its clear air to 148p etc etc
Absolute bollacks lol