2021-08-10 16:14:01
Dear Followers take a look at this analysis which was posted in a channel with ~73k subs.
This is a perfect example of drawing lines into a chart just for the sake of drawing lines. Just by doing so you will not become a profitable trader.
Why?
Think about it this way:
Pretty much everybody can draw some lines into a chart. But if everyone has this information it becomes almost worthless just like it is with any other skill, too. If everyone on the world knew everything about plumbing we would not need plumbers. The skill is not useless but it became worthless.
Thus If you want to be profitable in trading you need to know MORE than others, you need to gain an EDGE.
This does not come by simply drawing lines into charts. You need to evolve with the market, look at it from different angles, evaluate new strategies.
I've seen traders who trade profitably on a consistent basis just by looking at the chart. No lines, no indicators, just pure price action study.
Never stop learning
Cheers
1.1K viewsHunter | OnwardBTC, 13:14