You're listening to the Option Alpha Podcast from Option Alpha.com where we show you how to

make smarter trades learn how the stock market really works and generate consistent

monthly income. Now your host and head trader at

option alpha.com Kirk depluses.

Hey everyone this is Kirk here again from option alpha

com working every week to make this the most popular

podcast offered online because it's based on one thing and one thing only and that's helping you guys

make smarter trades.

So thanks so much for tuning in today and thank you so much for everyone who's already

put some awesome comments in iTunes and the reviews up there that really helps us as we get started here with episode number

five, but I'm glad that it's been great that you guys are enjoying this content. There's so much

more to come. We've got so many more great episodes planned out in the future, stuff that I'm already recording, interviews, test them, or case studies that we're doing. It's just going to be awesome. So in today's episode though, what I want to talk about is why technical studies are dying and charts

should be obsolete, right?

And I know I'm going to take a lot of flack for saying this and that's okay right I'm starting to to build this discussion and and start the discussion really about why I think that over time charts and charting will be more or less obsolete or just as much less

important that it is today. So there's a couple things we're going to go

over in today's show. One we're going to talk about why people don't even use them the right way anyway,

why people don't use technicals the right way and how you can maybe avoid that if you are using technicals.

And number two, we're going to talk about why charts

are becoming less important because they don't really show us anything when it comes

to options trading. So all of the numbers that we need when it comes to making a good decision about an options trade are really, really not even reflected in the chart itself and why that's going to come as a surprise to some of you that I say that I'm starting

to wean myself off of using charts as much. And then the last thing we're going to

talk about is really kind of my thoughts on the future of trading for the individual and retail trader like

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