RE: BTC Morning Update: Head & Shoulders Spotted!!
this is also one of the weaknesses of haejin's TA in my opinion, sometimes correction takes deeper than it's supposed to take. and when btc goes down, everything else goes down- and haejin having the wrong count on BTC recently. (that being said, all technical analysis whether elliot waves or whatever have weaknesses!)
look nobody has 100% accuracy. nobody can guarantee that. that's why you diversify. nobody could claim they are sharing facts, rather they are sharing opinions by observing repeating patterns in nature.
due to haejin's experience (and i know he's not lying about this one), i have a little more trust in his opinions than my own - altho i'm learning more and more.
also, if you follow trading view, there are a lot of mistaken calls all the time. this is why you diversify, this is why you dont put all your eggs in one basket.
All you say is fair under normal circumstances. But he is making 15.000 - 20.000$ DAILY easy. So basically he is being crowd sourced for his work and the quality of the TA does justify the pay. What is worse, naive followers have been badly badly recked lately because of his irresponsible posts. I have been a long term follower and even a fan of haejin but Bitconnect and Geocoin was the point I said WTF. luckily I was not that spellbound to put money in those.
did you have a stop loss? coz that's what experienced traders do.