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Topic: Fundamental or technical, which one you do used? - page 3. (Read 19000 times)

member
Activity: 700
Merit: 12
I prefer do fundametal trading. Im typical long term trader. Cause newbie like me to hard for learning technical analysis.
Technical analysis is hard but it is easy to make profits through it than fundamental. Most time the positive fundamental information to you may be negative one to another trader and it is technical that we most time agree with each other.

Technical analysis will help us to make some decent profit because we can easily guess the prices through the technical knowledge, but whereas through fundamental analysis some time our strategy will not work and I have experienced much time like this by failing.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I am both fundamental for my long term trading and technical analysis in my short term trades. But most of the time I am relying on my technical analysis since I mostly do short trades. The trading success depends on how do you use that fundamental or technical in a proper way. Some may read and analyse that strategies in a different way that may lead their tradings a mess.
It's very important to have a good guidelines when working with your technical analysis knowing that shorting with volatile market is really a risky strategy, you have to know the right factors that affects the market movements while working with your analysis as mistakes with anticipating the market can ruined everything, though it's still better to have patterns to follow but most of the time traders have it's different approaches they are just picking working one to achieved their goals.
I have always thought that because of the volatility of market, fundamental analysis would be best in pace of technical analysis, but I never knew I was just saying so because I lack the knowledge to make use of technical analysis, until I was fully exposed to it, and actually using technical analysis is not much of a difficult thing, we just need someone great who is more knowledgeable to take us through it, then we will see that we cannot predict the market without having to use but the fundamental and technical analysis.

Technical analysis is very great and effective for both the long term and short term prediction, but it really require enough learning first if people want to really be able to make use of it, especially for traders who buys and sells often from the market.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
I am both fundamental for my long term trading and technical analysis in my short term trades. But most of the time I am relying on my technical analysis since I mostly do short trades. The trading success depends on how do you use that fundamental or technical in a proper way. Some may read and analyse that strategies in a different way that may lead their tradings a mess.
It's very important to have a good guidelines when working with your technical analysis knowing that shorting with volatile market is really a risky strategy, you have to know the right factors that affects the market movements while working with your analysis as mistakes with anticipating the market can ruined everything, though it's still better to have patterns to follow but most of the time traders have it's different approaches they are just picking working one to achieved their goals.
member
Activity: 868
Merit: 15
I am both fundamental for my long term trading and technical analysis in my short term trades. But most of the time I am relying on my technical analysis since I mostly do short trades. The trading success depends on how do you use that fundamental or technical in a proper way. Some may read and analyse that strategies in a different way that may lead their tradings a mess.
Short term trader don't follow Fundamental news new and short term trader follow technical analysis movement candle(the situation make maybe newcomer trader), other things to don't follow the long term analysis 'fundamental or technical' low budget trader focused technical analysis I mean make money instantly, agreed your thinking success depends on everything.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
I trade both shorter and longer timeframes, and so I use both fundamental and technical analysis in my trades. Been trading more actively on the LTFs, and I've been working recently on trading with obvious support and resistance flips and it's been working quite well for me. Never really been a big fan of the more complex candlestick formations, though I do utilize some of them like hammers and some candlestick reversal patterns. I find that simple TA often works out quite well, sometimes better than more complicated TA.
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
We can not rely only with fundamental, or vice versa. Expert trader maybe use one of them, but experienced trader will use both of them. If you want to be sucessfull trader you must use both of them. Both of them have advantage and disadvantage, so combine two method will minimize risk while open position for trading.
jr. member
Activity: 228
Merit: 1
it depends, if you want to play long term use fundamental analysis
but if you want short term use technical analysis. but the most important thing is to understand the emotions felt by market participants in a certain period of time, so we know the market sentiment that moves prices to one side or does not move at all.  Cheesy Cheesy Cheesy Cheesy
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
I prefer do fundametal trading. Im typical long term trader. Cause newbie like me to hard for learning technical analysis.
Technical analysis is hard but it is easy to make profits through it than fundamental. Most time the positive fundamental information to you may be negative one to another trader and it is technical that we most time agree with each other.
When it comes to fundamentals, i dont see for it to be different when it comes to impressions yet it can be clearly seen if its negative or positive ones.
Traders do have same mindset when it comes to news so i dont see any difference when it comes to this field.When it comes to technicals this is been commonly used but somehow
these tools arent precise to predict prices but you can opt in on combining this two to have a better analysis.
sr. member
Activity: 882
Merit: 269
I prefer do fundametal trading. Im typical long term trader. Cause newbie like me to hard for learning technical analysis.
Technical analysis is hard but it is easy to make profits through it than fundamental. Most time the positive fundamental information to you may be negative one to another trader and it is technical that we most time agree with each other.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision.  I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision.  I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market.  Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
I believe you should. Analyzing candlesticks' formations and patterns will help you to successfully execute your technical analysis. It will also save your time in determining the projectile of the market. On the other hand, using candlesticks' formation isn't enough. You must be open to other tools and disiciplinary practices such as risk management, using wave patterns, and other helpful indicators that will help you to confirm entering upon position.
newbie
Activity: 178
Merit: 0
I prefer do fundametal trading. Im typical long term trader. Cause newbie like me to hard for learning tecnical analysis.
newbie
Activity: 56
Merit: 0
In fact, I believe that in order to trade successfully, it is not necessary to know the technical analysis thoroughly. The use of fundamental analysis would be sufficient.
well, in general, we don't really need anything technical in trading, because it's only based on buying and selling. however, I think both are important points in trading. however, if measured, then, fundamentals are indeed the best thing.

