Trading by technical analysis or just intuition? - page 7.

linkybit

full member

Activity: 560

Merit: 107

Keep Working

Quote from: wodebutterfly on March 16, 2018, 03:56:05 AM

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 go with both Wink

, For new coins trading I would like to research and for old coins, I just use my own speculations Grin

diepvien98712

newbie

Activity: 111

Merit: 0

Technical analysis works well in a bull market but not in a bear market from what I have seen, what technical analysis does is to predict the likely direction of the price not to tell you what the price will be, a lot of people turns to profess themselves as a pro and most people have learnt their lessons in the recent bear trend

komawei

member

Activity: 92

Merit: 10

There should be both. I believe that intuition is sometimes more useful than technical analysis. After all, volatility usually happens in an instant.

ngantrann206

newbie

Activity: 84

Merit: 0

Technical analysis works well in a bull market but not in a bear market from what I have seen, what technical analysis does is to predict the likely direction of the price not to tell you what the price will be, a lot of people turns to profess themselves as a pro and most people have learnt their lessons in the recent bear trend

Btcvilla

sr. member

Activity: 1078

Merit: 270

Quote from: wodebutterfly on March 16, 2018, 03:56:05 AM

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?

of course technical analysis is more accurate than following your heart. obviously there are different comparisons, but not everyone has technical knowledge of analysis in trading even more so to read the chart indicator. but there are many traders who depend on experience from time to time and that too can be the foundation of the rest must still seek knowledge

ar72

newbie

Activity: 182

Merit: 0

Every real trader need strategy and analysis. If people still use only intuition for trading, I think that is not a trader but a gambler. Gambler who only rely on luck or bad luck.

minerdiary

jr. member

Activity: 322

Merit: 2

I used to be engaged in trading in futures and options markets and I can say one thing: technical analysis is still quite bad at the current auction of crypto currency. The thing is that there is not enough liquidity, and also the graphs of many coins are unpredictable.

nicole74859

newbie

Activity: 98

Merit: 0

Everything is about intuitiion because we live on a technology environment that is very unstable and has great possibilities of ups and downs, anyway don´t ignore the numbers.

Karina 3340

member

Activity: 168

Merit: 10

I try to use mostly technical analysis. Because intuition is a good thing. But often she fails in this matter. Crypto currency needs the knowledge of technical analysis, especially for beginners

marks1976

sr. member

Activity: 893

Merit: 250

Quote from: BantiHanter on July 01, 2018, 03:34:07 AM

Quote from: wodebutterfly on March 16, 2018, 03:56:05 AM

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?

If you are trading by following your heart, I think it is not trading but gambling.
For short term trading requires technical analysis.

But technical analysis doesn't guarantee what will happen in the future, even to be said people who are expert and always drawing trading pattern will often have a wrong prediction.
The whole market is purely based on demand and supply, none of technical analysis could predict what will happen to the price movement in the future even if someone is genius.
Just need a bad news mainly about regulation and it could sucesfully messed up all your prediction.

cryptoneox

copper member

Activity: 266

Merit: 1

Technical analysis is not the only way to trade. Try to trade using news / events. Personally, I don't believe in TA and it is like gambling for me, trying to find a figure of flying goat in a graph looks stupid.

BantiHanter

newbie

Activity: 182

Merit: 0

Quote from: wodebutterfly on March 16, 2018, 03:56:05 AM

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?

If you are trading by following your heart, I think it is not trading but gambling.
For short term trading requires technical analysis.

manismanja

member

Activity: 518

Merit: 11

it seems that I prefer to do both because by looking at the situation and having the expertise to analyze you can get a lot of profit.

karanggatak

hero member

Activity: 1106

Merit: 506

I think good trading is using technical analysis because the science of trading has long existed and very accurate if applied in we take the decision to trading, whereas if we just use the feeling then things you do not far away with you gamble, I myself very avoid trading without using technical analysis.

bawa_23

newbie

Activity: 322

Merit: 0

Trading is never based on intuition, Research is always needed to do trading/investment as it’s our own money. As techniques are developing most of the traders will buy/sell their coins with the help of it. Technical analysis is very helpful in up & down swing trading time.

Ekaterinat

full member

Activity: 252

Merit: 101

I do not believe in the effectiveness of technical analysis because the cryptocurrency market is developing according to its own rules and only after the beginning of its regulation, volatility will begin to decline.

hoangnhungg555

newbie

Activity: 70

Merit: 0

Everything is about intuitiion because we live on a technology environment that is very unstable and has great possibilities of ups and downs, anyway don´t ignore the numbers.

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Quote from: AK47- on June 29, 2018, 12:48:54 PM

Quote from: wodebutterfly on March 16, 2018, 03:56:05 AM

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?

If you are doing short term trading go for technical analysis. Technical analysis are quite accurate when it comes to short term or day trading trends. they can help you to know exit and entry point and an upcoming pump/dump but of lower degree. If you club fundamental analysis with TA, that is going to help more. Like THC is going to have HardFork on July 19 which means it is good to buy it during dips and sell it before 19th July for good profit.

I agree with you, unless its not manipulated. I do used also a little technical analysis on my tarde to verify trends and make decision. Also, I am checking its fundamentals, if any news affecting the price. Both are good indicator plus intuition too.

LowBrain

full member

Activity: 631

Merit: 113

Intuition is good just for holding, not for daily trading. You can buy altcoin because you believe in team and their ideas. But i think it doesn't work with short position.

vochau026

newbie

Activity: 84

Merit: 0

ntuition and Technical analysis are great partner, you may find great profit if you combine both. I haven't say that I am very good in trading, what I could say, both capabilities are the requirements and has high significance on this field.

Topic: Trading by technical analysis or just intuition? - page 7. (Read 3028 times)