Save – Technical Analysis…

You must be thinking, why I am writing this, what is wrong.

I have to write this because, I sense some are directly or indirectly hurting the interest of Technical Analysis and people who are seriously involved in it.

In last few days I had written couple of times about Blog Marketers, who are using Technical Analysis as one of the tool for earning. Unfortunately they don’t know anything about the market, only they know is Nifty and some popular stocks, and poor Janata get trapped in their hands. Height of their ignorance is, this blog marketers keep on asking to their readers, what is you view. B…S… Stop this Crap.

Another category is like this – one fellow Technical Analyst I know, probably he must not be knowing me. I was observing his trade patterns, and analysis. This guy is hardcore intraday player, and probably he must be good into that, I don’t know, because I only receive information about successful trades, even though he has initiated that call one or two months back. Yes, intraday player also gives positional technical call, or I don’t know if his intraday call turns into positional call. No updates about failed trade.

I still remember my learning days when I was making so silly mistakes and I was not getting job, but fortunately that time has gone, and now I believe that I am grown up. Come to my friend, he is practicing from long time and still he has not come out of his early stages. Still he books his profits into 6-7 tranches, yes book 20%, book 10%, and book 15% profit. Please don’t laugh; this is how he books profit. I am really surprised, if you are hardcore technical analyst and seating in the market, do you think that any trader will take trade in this way. I think even in penny stock trader will get out in 2-3 tranches max, and you are talking about front line stock. It sound foolish, but there are this kind of people, and who also has their great ego of being Technical Analyst.

It is my urge to fellow Technical Analyst that please follow some ethics, by your act you are spoiling the name of Technical Analysis, and due to which others think twice to trust us. Fortunately, till date I had not face such situation, but why to wait for…. Save – Technical Analysis.

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We are covering Major Equity, Forex& Commodity Markets, Way2Profits filters information and streams meaningful conclusions right to your inbox. Technical Research is our realm and we fathom the depths.

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