Post
Topic
Board Altcoin Discussion
Re: Trading by technical analysis or just intuition?
by
marks1976
on 01/07/2018, 07:51:32 UTC
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.