There is one thing I always find interesting when exploring market history - these pioneers have left an incredibly valuable legacy. Munehisa Homma is one of the first names that anyone studying Japanese candlestick charts must know. He was born in 1724 and died in 1803, but what he left behind still influences us today.



Then came Charles Dow, whom many call the father of modern technical analysis. Richard Wyckoff with his unique method, and Jesse Livermore - the big bear of Wall Street. All these people are not just names in textbooks; they are individuals who truly changed the way we perceive the market.

But what makes me ponder is - from the time of Munehisa Homma until now, over two centuries have passed, and the fundamental principles still haven't been surpassed. There are countless books written about these people because they created a solid foundation. Their technical analysis methods are still widely referenced, and the fact is, the tools we use today are just evolutions based on what they built.

I have never seen anyone achieve more remarkable success by completely ignoring those fundamentals. If you are truly interested in technical analysis, I think you should spend time learning about Munehisa Homma and other predecessors, reading their works. That will give you a much deeper understanding of how the market operates.

Technical analysis will always be the most powerful tool in financial markets, but the real question is whether you know how to use it effectively. I have never said I win every time, but at least I know what I am doing and why. My analyses of USDT.D and BTC have proven that. Sometimes, not changing your perspective can also be a smart decision.
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