Quote from: Kunnu on July 26, 2021, 03:14:19 PM

Quote from: ogundowotoby01 on May 19, 2021, 10:33:35 PM

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

It's really difficult to understand the volatile nature of the market we can only estimate on the basis of technical analysis but not everyone can do analysis properly especially new people that's why they have to face loss whenever market dumps that's why it's really necessary for everyone to understand the nature of the market which is not easy but could be possible if we try to understand with dedication.

Trading is a game of Probability and Technical analysis is just a guide for a trader when he wants to make a buy or sell decision
when trading in the short term but technical analysis is not effective for predicting future prices.
A professional trader will build a solid trading system combined with the right money management and the right trading psychology