Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.
If you're looking for a 100% accurate thing then you will never get one to use because NO such things are available.
I'm not an expert in trading so don't know to give you an exact answer to your question but in general it depends on many things like trade volume, trend lines, resistance and support levels, moving averages and market sentiment. Like this plenty of things need to consider but not always market moves as per these technical analyses because sometimes any small news can change complete calculations and markets can move opposite directions.
Even 3 years long traders find it hard to profit Everytime and here you are asking for very effective analysis. The guy here is talking facts about trading because no one is an expert on trading even if they win millions of it because sometimes dumb luck appears out of nowhere in someone so that's what you get from me. I'm not giving salty AF just giving an honest opinion to those who ask impossible answers in this forum.