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Trader Roundtable – How Does Technical Analysis Work?

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We sit down with Sami Abusaad, Derrick Oldensmith, and JR Romero to answer a tough question – how does technical analysis work?

Our team explains:

  • The role technical analysis plays in each of their thought processes
  • How to balance technical analysis with news flow and one's emotional state
  • The biggest mistakes people make with charts
  • What technical analysis can't do for you
  • The importance of keeping it simple
  • How they feel about the current market environment
  • Their favorite names
  • Why Derrick is cautious near-term
  • Why Sami and JR are bullish on Bitcoin and precious metals

Derrick's positions as of 9/26/2024 at 2:09 pm ET: Was long BYON, CVX, JD, PATH, QRTEA, SOFI, TRSG, U; Was short NVDA, TQQQ, TSLA

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