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RE: Capitulation Condolences!

in #black-swan5 years ago (edited)

I hope you have learned well the real lesson here: TA is a trap.

Some while ago I discussed Warren Buffet's investment methodology with you. I noted he understands the underlying value of an investment vehicle and it's market, or he doesn't invest. TA does not reckon that information at all.

"...going all in blindly at the doubling line is no longer a viable strategy."

It never was. It's just pretty lines on paper. Art. The value of investments and their potential to increase is determined by the market and their ability to profit from it, not the pretty lines.

Hope you well extricate yourself from this snafu, and move forward with improved ability to profit.

Thanks!

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