What should I do next?
I have completed my B.Com degree and NISM and NCFM certificates and am interested in becoming a technical analyst in the field of stock market.
Asked by honest raja
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1 Answer
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Very easy. Look at the chart and make a buy or sell call. Because no one can prove you wrong in irrespective of the outcome. If price moves with your prediction, you are the boss. If price goes against you, you were taking contrarian call.
Recent nobel prize winner Eugene Fama got this award for proving this very point. Search for LTCM on google. You will get a case history where nobel prize winners thought they could predict the market and lost many Billions in few weeks. If someone is telling you that there is a way to predict which way market will go, he is making a fool of himself and please stay away from such fools.
Don't believe...more
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