Post
Topic
Board Trading Discussion
Re: technical analysis is enough to be successful in trading ????
by
Oceat
on 20/04/2019, 20:17:46 UTC
I am trading from many years using technical analysis but technical analysis only is not enough , I am lacking something in my analysis and not having confidence in taking trades only based on technical analysis, I did ask many traders they say lot of factors like psychology, crowd behaviour , market sentiments , any experienced traders here know some other factors  please mention , and if  of you know  books where I can learn those  please mention book name            thanks

Technical analysis is more suitable in forex trading, it's not that effective in crypto trading, so if you are doing crypto trading then don't rely much on technical analysis. It wouldn't be helpful for you.

In order to successfully gain some profit in trading, you will need to add something when trading in crypto since technical analysis alone won't help you always. Risk management is the number one source of success to all business-minded people and traders.