Read? I don’t know what I don’t know
In investing or trading, some people know what they don't know; but believe some people know what they don't know.
For example, I heard someone saying that his broker is good as he sent him some TA charts with some views.
Actually, when you go around visiting investment, finance and trading blogs you will see lots of charts with convincing views presented in these blogs. They know what you don't know??? Don't be foolish to believe it. They are probably like you; they don't know what they don't know and act like they know.
BTW, you don't need to have high IQ to do TA charting and present views or give 5 pointers. Anyone after seriously read a few TA books should to be able produce decent TA chart and present their views. It is not rocket science!
I believe the most honest answer came from one Head of Research from XXX ......