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Topic: technical vs strategy - page 2. (Read 807 times)

hero member
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May 17, 2019, 11:47:24 AM
#48
I don't know much about technical analysis,I just prefer my own strategies according to the market condition and also I don't prefer same type of trading always it also will change for market situation.
Technical analysis is a big help for you to determine were the market or price is going and for your strategy can you site an example of what strategy you are doing? I guess you have a good strategy and its nice that you are so flexible in finding the right strategy that will fit in your time and effort, keep it up but, dont forget to learn some technical analysis it will help you a lot.
hero member
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May 17, 2019, 11:20:28 AM
#47
Most of them are purely guess and doesn't have a solid proof to back up their price prediction and anyone could do what they are doing.

Quite right that some people do guess work on price without any backing or prove for it but prediction is highly relied on technical analysis. It is looked upon and estimated or predicted that price might get to such area or diverted by news.
Then that will be a mistake if they still guessing where the price moves because they will never find the right situations on the market.
I prefer to use my own strategy or methods to find the right place to buy and sell, and I am sure that I can do that although I can not get precisely, I can expect to get a low price of the coin.
We can use the prediction from other people for our analysis so we can find the right time to buy or sell and we don't have to follow them to get the right time.
If we can get the right time with our own analysis, then I think we can improve our skills to better.
legendary
Activity: 2982
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May 17, 2019, 10:56:24 AM
#46
Most of them are purely guess and doesn't have a solid proof to back up their price prediction and anyone could do what they are doing.

Quite right that some people do guess work on price without any backing or prove for it but prediction is highly relied on technical analysis. It is looked upon and estimated or predicted that price might get to such area or diverted by news.
It's needed to have an assumption before making a predictions, with technical knowledge you'll be able to anticipate much broader if you can set things up and follow the cycle, pattern will lead you to a much better guess, news and some other stuff might influence the possible next movements, it's just need to be more deeper when analyzing the next move.
hero member
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May 17, 2019, 10:52:28 AM
#45
I don't know much about technical analysis,I just prefer my own strategies according to the market condition and also I don't prefer same type of trading always it also will change for market situation.
sr. member
Activity: 2366
Merit: 332
May 17, 2019, 10:08:48 AM
#44
Most of them are purely guess and doesn't have a solid proof to back up their price prediction and anyone could do what they are doing.

Quite right that some people do guess work on price without any backing or prove for it but prediction is highly relied on technical analysis. It is looked upon and estimated or predicted that price might get to such area or diverted by news.
sr. member
Activity: 994
Merit: 257
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May 17, 2019, 06:55:39 AM
#43
I would use my own strategy rather than relying on a technical analysis.
Just look at most of the TA's prediction does they seem good to you?
Most of them are purely guess and doesn't have a solid proof to back up their price prediction and anyone could do what they are doing.
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May 17, 2019, 06:31:22 AM
#42
"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??

iS there any difference between strategy and technical trading? If you listen to your favorite podcaster or writer or "shiller", then that cannot be qualified as strategy. That's dumb. They getting paid to shill for some project. There are very few people that talk about a project because there is merit there. They do it because they're paid to do so.

There's a difference between the two of course. Not everyone can have a strategy that anchors in technical analysis. I for one have no patience to do long time study in a coin and it's movement. But your strategy can go from simple things such as long term or buying when you believe that a coin has potential. It's a lot simplier than studying charts and price movements.
hero member
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May 16, 2019, 10:36:39 PM
#41
"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??

