Topic: Trading by technical analysis or just intuition? - page 16. (Read 3060 times)
Trading by technical analysis is the the most accurate and on time trading method because with technical analysis you make accurate and calculative moves in your trading but when you rely on intuition you stand to make mistake repeatedly because when you think that the market is right for trading you may be right or even wrong.
The crypto market is much more messy than forex, so standard analysis techniques do not always work. But it is always better to rely on the technique than intuition, because otherwise the investment becomes pure chance.
You shouldn't trade cryptocurrencies based on technical analysis or intuition but based on the real world use case of the coin and the market they are targeting, the developers team and the amount of community members. If a coin has strong fundamentals than it is going to go up no matter what. You must based your choice on information. Btw all technical analysis based on iformation.
Both of those things go hand in hand. The theory of technical analysis is likely to make you avoid the worst mistakes, but the opportunities are intuitive really.
In such a bearish market, are you making your trading moves by technical analysis or just follow your heart and believe some coin will start to bounce back hardly or something else?
I would say technical analysis any day. I am saying that because, in this market, there are lots of alleys to fail in your ventures, especially in the trading market. Many people have already said and reiterated how the trading market can be so dangerous and notorious in making deals go south, even for those who have actually invested enough time to study their ventures. So, winging it in this market would most likely amount to a loss than to success. It pays to do your homework mate.
The best strategy to trade is fundamental analysis that is the major thing that move market. Technical analysis can be deceptive because market move by the decision of the people and not by drawing lines in a graph.
Yes, that's what I believe. TA does not always work with cryptocurrency. Too speculative investment now which is manipulated by whales. But fundamental analysis is quite good compared to TA here. Although here you can't investigate any data like balance sheet, income statement, cash flow statement. Many metrics applicable to stocks are not applicable here. So it's also kinda speculation. But it's definitely better than TA. Pick good coins and hold, that's the best way to invest in crypto.
I am not trading but investing in long term assets and I always use technical analyses. But I am always listen to my intuition as well, because intuition sometimes can warn you about thinks you don't see.
TA doesn't work in cryptocurrency market we need to trade in gut feeling and intuition work correctly in some cases crypto is very volatile market
Basing decisions only on intuition transforms trading into gambling. On the other hand, the crypto are so unpredictable in their behavior that the classical technical analysis are of little use. But they are always better than nothing.
The best strategy to trade is fundamental analysis that is the major thing that move market. Technical analysis can be deceptive because market move by the decision of the people and not by drawing lines in a graph.
as attaining with supports of limit on risks to work on displacement, investors to gains with the chance on extending appeals as might with the decision to helps of following terms as referring with the better on returns to deliver numbers as might to connects with the beginning limit on initials as the plan on length with the investment plan on running objectives with the timelines of entrance.
Whether it is technology or intuition, the most important thing is that you don’t expect the goal to be in your heart. You must know that people’s desires are big, and they make more and want to earn more. It can be said that no one can make the right choice again and again.
It would be riskty because the market has high volatility and it could rise and fall anytime that is why you need some proofs that you will get from technical indicators that will act as a good or bad signal to trader or not,indicators most of the time are accurate and it depends on the person who uses,3-4 indicators are good enough to win your trades.
I am relatively a newbie in trading and I did not understand everything in order to make predictions. I rely on my intuition and advice of experienced traders 
Its depend to people because for me I'll do both, rely on my intuition while asked some help of well experience traders. But not all the time i rely on my instinct sometimes im also study the flow of the market to make sure my intuition is correct, but if not i rely on technical analysis. Also do trading is not easy work because need most of your time to watch the market.
Technical analysis definitely helps in deciding the better entry or exits, trading based on just emotions leads to losses only, do not trade what you like, trade what you see, so technical analysis is the key.
I am relatively a newbie in trading and I did not understand everything in order to make predictions. I rely on my intuition and advice of experienced traders
Correct intuition in crypto can develop only if you have studied the features of technical and fundamental analysis well. And even after that, it's pretty much a lottery.
This is a question of a person who has no experience in trading. You can't get constant profit without TA. Intuition doesn't make you a successful trader. You must have a profound knowledge in technical analysis in order to trade with profit. You will not get rich if you don't make an effort in trading.
Exactly, man. Intuition or any emotions complicate trader's life only. Only clear mind. Because we need constant profit not at once. In this case TA only and deep project investigation give maximum profit
Yes, it is difficult to trade in this market, but relying only on your intuition I think you will lose everything very quickly! At the moment, I have reduced my trading to almost a minimum, as the bulk of my portfolio is still in drawdown..... But I know people who take as a basis the technical analysis and quite successfully trade even in such a bearish market.
This is a question of a person who has no experience in trading. You can't get constant profit without TA. Intuition doesn't make you a successful trader. You must have a profound knowledge in technical analysis in order to trade with profit. You will not get rich if you don't make an effort in trading.
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