Post
Topic
Board Altcoin Discussion
Re: Trading by technical analysis or just intuition?
by
Veeggaa
on 25/08/2018, 13:42:30 UTC
I am rather newbie in the cryptocurrency market so I generally just copy the trades of others, it has helped me learn a lot about the subject, what I can tell is that intuition is really bad when dealing with such a volatile currencies, it is almost like a lottery.
Simple as you should not be too dependent on it because technical analysis although it can give us a clear view of market trends but sometimes the market will fake signals and if we believe in technical analysis, we will lose money. So we should trade in both ways is technical analysis combined with intuition, should not think intuitively just a gambling game, a trader with many years experience, intuition is always based on a lot of different factors, their intuition is not a joke, it is quite accurate, should not be underestimated. Good luck, mate.