Lead-Lag Live cover image

Silver Chartist: Exclusive Steve Penny Interview – Mastering the 4th Turning for Maximum Profits

Lead-Lag Live

00:00

How to Know What's Technical Analysis and What It's Not

I'm a believer in technical analysis but I think there's a lot of bullshit that's out there when it comes to that. Most things sound good and they look logical or unreasonable but they don't actually have any pretty good power. The most valuable tool of technicals is allowing you to manage risk and identify asymmetric setups. It gives you a slight edge in the market but then you can manage risk. So you can find asymmetric opportunities and allow you to place stop losses.

Play episode from 03:57
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app