I am seeking the opinion of the experienced and voicing my opinion.
I think if a training is 100% for learning, 1% of it is technical analysis and the rest 99% is psychological games..Because I have been learning and trading technical analysis for a long time but mostly I lose. I am still learning after that. I've noticed lately that big investors can handle trading as they please. Because they have a lot of funds, if they take a small amount, they take big trades and destroy it. In which case technical analysis is not enough. And I think psychological analysis plays a big role along with technical analysis.
But I don't have any psychological knowledge about trading. Looking for expert opinion on psychological mind set.
Yes, technical analysis does work, serving as a great tool for traders to forecast future market movements based on past patterns and trends. However, I also do think that it's equally important to recognize that trading isn't just about the charts; the psychological aspect plays a crucial role as well. Understanding both market psychology and your own emotional responses to wins and losses can significantly impact trading decisions. These two elements — technical analysis and psychological mindset — work hand in hand, each reinforcing the other to create a more comprehensive approach to trading. Developing skills in both areas can lead to more informed decisions and potentially improved trading outcomes.
If you would like to discuss this further, you can contact me via my Discord:
https://discord.gg/dCvaBZWNcG