Post
Topic
Board Trading Discussion
Re: What went wrong here?
by
Arcas
on 06/09/2020, 12:58:40 UTC
There are really times which you do need to skip out and dont force yourself to make up positions even if you do saw that losing chance is somewhat high but there are really people who do really likes to gamble rather than on skipping out.

In result? if they do lose then they do regret and murmured that they should havent make a trade but its already too late.In the case of op where he do expect that he entered the right time by just because of that
triangle pattern but the movement is going on opposite as anticipated.

Come to think that no matter how good your technicals are, crypto market can easily break those analysis.

In other markets, technical analysis does not always or always work, but traders do not interpret it correctly. In the crypto market, this is even worse. In addition, the trader needs to be able to perform technical analysis correctly, the slightest mistake will be fraught with consequences.
Yes some of the Technical Analysis don't always work they are just guides of the possible things that may happen based on existing evidences but we really don't know what will happen or maybe there are some wrong things you did or missed when you tried to buy or maybe you read it wrong still we should always be ready on what will happen since market is really unpredictable.