Not the first and will never be the last debate. LOL. Read? stocks moves because of BB, not bcos of your illusioned TA
I think we should treat TA, FA or both as Guidebooks and not as Holy Grail. There is no Holy Grail in trading/investing.
What can TA/FA do for us as Retail Trader/Investor?
It can help us in the following ways:
- Guide us into believing that we are not making stupid mistakes when we lose money in the stock market.
- Use them as excuses to comfort our sorrows/angers when we lose money in the stock market. (Don't believe me? Just go and visit more investment blogs, you may chance upon reading read something like .. "If I have done this or that, I may have not lose money", etc and you may find many IF's)
- Use them as learning platform to further improve our trading/investing skills.