Thread: Does technical analysis really work, or is it just a story?

So, according to you, should I learn technical analysis or price action? Which makes more real sense?

I wish more newbies would read this before throwing their money into real accounts.

Thank you for sharing this very well structured analysis. It helped me change my way of looking at the technical analysis.

But if the technical analysis is so useful, why does 90% of traders lose money?

Thank you, I thought it was very clear how you explained the statistical advantage.

Thanks for the effort, these kinds of answers are worth gold to those we just started.

Don't you think that all sounds good in theory, but in real terms, the market does what it wants, period?

And what do you think about technical analysis only working because a lot of people believe in it?

Thank you, you gave me a much more realistic view of the market, with no smoke or empty promises.

Thank you for landing expectations. Trading is not magic, it is patience and emotional control.