when you were a kid and you did something pretty damn stupid because your friends were doing it and you got caught and your dad comes over to you and this is what my dad would've done. He would've done something. Hey, what are you stupid? And I said, yeah but Gary was doing it.
And Jeff was too, you said, would you jump off a cliff if Gary and Jeff were doing it? And of course there is, it's a rhetorical question. There is no answer. Of course you wouldn't jump off a cliff because Gary or Jeff would doing it. If they would do on that, they'd be dumb ass. Oh man. How could you do something stupid like that?
Let me ask you if someone showed you a way to trade the market and put your hard earned money to work in a strategy where there has been proven. Absolute proof with unmitigated results that 98% of the people that do it lose money. Would you do that , because hundreds of thousands, maybe millions of traders are going down that path.
Would you follow them over the cliff? Just asking. Because that's exactly what technical analysis is. Technical analysis is leading you over a cliff. Let me ask you this. You're probably using, or have learned how to use oscillators, like the RSI and the Mac D in all their overbought, oversold zones. And you know that when something's over bought you sell it.
When it's over sold, you buy it. It's oh, come on. How stupid can you be? But it never fricking works out. It works out once in a while. Just enough to keep your sucked in, to watch some more gurus, do it over and over again and tell you that. It must be your emotions. You got to get your emotions in check.
Is that you ? Again, a rhetorical question I know it's you, because you're a dumb ass. You're that guy that will follow the millions of people over the cliff and throw your hard earned money away because you believe what do you believe?
Let me ask you when you do things like drive a car, why do you drive a car? There's proof that driving a car causes cancer, or driving a car won't get you from point A to point B. That's why you drive a car. No, you drive a car because you know that if you get into a little fender bender, you're going to get decapitated, that's why you drive a car, man. So why do you use these dumb ass technical indicators when they produce losers after losers, after loser?
And like your car. I'm not saying that you're a mechanical genius or a mechanic, or even mechanically inclined. However, there is scientific reasons why the car works. Why when you press the gas pedal that there's some combustion thingy under the hood.
I don't know summons, some myths, mythical ponies, right? Giving you horsepower and pushes that car down the road. And you know that there's science behind it.