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re: Federal intrest rate and stock market

Posted on 6/12/15 at 10:49 am to
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 6/12/15 at 10:49 am to
quote:

Charts mean absolutely nothing.


I disagree very strongly with this. Technical analysis can be very useful. It has been very profitable for me the last several years.

I will say that if one doesn't trade with any leverage, buy and hold will work out best for most people. The more leverage one uses, the more important technicals/risk management becomes.
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 6/12/15 at 11:03 am to
It's been hard not to of been profitable the past couple years. All you had to do was take a dart and throw it at the board.
Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 6/12/15 at 1:48 pm to
quote:

Technical analysis can be very useful. It has been very profitable for me the last several years.


Just curious how it's been profitable for you? I think charting can help someone find decent entry/exit points in or out of a security over a short period of time but that's about it.
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