- 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 ...
Read? Fundamental or Technical Analysis? (3)
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:
