Post
Topic
Board Trading Discussion
Re: technical analysis is enough to be successful in trading ????
by
zergenyt09
on 10/07/2019, 06:58:51 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 good but not hundred percent what will make you win all the time. Yes it can be helpful cause there are times you will be able to get close to accurate prediction of what the market is going to be in future. But just because you know technical analysis doesn’t mean that you are now going to be winning every trade you put your money in. If it works like that, then there are lots of people that are very good in that and they should have become millionaires overnight. I don’t know if you do follow some predictions that some experts do, you will see that it is not always accurate. Most of the times they are wrong, and when it’s right, it’s not 100% right.