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

How to overcome the weakness of technical analysis

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When someone trades only technically, in my opinion that is already good because then of course he will be able to focus more on carrying out analysis.
#406 - October 19, 2023, 02:54:16 AM

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In my opinion, here we must be able to prevent technical analysis errors by using good management and using stop loss and take profit correctly because we must be able to study this seriously.
#407 - October 20, 2023, 02:32:45 AM

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I think you can try to lock in some of your profits at some point when you are already profitable, that is one way to overcome technical weakness.
#408 - October 20, 2023, 03:04:56 AM

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I suggest always using stop loss and take profit every time you open a position because it is a good thing so that you don't experience floating minus and make sure you always use a clear trading plan that you have made.
#409 - October 21, 2023, 07:51:22 AM

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In my opinion here, the fear of carrying out technical analysis is normal, the important thing is that you must be able to always use good management, always apply Open positions with safeguards such as stop losses correctly.
#410 - October 23, 2023, 03:14:55 AM

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How to overcome the weakness of technical analysis in General Forex Discussion_6803a6c52eb12
#411 - Today at 03:39:04 PM

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There will definitely be mistakes in technical analysis, but we have to be smarter, we have to be able to control the risk, we have to be able to always use stop loss and take profit every time we open a position.
#411 - October 24, 2023, 02:21:22 AM

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In my opinion, you don't need to worry about technical analysis mistakes. What you have to do here is limit risk by managing using a good trading plan and always using clear targets.
#412 - October 25, 2023, 02:00:56 AM

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From the experience of trading forex for several years, it is always the case that when there is big news the technical doesn't work, so maybe we should avoid trading when there are important fundamentals.
#413 - October 25, 2023, 02:04:52 AM

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Here, we understand how to maintain management so that we can avoid technical analysis errors. We are also required to use stop loss and take profit when we always open positions.
#414 - October 26, 2023, 01:52:29 AM

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With logical considerations and careful calculations, we will be able to overcome technical weaknesses, because technique is more about calculating currency ranges.
#415 - October 26, 2023, 01:55:17 AM

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Errors in technical analysis are bound to happen, so here we must be able to try to protect our money with regular management using a trading system that has high accuracy.
#416 - October 27, 2023, 01:47:25 AM

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One way to overcome technical weaknesses is not to chase prices. Forex trading can provide many opportunities, but if the price is too far away, don't force yourself to enter.
#417 - October 27, 2023, 01:51:19 AM

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You can make technical analysis mistakes well by implementing proper management because after all, using stop loss and take profit is something that is really important for us to do.
#418 - October 28, 2023, 01:52:51 AM

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In my opinion, technical analysis errors can be anticipated with careful planning using good management practices and the use of ideal stop losses
#419 - October 30, 2023, 03:19:03 AM

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we can only minimize it because there is no guarantee that it is 100% correct when we use indicators or technical analysis, therefore it is very important for us to always use stable management and always use stop loss
#420 - October 31, 2023, 03:22:29 AM

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