iS there any difference between strategy and technical trading? If you listen to your favorite podcaster or writer or "shiller", then that cannot be qualified as strategy. That's dumb. They getting paid to shill for some project. There are very few people that talk about a project because there is merit there. They do it because they're paid to do so.
legendary
Activity: 1834
Merit: 1036
May 16, 2019, 06:57:03 PM
#40
I sue to just trade by emotions. I just pick a random coin that I see moving a lot and sell right away when i earned a profit but you can earn more if you know how to use those tools available in trading sites, it will help you not only to gain profits but protects you in losing money. example is RSI, it gives you an idea if its overbought already or oversold.
newbie
Activity: 10
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May 16, 2019, 12:36:32 PM
#39
Technical analysis gives objective information that you'd otherwise overlook or not consider if you relied on sentiment alone.
member
Activity: 633
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May 16, 2019, 11:26:38 AM
#38
the most important thing is, master the technical if you want to trade,
if only investment and returning assets occur, then not succeeding in analyzing is not a problem,
Because trading without analysis and careful planning will make our transition unstable.
Knowing the technical sides will lead us to create strategies, it comes from studying first the technical and having experience to really deal with the process of having a effective strategy.
technical analisys help us alot to identify in which level we have to place our order.this is not easy job to we have to learn in long time and also practice it in market with real money although in small amount.
TGD
hero member
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May 16, 2019, 10:47:38 AM
#37
the most important thing is, master the technical if you want to trade,
if only investment and returning assets occur, then not succeeding in analyzing is not a problem,
Because trading without analysis and careful planning will make our transition unstable.
Knowing the technical sides will lead us to create strategies, it comes from studying first the technical and having experience to really deal with the process of having a effective strategy.
legendary
Activity: 2968
Merit: 1130
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May 16, 2019, 04:11:56 AM
#36
For me, it's more on strategy. I'm not saying that I don't look at the TA or the technical side, but I don't rely on it 100%. It's often misleading and manipulative, as ran by the whales. So I'd rather trust my own strategy that be a stupid subject of greedy whales' manipulation.
You are quite right mate, because I don’t see the existence of TA without strategy coming first, even when one reads TA, it takes strategy to be able to implement whatever the TA gives, or else like you said, we will just continue falling victims of whales manipulation, but in the other hand,.

TA strategy only works more for intraday or short-term trading and I don’t see it working for a long term investment, for one to succeed in making long-term investment decision, we must definitely use other strategies& methods to do so. So when talking about strategy, we also need to first know the type of trading in question.
hero member
Activity: 1008
Merit: 501
May 16, 2019, 04:02:50 AM
#35
"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??
Listen, most of the Bitcoin investors and traders have a basic skill how to trade and invest and they are always connected with the market situations either technical or strategic. Articles are many and mostly the first searches shows articles based on well researched plans which help you build your understanding knowledge. You should be happy these technical writers make it easy for you to get.
legendary
Activity: 2156
Merit: 1018
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May 16, 2019, 01:05:29 AM
#34
the most important thing is, master the technical if you want to trade,
if only investment and returning assets occur, then not succeeding in analyzing is not a problem,
Because trading without analysis and careful planning will make our transition unstable.
full member
Activity: 714
Merit: 114
May 16, 2019, 12:53:42 AM
#33
Only technical analysis in crypto currency trading will not make you a good crypto currency trader because there are other things such as fundamental issues that usually affects the crypto currency market.

Idk what fundamental issues is but i know that there alot of factors that affects a trader .  fex examples are volatility or unstabless of the cryptos  , manipulation caused by whales  , fuds , speculation  .   and also , technical analysis isnt the only trait that a trader needs to be able to become succesful  . as a trader we must also posses a luck , strategy , patience  , dedication , hard work , and many more . 

We shouldnt compare technical and strategy because if we lack one you cant expect to win your trades  . both are needed but we still need more good traits to increase our chances of winning .
hero member
Activity: 1274
Merit: 516
May 16, 2019, 12:17:01 AM
#32
We understand technical analysis is not that easy to understand and cant be 100% correct, and to master the skill need time, effort and experience and before reaching that  a lot of people like to take shortcut by joining group signal, but by mastering by your own you can create a better strategy to take decision, analysis and strategy need to be work together to get the best result
sr. member
Activity: 1330
Merit: 291
May 16, 2019, 12:04:14 AM
#31
Only technical analysis in crypto currency trading will not make you a good crypto currency trader because there are other things such as fundamental issues that usually affects the crypto currency market.
sr. member
Activity: 1330
Merit: 326
May 15, 2019, 11:08:19 PM
#30
What is your point here, OP?,
Seems like you've lost. Your statement doesn't make any sense and did not anything related with your title technical vs strategy. It is more on advices that I don't really understand. I wonder if you want to know if technical is a strategy or if technical is more useful than strategy. But i want to tell you that technical analysis is my strategy in trading. It is my basis when the market dump or pump.
sr. member
Activity: 812
Merit: 251
May 15, 2019, 08:50:41 PM
#29
As a trader they use these two methods to get profit every time there's an actual trade happening for the individuals trader.
In fact, the way I opened the link articles Honestly, I don't exactly get the catch of it. Just all I know is that both are very important
for us to achieve the profit We are aiming.
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