best type of analysis to use | Bitcointalksearch.org

putrisa

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Quote from: lushlifing on April 04, 2018, 07:33:06 PM

Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

type analysis in my opinion is not too important anymore because for now the most important is good news and there are developments from the coin you buy because if there is no progress or good news from the coin is definitely the price will be difficult to up.

MAJICOIN

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For me the best analysis which i have to do before trading is regression and correlation among two different coin and through their price difference many things we can measure these through different ways and now if we help from charts in trading that is very helpful now days personal analysis is vary from person to person and it is good to be in touch with the present market.

Leonard2016

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Every one is good at something and he/she is more comfortable with some of them , you need to find what is suits you best , You don't need to be a imitative , sometimes i get better result with a way that it doesn't work for you so much , all of these ways are just based on possibilities , there is no certainty in possibilities world.

Webberson

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Quote from: lushlifing on April 04, 2018, 07:33:06 PM

Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

There is no 100% accuracy when it comes to trading strategy. Trading analysis has to do with both technical and fundamental analysis. With technical analysis, you need to try price actions, trend line break-out, and support and resistance strategies. It is advisable not to use lagging indicators to analysis the market.

bettercrypto

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Indrawan77

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Trading analysis is only a prediction that being created by bunch of data and experience, it is not 100% accurate and will never be 100% correct, no matter how many indicator you used, the purpose of the trading analysis is to give you a better look of what happened in the market, if anyone can guess 100% correctly that person will be extremely rich, there are so many factors that can caused the indicator to failed

Dontme

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Quote from: MinerHQ on April 04, 2018, 09:00:33 PM

Quote from: lushlifing on April 04, 2018, 07:33:06 PM

Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

If you're looking for a 100% accurate thing then you will never get one to use because NO such things are available.

I'm not an expert in trading so don't know to give you an exact answer to your question but in general it depends on many things like trade volume, trend lines, resistance and support levels, moving averages and market sentiment. Like this plenty of things need to consider but not always market moves as per these technical analyses because sometimes any small news can change complete calculations and markets can move opposite directions.

You are right, it is sometimes based on what others heard. I am very convinced that news is very powerful. When some of the big investors give news to what they are buying or what is the best ICO or best coins then some of the small traders and small investors will do the same.

yanto@1977

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Quote from: lushlifing on April 04, 2018, 07:33:06 PM

Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

Analyze meaning prediction, if analyze accurate I believe there's no loss. As long you understand the technic and how market works, you only need to fix your strategy by follow trend with stop loss. Most of us trust their method but never want to fix it, market always change my friends. Keep practice and fix it, simple isn't ?

Qartersa

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Quote from: lushlifing on April 04, 2018, 07:33:06 PM

Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

I go for the regression approach for predictions. It serves me well since it carefully takes into consideration both dependent and independent variables. I studied this when I took my Master's Degree and it really changed my life. Everything is provided for already the moment you download the software in your laptops/desktops. All you have to do is to key in the data you have gathered. But you know, you have to have a thick data for it to better well work for you. Try it, and let me know how it goes for you.

jrrsparkles

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Quote from: lushlifing on April 04, 2018, 07:33:06 PM

Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

No one can't be 100% accurate in trading because we don't know exactly what will happen in the future,so don't confuse about some lost trades everyone is losing some trades but all we have to do is make profits in longer term and learn from the mistakes which can help us to make profits in the future.

gabbie2010

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My trading analysis is based on both TA and fundamental analysis my opinion is based on the facts that every price movement of a Cryptos e.g bitcoin is triggered by a fundamental news while TA will indicates the appropriate time to buy or sell based on analysis and data provided by indicators although it might workout as planned everyday but it's level of accuracy is perfect.

Arwinkim

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Quote from: lushlifing on April 04, 2018, 07:33:06 PM

Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

No such thing can give you 100% accuracy to trade with highest profit possible even with technical analysis that looks more scientific. Why? Simple, the market is unpredictable at certain times. The best method to use in trading is combining technical analysis and fundamental analysis. Both analysis can help you to see the whole picture of the market.

squatz1

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You're not going to find anything, markets go up and they go down. It happens -- there's nothing that you can do about it. It's going to happen. You can't try to predict the market, you can't try to find a good time to enter and a good time to exit. TA is used by people to reassure them of their own research, it shouldn't be used as your ONLY decision maker when it comes to trading.

Some people have their own methods, though I only LIKE to use holding as it seems to be the only thing which has worked on a long term basis.

Thirdspace

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Quote from: lushlifing on April 04, 2018, 07:33:06 PM

Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

use all your resources around you, combine both technical analysis and fundamental analysis
and even then you still can't be "100% accurate" Tongue

you would still need to make an "educated guess"

Quote from: MyIota on April 22, 2018, 05:57:24 PM

Quote from: richfinch on April 04, 2018, 10:51:56 PM

---snip---
Chart 1: A five-day moving average (SMA 5) repeatedly surpassing a 20-day moving average (SMA 20):
https://media.coindesk.com/uploads/2017/02/chart-5-day-SMA-rising-above-20-day-SMA.png
---snip---

It's sad that this post got merited when it was obviously copied and pasted from: https://www.coindesk.com/bitcoin-traders-know-technical-analysis/

Quote from: Koro-Sensei on April 04, 2018, 11:58:17 PM

COPY PASTING
NO CREDIT WAS USED TAGGED FOR PROOF

Here is the link : https://www.google.com.ph/amp/s/www.coindesk.com/bitcoin-traders-know-technical-analysis/amp/

He probably can get away with it, saved by accidental "complete copy-paste" with remnants links to chart images
his post has a few links back to the charts in its original source domain, it's all up to the mods how they perceive his post
I've reported something similar to this a month or so ago but mods never delete the reported post Undecided

minersday

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Quote from: lushlifing on April 04, 2018, 07:33:06 PM

Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

Because it is impossible to be accurate about how the people is going to react about news, about how the market is developing by itself, and a lot of other stuff.

So no, there is no analysis that can help you out sometimes.

MyIota

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hurriebra49

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I have trading plan in which I have made pending orders when buying and also set the selling orders which are the good way to exit the market and I think this is the best time to exit from the market,

toots25

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try using the graphical analysis, keep an eye on the graph of the coin your training in to, if it reaches it soft cap at the ICO sale meaning that coin has potential, you got three choices if that happens , first sell it on the first exchange second is wait for it to reach its midpoint on the graph then sell it , last is wait for it to reach its hard cap , and profit more do the HODL Tongue

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TravelMug

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As @MinerHQ has pointed out, there no exact science to help you pinpoint the correct market trend. But personally, I only look at SMA. This is just a good guide personally for me and I make a good success out of it. Maybe I got lucky or something because I really don't believed that there is a TA tools that will really predicts such movement because we all know how volatile this market is. Probably just observed how the market goes and make used of your common sense.

Koro-Sensei

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