This is a fact. Technical analysis can be useful but I personally don’t really do any. I ain’t no Warren Buffet but I have more wins than losses and my style works for me. I used to look at all the charts when I started investing and all that shyt really do is lead to paralysis by analysis. I literally just look at the historical pricing history and go off “feel” mostly. But of course I’m looking at a stock for a reason so it’s other factors involved. But I’m pretty much looking at the pricing chart and that’s it. I used to look at the chart and the RSI indicator but I don’t even use that anymore.
I suggest people listen to this. Once I listened to this, I changed my focus to learning the psychology of people as opposed to all that chart shyt. That’s way more beneficial to focus on. People more predictable than charts