Post
Topic
Board Trading Discussion
Re: technical analysis is enough to be successful in trading ????
by
Nunoluck
on 14/07/2019, 04:15:57 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 only a graphical analysis of coin price movements, so traders can predict the price trends, determination of the support-resistance line, reversal and forcasting. But you need to do fundamental analysis so you can know the fair value of the coin. By using those analysis so you can know where is the good position to buy, sell or wait and see. After that you can apply your trading plan.