Post
Topic
Board Trading Discussion
Re: Do you believe Technical Analysis?
by
Hamphser
on 25/11/2023, 18:40:34 UTC
It's true that what you say is that there are no 100% accurate predictions, it's just that perhaps by predicting them we can understand a little of the developments that are occurring.
-cut-
Same in the case here, but the technical analysis of the people are so strong the in the trading not all but some of the traders who have studies the coins and they have even all the information about the graphs of the coins. But still the may fail at some points due to the market up and down. So I didn't fully believed in these things like following them on different occasions.

Yes I agree with that, as I said no prediction is 100% accurate.
In fact, predictions always involve uncertainty (speculation), but having experience and knowledge can help us manage risk. Although technical analysis can be powerful, market fluctuations remain a factor that is difficult to fully predict.
Market is never been predictable on the first place and it is really just that normal that you would really be needing to make use of any tools or anything that could help out at least to see on where those prices could eventually go. Yes, technical analysis might not be that 100% precise but we know that it is really that mainly been that being used by most traders. Why? It is really just that more better to make use of it
rather than on making up some trading positions without any basis or simply just because of emotions or some sort or intuition? that would really be that a joke if you are relying with those things.

Sooner or later you would really be able to find out about their usage and relevance on which it would really be just that right that you should make use of TA. Trying out to make use of news or simply FA?
There's nothing that you could be able to see from time to time in speaking about news on which it is really just that right that you do know other skills or method
on which at least you are really that able to make yourself have at least the idea on what you are doing.