Does Technical Analysis work?
July 16, 2020
I’m sure you’ve wondered…
“Does Technical Analysis work?”
“Is trading as simple as drawing a few lines on the chart?”
“Is Technical Analysis all I need to become a profitable trader?”
You might say Yes because everything you need to know is on a price chart
You might say No because you need to combine fundamentals, news, etc.
So, who’s right and who’s wrong?
Well, that’s what you’ll find out in today’s blog
Technical Analysis refers to using past prices (or volume) to make your trading decisions. I strongly rely on this where it has produced extraordinary results when it comes to investing or trading.
Technical Analysis can be done with set of tools like candlestick patterns, chart patterns, technical indicators, trends, etc.
And this brings me to an important question…
Yes, Technical Analysis works and it can give you an edge in the markets.
However, Technical Analysis alone is not enough to become a profitable trader.
You must have:
A trading strategy with an edge
Proper risk management
The correct trading psychology
If you lack any one of them, then it’s impossible to find success in the markets.
How do you FIND SUCCESS IN the market?
Enroll in my mentoring programs and get an edge to your trading and investment aspirations. With all my experience I train passionate wannabe "Traders", and transform them to be a pro^2 (profitable & professional) trader in the financial markets. I have extensively researched the suitable tools by finding out what works best in the financial markets, developed numerous strategies and back tested 1000s of stocks over different time frames over the years. Ultimately I ended up developing my own system, which is simple but effective to use with a success ratio of more than 70%. Can show you the proven test results and yes you can verify them don't worry!
Instead of dabbling in the markets without knowing what you are doing and burning your fingers you can very well ping me or my partner AK, who is the co-founder of my venture. It's only because of him I ended up doing all this, a passionate person about stocks, a great motivator to all of us sitting here, "The Team" and a great friend of mine.
And yes! you are welcome too! Please feel free to drop in to our office to really see what I have done so far and how well I have built a formidable team (bunch of young, great sharp minds) to support this venture with the only motto of educating avid market enthusiasts and of course to prosper themselves by trading what they had learnt from my experience. Hey by the way I'm young too. In my upcoming blogs I'll be giving you a brief introduction to my interesting, smart and sharp "MEQ Team".
Founder, MARS EQUITY
P.S: We all can have can some coffee too when you drop by... or tea