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How to overcome the weakness of technical analysis in General Forex Discussion_697bdb568da29

How to overcome the weakness of technical analysis

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Vernalta

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What is certain is that you must always use stop loss and take profit when trading and what is more important is to use a trading journal so that you can see the development of your technique, whether you are winning or losing
#376 - September 20, 2023, 07:08:17 AM

Dyandra

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You are obliged to always use stop loss and take profit every time you open a position because we will never know whether you are right or not. And make sure you use an effective trading system.
#377 - September 21, 2023, 07:41:20 AM

Vernalta

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We can overcome these technical errors by using management with strict risk management and making sure you also use a trading system for your analysis to open positions.
#378 - September 23, 2023, 03:32:14 AM

Dyandra

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One of the most convenient steps when you use technical analysis is to use management and apply stop loss and take profit when trading forex. This is very important for you to take advantage of
#379 - September 24, 2023, 04:06:51 AM

Vernalta

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One way to overcome technical analysis errors is by using regular management, using stop loss and take profit on every open position and making sure you use a capable trading system.
#380 - September 25, 2023, 04:23:21 AM

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#381 - Today at 01:52:47 PM

Dyandra

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Sometimes technical analysis can make us lose because the signals produced are not always accurate, but don't worry, you just need to apply regular risk management and also use Stoploss and Take Profit in every open position you make so everything will be safe.
#381 - September 26, 2023, 03:52:29 AM

Vernalta

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You have to use good management because when you can't use good management because you won't be able to avoid wrong technical analysis you also have to implement the right strategy system using stop loss and take profit
#382 - September 27, 2023, 04:24:46 AM

Dyandra

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If you can implement management well and always use stop loss and take profit when opening a position then I am sure that your open position is always in a safe condition and can definitely make a profit
#383 - September 28, 2023, 05:17:34 AM

Vernalta

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You are required to always use management appropriately and you are required to always use stop loss and profit margins properly so that the results will be more precise and smarter.
#384 - September 29, 2023, 06:57:26 AM

Dyandra

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You can reduce technical analysis errors by using proper management, using stop loss on every open position and always using a qualified trading journal.
#385 - October 01, 2023, 02:07:34 AM

Vernalta

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One form of way so that you can carry out technical analysis safely without fear of losing is to use a stop loss using a clear target and make sure you always use a good trading plan with proper management implementation.
#386 - October 02, 2023, 02:18:49 AM

Dyandra

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use stop loss and take profit every time you open a position and make sure that when you open a position you also have to apply strict risk management, for example using 2 to 10% with the calculation that your capital will not run out easily
#387 - October 03, 2023, 01:40:02 AM

Ikhtiar

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Quote from: Dyandra on October 03, 2023, 01:40:02 AM
use stop loss and take profit every time you open a position and make sure that when you open a position you also have to apply strict risk management, for example using 2 to 10% with the calculation that your capital will not run out easily
In my opinion, if you use a 10 percent loss target, it's too much because in my opinion the potential loss should only be 2 percent per trade.
#388 - October 03, 2023, 01:42:35 AM

Dyandra

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In general, errors in technical analysis will often occur, therefore we can anticipate them by using proper management as well as using stop loss and take profit in every open position that we will make.
#389 - October 04, 2023, 02:23:05 AM

Vernalta

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Technical analysis that has high accuracy is not free from errors and this is where the function of using good management by implementing adequate stop losses and take profits is in case your technical analysis doesn't work.
#390 - October 05, 2023, 02:42:09 AM
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