Oddbean new post about login | logout No one. Technical analysis exists only to make you look smart so you can sell courses and memberships. And of course if you get through it all, you either give up because it is too hard, or start selling courses to fund your ability to continue in the hopes you will get it.
Patters do exist though. Especially when you understand that bitcoin follows a power law. https://m.primal.net/Kfgz.png
I didn't know you're into trading as well!
Oh, I’ve been into this for a few years. I’m a long term trader for sure, and bitcoin is the one thing to do that with. I was coached by Justine Williams (the legendary Bill Williams) over at Profitunity for a few years. We trade using Elliot wave and fractals. The best way, as bitcoin and all of human nature are fractals
That's awesome! I used to trade Forex but paused as I needed my sanity back 😅 I started trading in 2019 on and off. Reading charts is much easier to my psychology than trading. Regardless, I still find trading extremely fascinating
Life in itself is trading! It’s the ebb and flow of everything
Huh! I never thought of it this way..
It’s the way! I highly recommend reading “scale” by Geoffrey West. Really simple read but profound https://youtu.be/ncDE_V5RAQc?si=HRJxSWEUZFe0JFj8
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