For all my 5 months in trading, I'm learning only technical analysis but now everyone is talking about the concept of "Smart Money". So I think that trading is changing and speculators should stop trading based on technical analysis. Or smart money just a concept that cannot possibly work in the market,
Yes, of course you must know how to do technical analysis, this is important when you enter trading, you can't just enter basic knowledge is important if you know how to do T.A, it's good for you Discipline in trading is the most important thing