Post
Topic
Board Trading Discussion
Re: What are the benefits of combining fundamental and technical analysis?
by
jeraldskie11
on 26/09/2023, 15:20:13 UTC
At least for long-term trading, it is necessary to combine the two types of analysis so that a more complete and relevant analysis can be made. What do you think, do you use both?

In our opinion, the benefits would be the following:
1. Comprehensive Vision
2. Signal Confirmation
3. Risk Mitigation
4. Capitalizing on Both Short and Long-term Opportunities
5. Flexibility in Strategies



https://coin-score.ai/articles/the-benefits-of-combining-fundamental-and-technical-analysis/

All I know that there are profitable traders that only uses fundamental analysis and there are traders who use only technical analysis. So if we combine these two would definitely increase the rate of winning. In trading, the more confluence the higher the probability of winning the trade. But before you use in your actual trade, backtesting is a must. And remember, without risk management will just result to liquidation. So you must have a trading plan and stick to it.