Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How to overcome the weakness of technical analysis

How to overcome the weakness of technical analysis in General Forex Discussion_68922e7c602bf

How to overcome the weakness of technical analysis

Discussion started on General Forex Discussion

Print
Pages: 1 ... 25 26 [27] 28 29 ... 57   Go Down

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 59
  • Reputation: +53/-46
Indeed, sometimes we are too afraid to use technical analysis, sometimes we don't believe in our own analysis, therefore we have to protect it by using stop loss and regular management so that our money remains safe.
#391 - October 06, 2023, 02:47:21 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 105
  • Reputation: +18/-46
Excessive fear when trading forex using technical analysis. In my opinion, this can be overcome by using a stop loss for every open position and proper management calculations, don't use a racket too long and don't be too tight when using a stop loss.
#392 - October 07, 2023, 04:03:09 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 59
  • Reputation: +53/-46
Technical analysis tends to be wrong when we use it, but there's no need to worry, we can use management appropriately and apply stoploss and take profit properly so you can reduce the risk of this.
#393 - October 09, 2023, 01:15:19 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 105
  • Reputation: +18/-46
It is mandatory for you to apply management well by using stop loss and take profit. Apart from that, the most important thing is to use a trading system. All the methods you use must have a system
#394 - October 10, 2023, 12:48:31 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 59
  • Reputation: +53/-46
In my opinion, the most important thing here is to use stop loss and take profit when trading and when you trade, you also have to use the system that you have created to carry out analysis.
#395 - October 11, 2023, 01:11:44 AM

Sponsored

How to overcome the weakness of technical analysis in General Forex Discussion_6803a6c52eb12
#396 - Today at 01:52:46 PM

Ikhtiar

VIP
  • Hero Member
  • Posts: 21615
  • Points: 7001
  • Likes Received: 1011
  • Reputation: +4/-0
Actually, when you use technical analysis, you don't need to study fundamental news from the market being traded or analyze it to apply it to technical analysis, but I also don't know how to overcome technical weaknesses.
#396 - October 11, 2023, 01:14:10 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 105
  • Reputation: +18/-46
You will definitely make mistakes in technical analysis, but you can limit this risk by using good management. Limit risk by using stop loss and take profit. Make sure you always use the right trading system.
#397 - October 12, 2023, 01:13:21 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 59
  • Reputation: +53/-46
In my opinion, feeling afraid when trading because maybe you are afraid that your technical skills will be the same is normal, but in any case you have to keep trading with the help of stable management using a planned trading system using a stop loss every time you open a position properly and implementing it. take profit realistically
#398 - October 13, 2023, 01:34:07 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 105
  • Reputation: +18/-46
One way that you can avoid technical analysis mistakes is to use proper management and make sure you always use Stoploss and take profit for your goals to make them clearer and safer.
#399 - October 14, 2023, 04:40:45 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 59
  • Reputation: +53/-46
To overcome errors in technical analysis you need to understand how to use management properly. You also need to be able to understand how to use stop loss and take profit properly and correctly.
#400 - October 15, 2023, 06:46:42 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 105
  • Reputation: +18/-46
The mistake you want to avoid when using technical analysis is simply to use stop loss and take profit every time you open a position, that way you are limiting your own risk.
#401 - October 16, 2023, 07:14:21 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 59
  • Reputation: +53/-46
When we want not to make mistakes in technical analysis, we can only try to use proper management using stop loss and take profit for every open position and really implementing a competent planning system.
#402 - October 17, 2023, 07:27:19 AM

Ikhtiar

VIP
  • Hero Member
  • Posts: 21615
  • Points: 7001
  • Likes Received: 1011
  • Reputation: +4/-0
If you want to overcome technical weaknesses then you must have a predetermined profit target according to the strategy you have created and you must also understand the fundamentals.
#403 - October 18, 2023, 02:01:44 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 105
  • Reputation: +18/-46
In my opinion, technical analysis errors definitely exist, but we can continue to use open positions well by applying small risks, maintaining proper management and being able to open positions with high quality.
#404 - October 18, 2023, 03:23:29 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 59
  • Reputation: +53/-46
To overcome errors in technical analysis, we can only try by implementing the right management system, always try to create a good trading system, always wait for momentum when you want to open a position and of course always use stop loss and take profit.
#405 - October 19, 2023, 02:21:37 AM
Print
Pages: 1 ... 25 26 [27] 28 29 ... 57   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How to overcome the weakness of technical analysis

Members:

0 Members and 2 Guests are viewing this topic.


How to overcome the weakness of technical analysis in General Forex Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity:


Kraken Crypto Trading