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

3 comments
  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!

Leave a Reply

Your email address will not be published.


You May Also Like

Nepal Vs India on Stock Exchange. Memetainment.

Nepal Vs India on Stock Exchange. Memetainment. More at: r/NepalStock by duck_student

Need of another Stock Exchange in Nepal and its relevance?

SEBON made it public that it was speeding up the process of…

Daily Discussion Thread (Monday – Jan 03, 2022)

Use this post to discuss what to buy/sell/trade/avoid/watch today and in the…

what’s the news about NTC ?? Technically or fundamentally??

Its share value is rising continually since a week or two. Even…

Daily Discussion Thread (Tuesday – Aug 10, 2021)

Use this post to discuss what to buy/sell/trade/avoid/watch today and in the…