Post
Topic
Board Trading Discussion
Re: TA or FA which is a better choice for market speculation.
by
MinMan
on 21/04/2022, 12:09:34 UTC
Knowing and learning the two will give you better advantage in the trading market.
But aside from that, if you are trading a particular coin, you should also educate yourself about the updates of the coin.
Those TAs will not help you if you have no idea what is happening on the coin itself.
You may be looking at the graphs, but you have no clue of why they do have that kind of trend in the market.
Joining the social media channels of the coin will also give you hints on what the team is planning or where the coin is heading at.
Fundamental analysis includes news. What you are saying of following the coin updates can be covered on fundamental analysis already. If you don't follow the coin updates but your only using technical analysis, I think you will still get curious on why the price is dropping and after that you will check the news of the coin but it can be too late for you already.

T.A's are more than looking at the chart right? But it also involved using indicators and other complicated tools, so it's hard for someone that is only starting in trading but F.A's can be easy because your only basing your decisions or prediction on the news and events that are currently happening.