I’m really curious about this. Will the indicators start becoming more accurate? Will the market be more competitive?

More at: r/NepalStock by sockholder

  1. Even if everybody started using TA nothing would happen. The reason being any decision regarding buying and selling is always taken on the basis of TA plus a trader’s person experience. TA is there to show a snapshot of the market, traders generally have different entry exit strategy which is created after multiple trial and errors. Thus, a thousand traders may only use RSI as a indicator. However, they may use RSI in a thousand different ways as per their experience.

  2. Yes! If everyone thinks that 1800 is a strong support then 1800 will be a strong support, if everyone starts to believe that a price increase follows after a golden crossover then a price increase will follow after a golden crossover, if everyone believes in RSI divergence then RSI divergence will work! TA is self-fulfilling prophecy!

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