I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .
just wanna know what is your favorite trading system? single methods or combine with each other method?
I am not a full-time trader, I follow people to know about the trades but I do my own analysis before because I am not active and the people I follow when they share information about the trade, I look into it to see if it is good for me or not before taking the trade. My analysis consists of watching the RSI, 4EMA to build the support and resistance. I consider the time as well before making it, because 4ema directly gives us the idea of support and resistance in any time frame easily and quickly and we can know in the future where this coin is heading.
I follow the news mostly because if there is something good about that coin in the news or on the usd chart, not usdt, because on usd chart I can see all the important events of the month, and most importantly I follow the behavior of BTC too, if btc is bullish at that time or the timeframe I want to trade in that coin, then I am bullish with my trade otherwise I have to be careful with risk management like sl and tp mostly. But buying in parts is more beneficial, we can easily manage our buying price.