Topic: Fundamental or Technical Analyst. Which one are you? (Read 649 times)
I'm more of an investor than a trader so fundamental analysis suits better to my style. I've tried learning how to read the charts and candlesticks before and my brain can't comprehend it when I reach the complicated part. But I think if you're someone who's a casual trader, knowing how to do both FA and TA will help you to execute your trades properly. TA can be invalidated by FA when a certain economic issue happens.
I had huge experience in the trading platform.I had worked in almost all type of trading.And many varieties of trading too.I had worked in future trading also.But future trading had huge risk in it.So you need to skip about it.Because we don’t have any free money to loss to the exchanges.With my experience,I will be the technical analyst.Because technical people should have huge experience then a normal traders.
No matter on what type or kind of trading you are involved into, you would just basically touch up technical indicators which would really be needing up for you to make analysis and make up decisionswhether you would be selling or buying.It all boils down on what things that would really be effective on you and make you profitable.It is indeed true that there are market situations which you cant
really that able to have those sentiments or news around which means you would be needing to make use of technical indicators which would really be that helpful no matter what.
Make use on whatever things which you do seem to be relevant on your trades.You cant really just make out immediate decisions without any basis.
I had huge experience in the trading platform.I had worked in almost all type of trading.And many varieties of trading too.I had worked in future trading also.But future trading had huge risk in it.So you need to skip about it.Because we don’t have any free money to loss to the exchanges.With my experience,I will be the technical analyst.Because technical people should have huge experience then a normal traders.
Well to be a good trader you actually need to be both of them a long term Anlysis Master and Fundermentals reader. So when you combine both of them it looks like the Son of crypton in the body of Thor haha just Kiding i hope you got my point. Be an entity to cover up all it seems difficult but its possible in a pure way. Enjoy...
I'm more of an investor than a trader so fundamental analysis suits better to my style. I've tried learning how to read the charts and candlesticks before and my brain can't comprehend it when I reach the complicated part. But I think if you're someone who's a casual trader, knowing how to do both FA and TA will help you to execute your trades properly. TA can be invalidated by FA when a certain economic issue happens.
It really depends on our strategy when trading, if only for long-term investments, it seems that just doing fundamental analysis is quite helpful.
With fundamental analysis we can find out which projects are worth buying for long-term investments. But if we want to make a profit from day trading,
we are highly recommended to be able to do technical analysis. That's why we really have to learn how to do technical analysis and also
fundamental analysis. Because if we master both, it will benefit us, because we can try short-term trading as well as long-term investment.
We must also remember that the more knowledge we have, the more we understand how the crypto world works. So don't be lazy to learn how to do
good fundamental analysis and technical analysis.
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.
This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
I just don't have the time and I'm too busy, it's not that I don't know how to look at charts or technical analysts, but I rely more on fundamentals to trade. So, suppose I might be monitoring the market and charts but only for a short time of about 30 minutes to 1 hour on the computer, after that maybe I'll continue to check it again when I'm free using my smartphone.
It is really just too much on which reading up indicators wont really be that much taking soo much time.If you do know on whats the purpose of indicators that you had put up, then there's no way that you could
read up for how many minutes on just staring up those indicators but well, its you and we do have different approach on reading up those indicators or else you dont know on what technical indicator is?
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.
This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
I just don't have the time and I'm too busy, it's not that I don't know how to look at charts or technical analysts, but I rely more on fundamentals to trade. So, suppose I might be monitoring the market and charts but only for a short time of about 30 minutes to 1 hour on the computer, after that maybe I'll continue to check it again when I'm free using my smartphone.
Basically all we do is fundamental analysis. Although we try to do technical analysis it never becomes possible.Technical analysis is complete luck.But we hold or trade by thinking about the fundamentals.Fundamentals are very important to us and we always remember about this.
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This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
It is our advantage to have them both and see our success because the truth is that traders had spent a lot of time doing TA and FA in order to gain profit, not losses.
I don't know what if someone is in trading and doesn't use analytical charts and also whether the fundamentals are used quite effectively or not, because I myself when doing this of course all strategies in trading are needed to see the movement of the coins to be traded , but I think looking at the graph is very important for analysis.
If you could apply technical and fundamental analysis then you must do it.You could really justify out on those analysis of yours once you do have those confirmations but somehow you shouldn't
really make yourself believe that it would be 100% precise. You should really make yourself be that versatile and able to adopt on what you should gonna do.
This market is fierce and if you dont really make yourself that prepared then you'll surely be fucked up.
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This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
It is our advantage to have them both and see our success because the truth is that traders had spent a lot of time doing TA and FA in order to gain profit, not losses.
