I know you're just here for the SPAM but I enjoyed some of the funny memes that cropped up in the video. Lost complete interest after a few minutes though...
TA is just one tool that any trader of course needs to understand. And then ignore most of it, except for a few things like momentum and bollinger bands, which are so obviously programmed into most scalping and swing trading bots that you've got to understand it. Just like you need to understand how an elastic band works, and that different investors, traders etc. have different time horizons that they all trade....
But hey, the whole market, together with the whole house of cards (ETFs, ETNs, indices, options, futures, swaps, structured notes, private structured finance deals etc.) has become one big casino. It's awesome in one aspect, and quite sickening in another. The market is completely unhinged from the reality of main street, and the reality of what most businesses are dealing with. When the Fed steps in to stop banks buying back their own stock the market has a little hissy fit. It's hilarious.
I can't be sure when, but it's approaching rapidly now. All that Robin Hood cash will disappear in an instant, and the Fed will just conjure up some more cash, and buy some more distressed zombie companies and bonds. Until at some point it becomes so obvious that they just can't anymore.... Then things will get interesting. The great USD collapse will make the Covid 2020 crash look like a walk in the park.