My point is that the best option is to to use both. But personally i prefer technical analysis because it's based on data and charts. Usually i read an articles about trading signals providede by Monfex.
legendary
Activity: 2030
Merit: 1028
Since I'm long term investor, fundamental become my choice.

For new trader, it's recommend to learn about fundamental because technical far more difficult and it's also short term trading which if you are not advance for it, you will get absolute loss
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Can someone actually trade and be successful with only fundamentals   Huh To me, relaying on news alone can be dangerous because sometimes, news don't really reflect market direction.
No one can actually be a trader with cent percent success rate so it is okay to be losing some times,all you need to do is make profits in the long term and make surplus capital from what you invested by doing more profitable trades than more losing trades.
newbie
Activity: 56
Merit: 0
In fact, I believe that in order to trade successfully, it is not necessary to know the technical analysis thoroughly. The use of fundamental analysis would be sufficient.
well, in general, we don't really need anything technical in trading, because it's only based on buying and selling. however, I think both are important points in trading. however, if measured, then, fundamentals are indeed the best thing.

My point is that the best option is to to use both. But personally i prefer technical analysis because it's based on data and charts. Usually i read an articles about trading signals providede by Monfex.
full member
Activity: 1736
Merit: 121
Can someone actually trade and be successful with only fundamentals   Huh To me, relaying on news alone can be dangerous because sometimes, news don't really reflect market direction.
sr. member
Activity: 2030
Merit: 356
The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision.  I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision.  I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market.  Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
It is true and rational for you to make use of both technical and fundermental analysis for you to make informed investment decision because in technical analysis with the use of candlestick will not be enough for an informed investment decision in crypto currency market.
The cryptocurrency market is highly volatile and that makes it very difficult for us to predict and succeed in a long-term but if we can work hard enough I believe that we can actually make an informed investments decision that may put money in our pockets.  Investors that depends only on fundamentals analysis will lose and likewise those that may depends on the technical analysis alone.

It is better to use both the fundamental and technical analysis as using only one of the method may not give the accurate results. If you asked about forex, then only TA would work. But this is not true in case of crypto currencies. I always follow both TA and FA, before making any trade.
legendary
Activity: 2184
Merit: 1302
Using all options afforded to you as an investor is the best decision to make and the one which will accrue more success for you as a trader.
Both fundamental and technical analysis are all good to implement and there are many more strategies that can also be used. A combination of them all for the perfect trade isn't such a bad idea, as long as success comes at the end, that is the goal of every trader
member
Activity: 1204
Merit: 38
Both are not needed equally in the same times but in sometimes analysing with fundamentally will be important to be a better inverstor but in sometimes technically analysing will be more useful for you so you need to be ready with all both of these things if you want to be a better trader.
hero member
Activity: 998
Merit: 504
I use both fundamental and technical analysis just to be very sure before making any trade so that I don't lose my money instead of making profit.

I make sure I analyze the charts and the markets properly, I also make use of services like coinmarketcap so I can see the trade on each exchange one after another and be able to know if there will either be a rise in the rise of a particular coin or a dip.
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