Technical analysis is curve fitting run amok. There is so much data that the dangers of post hoc hypothesis formation is even more acute than usual. On top of that the 'field' is filled with people hawking a mix of appeal to intuition and techno-babble that is really smarmy.
As for gold bugs, you aren't going to learn anything about trading from them. They may be right or they maybe be wrong but if your answer to everything is buy gold, how interesting is that? On top of that, and something I'd rather not get into a huge debate about, their understanding of macro tends to be pretty medieval.
As for gold bugs, you aren't going to learn anything about trading from them. They may be right or they maybe be wrong but if your answer to everything is buy gold, how interesting is that? On top of that, and something I'd rather not get into a huge debate about, their understanding of macro tends to be pretty medieval.