Post
Topic
Board Trading Discussion
Re: Trading futures without knowledge of chart patterns, is gambling not trading
by
MCobian
on 04/05/2021, 07:55:19 UTC
Most people just learn the basic of trading which is just executing trade, but this isn't enough to be a successful margin trader if not you keep loosing funds, you have to learn about chart patterns, know how to analyze trade, know how to read candles. With this knowledge of technical analysis you could actually know when to enter and leave the market, like it's said no one can actually know the direction of the market! I might be new but with my studies I can say technically analysis could help to predict the market to an extent. Trading futures without knowledge of technical analysis is just like gambling because you don't know the next movement your just trading based on luck

It is not easy to become successful traders, therefore it is necessary to have good preparation before deciding to trade. Moreover, if you intend to
trade futures, you must first master the spot trading. My advice is to practice more trading, in order to improve analytical skills and also be able
to predict coin price movements in the market. To achieve success in trading, don't forget to also correct mistakes that have been made when
trading. There are many things to learn when trading, so don't ever be lazy to learn everything about trading. The thing to remember is that
we must be patient when trading, because we can't succeed in a short time.