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MDA

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Alias Born 07/18/2013

MDA

Re: nfrequent post# 152049

Wednesday, 09/13/2023 9:14:03 AM

Wednesday, September 13, 2023 9:14:03 AM

Post# of 172422
I learned how to trade currencies using technical analysis.
By 2010 I saw how HFTs did not recognize support and resistance levels and would blow through stop loss levels only to resume the desired direction.
This would require a much larger stop loss than I was comfortable with.

I knew a professional currency trader and he had remarked that HFTs were the majority of trading and companies were replacing humans with computers.

"Self fulfilling prophecy"- that is the usual argument against technical analysis.
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