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Thursday, May 26, 2016 8:30:22 AM
My honest opinion about charts, without being funny:
I've used charts many times and I always take a look, but I usually look at charts so that I can get the best entry point for a stock that I am trading due to its fundamentals or other information. I believe, also just an opinion, that if you trade too much on charts, you are really just competing with the other chart guys and/or noobs and it comes down to getting the upper hand on them. Meaning, you aren't really trading on the underlying investment. Market makers know what chart guys are looking for in the chart and the market makers can pretty much make a chart look just how they want it to depending on their skill level and experience.
Respectfully opinionated. No hurt feelings if anyone disagrees.
The real issue here is how we are going to deal with ALL THIS GRAVY!
RXMD
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