I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
Although both are important for a successful trading, I do believe it is still much better to trade on technical analysis. Technical analysis is extremely important to be able to read the market unlike having to wait for some big news to affect the market.
Without technical analysis, there's no possible way for you to be called a trader. I mean, without technical analysis, how do you even intend to trade?
I'd advice you shouldn't depend on event news to trade. The best thing to do is to trade based on technical analysis.
Its okay to use technical analysis to read the market however fundamentals will always move the price, without the latter price volatility will be very slow while the former indicates price direction thus agreeing to the fact that both are very important to make profits consistently,
Fundamental news in most cases rubbished technical analysis that is why a trader must have both knowledge and keep an on events related to that particular cryptocurrency, forex or stock traded this will guaranteed and consistent profits.
Although some traders trade and relies only on fundamental analysis which I believed is very risky.