Why Aren’t More People Making Money Using Stock Technical Analysis?
Stock technical analysis has been around for as long as there have been organized exchanges, but the trading communities didn’t accept stock technical analysis as a viable tool for making money until the late ’70s and early ’80s. Now nearly every trader uses some form of stock technical analysis. Here’s what the early technical analysts knew that it took the mainstream market community generations to catch on to.
A finite number of traders participate in the markets on any given day, week, or month. Many of these traders do the same kinds of things over and over in their attempt to make money.
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