I don't know what if someone is in trading and doesn't use analytical charts and also whether the fundamentals are used quite effectively or not, because I myself when doing this of course all strategies in trading are needed to see the movement of the coins to be traded , but I think looking at the graph is very important for analysis.
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.
This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
It is our advantage to have them both and see our success because the truth is that traders had spent a lot of time doing TA and FA in order to gain profit, not losses.
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.
This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
I can't say which one is me. I often change my strategy in trading, I don't rely on fundamental factors or technical factors only. And basically, we need both fundamental and technical analysis to make sure the right decision to make. However, I think I more often trade based on fundamental factors lately. I sometimes wait for good news from certain coins to buy and trade them. During the bearish season, I prefer to stop trading if no good news, too risky trading coins without clear signs.Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.
I am new in the crypto market and trying to understand how to be beneficial to me. I got some ideas while reading some of the comments earlier this might help me in searching the ideal way to learn more about trading. I think if we use both the fundamental and technical analysis is the best for me.
Technical analysis have been used for entry/exit price points on charts by professionals traders who used fundamentals for backing up that that trading decisions. Even sentimental analysis is widely used to combine the overall data and get the feeling of market participation on long/short positions.
Personally I use all of mentioned analysis methods before clicking buy or sell buttons, it is still possible to reverse bad trading idea even if trader has made wrong decisions in case of underwater trade positions thanks to proper money management skills. Nothing wrong using both together for minimizing losses and maximizing possible profit opportunities.
Personally I use all of mentioned analysis methods before clicking buy or sell buttons, it is still possible to reverse bad trading idea even if trader has made wrong decisions in case of underwater trade positions thanks to proper money management skills. Nothing wrong using both together for minimizing losses and maximizing possible profit opportunities.
One of the problems with fundamental analysis is that even if it can tell you the direction the market can take over the long term it cannot tell you how big the movement will be or when the movement will actually happen, information that is key if you want to become profitable, it is because of this many traders decide to ignore that information because it is simply not that useful to them, since the only ones that can make use of that information are long term investors which can wait for years for results to actually materialize.
Fundamentals could really be that obvious which you would really be determine if its positive or negative but you cant really assure if those news or sentiments could really happen whether it would turn out to be bearish or bullish.So you cant really make assurance even if you do focus on using up fundamental analysis and this is where you would really be considering on making use of technical indicators.
So it would really be just that normal that you would really be that finding ways no matter what it is as long it would really be that helpful and efficient with your current trading activity.
So its up to you whether you would be using whether which one of those as long you could really make profits or good position then that what really counts.
Fundamental has never let me down and I believe that I will always go with it. Technical Analyst is something that shows what crypto could do or what the market is thinking and then something major happens and everyone changes their idea and if you are too late then you are going to lose money.
We have seen plenty of times when charts showed that it should be going up and the market is building up for something great, and then some news from some government comes out and the price crashes. I am not really fine with that, fundamental investment on something good for a few years is the way to go, holding bitcoin for 10 years can't hurt at all for example.
We have seen plenty of times when charts showed that it should be going up and the market is building up for something great, and then some news from some government comes out and the price crashes. I am not really fine with that, fundamental investment on something good for a few years is the way to go, holding bitcoin for 10 years can't hurt at all for example.
I'm basically an Technical Analyst than fundamentals analyst because everything around Fundamental are represented there in the Chart, but I equally do pay attention to fundamental analysis when necessary, using the recent Fed tightening and hiking of interest rate for example ,I have been recently paying more attention to fundamental analysis like never before, and before carrying out any of my trades.
I'm trying to use both. When it is merged it is a strong prediction, although it is not guaranteed because Whales can always change all the state of the market and cancel our Analysis. But if not then I will use Technical to enter the market, if technical is bad but there are good Fundamentals then it can change the situation. But we have to minimize all analysis by determining the time we leave the market so that it doesn't get worse. We have to be disciplined with our strategy.
bearish or bullish.So you cant really make assurance even if you do focus on using up fundamental analysis and this is where you would really be considering on making use of technical indicators.
So it would really be just that normal that you would really be that finding ways no matter what it is as long it would really be that helpful and efficient with your current trading activity.
So its up to you whether you would be using whether which one of those as long you could really make profits or good position then that what really counts.
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Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Fundamental trading is not about trading based on release news that may impact the price of crypto. It's about the use of both economic stance and financial characteristics that determine the market's next trend which could be news, mining difficulty, halving effect, etc.Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.
This is the reason why I consider crypto trading to be a form of gambling because the Technical analysis which you see as crap the analysis used by most cryptocurrency traders but I personally like the fundamental analysis and this is the reason why I never day trade.Jump to: