$RMSas a real luxury and may be on the verge of breaking out to the upside.
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@jkb92 I think charting is ineffective. If it were really reliable, anyone could increase their wealth indefinitely.
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@KryX_DE that's what I said at the beginning. I now also consider chart technology alongside fundamental valuations. Especially if you look at companies with a long-term clean upward trend, I think you can almost no longer ignore it. Certainly less so for smaller momentum-driven stocks... But in the end, everyone has to find their own method :)
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@KryX_DE if it were that easy haha. Why wouldn't that work? How do traders earn their money?
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@Sansebastian As a rule, they do not earn any money.
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@KryX_DE 🤣🤣🤣 You have absolutely no plan!
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@Sansebastian If you don't call it a plan to refer to statistics and scientific research, then I don't understand what your plan actually is.
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@Sansebastian According to various studies, between 70 % and 90 % of all traders lose money.
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@KryX_DE of course 99% are not successful because they trade far too emotionally and without a strategy. Follow on IG e.g. Goldesel, Chartsekte, Dividente_ente. There you can see that traders can be successful. And they use Charttechink. Just because you don't believe in it doesn't mean it doesn't work
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@KryX_DE 99% of traders lose money... yes you're right but 99% of soccer players don't become professionals, 99% of all yt videos don't go viral, 99% of all musicians on spotify don't make money.
The statistic that everyone loses money is correct per se, but you can still belong to the 1%
The statistic that everyone loses money is correct per se, but you can still belong to the 1%
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•@Sansebastian I'm a chartsekten member, it's great and they know what they're doing
Trading works especially because it is also simple statistics, bet 100x 1€ and have every 3 "bets" a 4€ profit on average the other 2 are losses, make money in the long run. Hit rate of 33%, still make money in the long run
Trading works especially because it is also simple statistics, bet 100x 1€ and have every 3 "bets" a 4€ profit on average the other 2 are losses, make money in the long run. Hit rate of 33%, still make money in the long run
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