Thread: Does technical analysis really work, or are we all fooling ourselves?

Thank you for sharing this! It motivated me to study further.

But if it's statistical, why are so many still losing to AT?

Thank you for this comprehensive response. It helped me to put my current approach into perspective.

Don't you think market psychology is already too exploited for the AT to continue working?

Now I understand why some traders say that AT is like reading a map.

Really, it took something like that in this thread.

Thank you for clarifying it so directly and without unnecessary ornaments.

And how do you fit the fundamental news with all this? Because sometimes a technical pattern breaks completely.

So, does the AT only work if you have experience?

Patterns can be recognized later, but in real time it's another story.