Options Trading

Please look up the countless volumes of literature already present on the subject. And keep in mind that TA indicators is notorious for data mining and plenty of properly conducted studies are still subject to these errors like look-ahead bias. And the nature of financial theory means that once a trading indicator is proved correct and makes economic sense, it gets arbitraged away.

Does google exist? If options weren't profitable they wouldn't exist. Technical analysis is horse shit. Only if you're good at it, and if you're asking the prior 2 questions you should stay FAR away from them.

I’d say it also depends on the type of technical analysis you mean: 

If you mean painting the graph to get the triple reversed Libra sign with the moon in full retention. Then no it won’t work.

if you mean technical analysis as people do it at bulge brackets, yes technical analysis can be useful. But for them technical analysis mean flow analysis, where they look what major funds and CTA’s are doing and where they invest, in order to get a feeling for current trends. An example for this would be Scott Rubner from GS.

so it really depends on what you mean by technical analysis. Hope I could help a bit. 

Lay off Instagram buddy

I think it's like gambling, just when you think you know the rules, reality slaps you in the face

The most reliable way to make profits with options is by selling them, not buying them. Check out r/thetagang on reddit. It's not risk-free though, you still have to manage risk incredibly well and fully understand the greeks.

I've seen people make money off of TA, but that was after literally years of practice, backtesting, paper trading, finetuning their trading psychology, and reviewing their own trades. Not everyone has the stomach or emotional strength to do this, it's INCREDIBLY difficult.