Post
Topic
Board Trading Discussion
Re: this lines dont work anymore
by
exstasie
on 28/07/2019, 19:17:59 UTC
ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now

Without seeing your analysis (past and present), it's impossible to say what the problem is. But if doing TA gives you a headache, then trading probably isn't for you.

To keep i simple: if you had success in trading only based on technical analysis, then you were simply lucky.

I wouldn't say that. I've been trading successfully for the better part of a decade and my method is purely technical. I am not generally a lucky person either.

Most people don't understand that trading requires extreme rigor and diligence. Backtesting extensively, properly taking EV+ opportunities over and over, and grinding it out with proper risk management over the long term with a 30-50% loss rate......this is what makes a successful trader.

Beating the market is not luck, whales, manipulation, or any of the other rationales people use to justify their losses. Most people are simply bad at applying TA and trading and will never have what it takes.