Long time trader here, not exactly a good one.
I started with FX, that is how I first learnt how to draw those pretty lines. So ok, yeah, I now got it, all my supports and resistances, RSIs, EMAs, MACDs and all the other shit on my chart looking pretty, and then the US President at the time posts a tweet and my longs (on margin) get liquidated, so what gives? FX is not designed for retail.
Sure. Too much macro shit too deal with. Let me try some stocks, where I can't get screwed so easy ???? As you assume, my pretty thin lines got ravaged agian ☹️
So why not crypto? Well it is a little volatile but fuck it, at least my pretty lines work here. Guess what? Same thing, fundementals run the economy, TA is working as long as macro is aligned.
PSA: TA alone sucks ass.
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