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A common trap for beginners in technical analysis is feeling secure by placing their stop losses in areas supported by technical patterns. 

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These zones, however, become loaded with stop losses and inevitably attract price action, which moves to grab all the liquidity and fill large orders.

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As a result, someone with a basic understanding of technical analysis often ends up playing against themselves. This explains the frustration of those who believe that TA is useless.

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It's only with experience and a deep understanding of these dynamics that one can move to the next level and use technical analysis efficiently.

Thank you for sharing this insightful perspective! It's a vital reminder of the need for deeper comprehension and strategic thinking. Looking forward to more posts that challenge and enhance our understanding!