Topic: Trading by technical analysis or just intuition? - page 20. (Read 3060 times)
Trading analysis is indeed needed because of our market's volatility you may want to read the charts first because it could rise and fall within just seconds,so it needs pure analaysis both fundamentals or news,and technical analysis so that you will have a good idea when to get in or out within your trades.
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.
Of course you need both technical and fundamentals because it will give you an idea when to get in and out within your trades,accuracy of your trades would be higher because you are using these technical indicators,every trades needs to be analyzed because you could miss a good opportunity.
This is the most stupid thing i ever read about analysis ? using your intuition for your trades? yes you can if you want to get rekt fast,or if you want to lose everything you have go ahead and use your intuition,sorry for the word but its stupidity technical analysis is very needed as well as fundamentals when it comes in trading altcoins because the market is too volatile.
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?
Intuition but I have to back it up with a good research and technical analysis. You lessen the risk of making bad trades if you have conducted a good research on your coins. Then always keep yourself updated with the current news so you can make the right at the right time.
I think that trading by intuition only is recipe for disaster. You should use your intuition to "smell" the bad projects or the great ones, but you can never relay only on your intuition.
That is very stupid if you did use your intuition or even your luck with your trades,trading has a lot of factors to consider both technicals and fundamentals are needed so that your trade accuracy will be higher,winning trades will always come to you when you are using technical analysis because of the market's volatility it is indeed needed.
Wether you are trading by technical analysis or just intuition should make no difference on day trading. You also could roll dices for your predictions with same results. There was an interesting study by caas of business school, university London, that compared simulated trading skills of monkeys against investors. Guess, who won that competition.
https://www.cass.city.ac.uk/news/2013/april/monkeys-beat-market-cap-indices
Especially on cryptocurrency markets you will have different results on mid- and longtermtrading. But also here technical analysis wouldn't help without deep researches on the traded currencies. Your intuition will give you the power to filter out needed informations.
https://www.cass.city.ac.uk/news/2013/april/monkeys-beat-market-cap-indices
Especially on cryptocurrency markets you will have different results on mid- and longtermtrading. But also here technical analysis wouldn't help without deep researches on the traded currencies. Your intuition will give you the power to filter out needed informations.
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.
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?
all the same. Because you can use a margin trading (with or without leverage) even on bearish market and do "short".
Future meme - "just SHOTR"
It can be called as stupidity and carelessness if you did use only your intuition when it comes to your trades,because the market has high volatility it needs a lot of factors to be considered both technicals and fundamental analysis is very needed in every trades because it could give you high accuracy of trades and you will be making a lot of money when you know what you are doing.
This is true,we need to use technical and fundamental analysis so that our trades would be much easier,those people who are getting rekt are careless people or the ones who are trading without basis,trading with luck is a suicide and you can lose everything you have ,so if i were you i wont do that if you dont want to get rekt. 
Trading it is mathematics. It is logical think that you would be a professional trader. This applies to investors. It's worth being a genius to be able to choose the best ICOs. Personally, I invest in promising projects and expect to get a maximum of ROI from them. One of my favorite projects is Red Lanterns. This project is about sexual education. They make a mobile application.
It can be called as stupidity and carelessness if you did use only your intuition when it comes to your trades,because the market has high volatility it needs a lot of factors to be considered both technicals and fundamental analysis is very needed in every trades because it could give you high accuracy of trades and you will be making a lot of money when you know what you are doing.
Good intuition is a perfect addition for any matter including any kind of investments or readings, but it is not a key factor of all that objected with financial decisions. I advise to read more about different kinds of analysis.
Only noobs will do that,trading isnt buying from the bottom and selling it to the peaks,there are few factors to br considered one technical analysis and second fundamental analysis or the news,if you do that you are literally burning your investment down and you wont win your trades accurately because you are only guessing.
Well, if you intuitively understand the market. But you also need knowledge and technical analysis to get the most profit!
I believe that it is impossible to understand the market without the basic knowledge of technical analysis)
I believe that it is impossible to understand the market without the basic knowledge of technical analysis)
If you trade only based on your intuition, you will soon end up sleeping on the street,
Moreover trading need more than just a technical analysis you need fundamental analysis too, maintain your emotions. If you do trading like you play in casino all you do is burn your money
Moreover trading need more than just a technical analysis you need fundamental analysis too, maintain your emotions. If you do trading like you play in casino all you do is burn your money
Yes it is ,because if you wont use technical analysis and fundamentals how would you know when to get in and out in every trades you are in?it is very needed especially because the charts are moving accurately and following indicator's patterns ,it means you could easily get profits from those patterns using the technical and fundamental analysis.
Don’t really understand how to trade. And do I really need it to know? It is obvious, that buying crypto is a good investment tool. I mean, it will be profitable anyway. Now, investors don’t buy shares, they buy crypto and just hold it. How do you think?
That is stupidity if you ask me? why would you use your guts and luck into your trades? trading isnt that easy it has a lot of factors to be considered like technicals,fundamentals and other important things such as major trends,support and resistance levels that is why you need to have technica l analysis in every trades so you can win your trades accurately.
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