I am new to investing, and was just wondering how important is it for investors to learn technical analysis when evaluating stocks, and what specific benefits does understanding technical analysis offer in making informed investment decisions?
If everyone could learn how stock pattern works, wouldn’t everyone just be rich, obviously no one can predict everything, but if learning the chart pattern is useful why wouldn’t everyone do it to buy/sell?
In: Economics
Stock analysts, overall, do about as well as someone picking at random.
As you said: if it was predictable, everyone would be rich. Too bad it isn’t.
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