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How to overcome the weakness of technical analysis in General Forex Discussion_67f83ac065b44

How to overcome the weakness of technical analysis

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Vernalta

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When you are afraid that your technical analysis is wrong, that is when you are obliged to trade with active management. The use of stop losses and take profits must be prioritized properly so that everything becomes better than before.
#436 - November 27, 2023, 01:39:52 AM

Ikhtiar

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I think that overcoming technical weaknesses also depends on ourselves, because technical weaknesses are what determines us, not other people, it's up to us whether we want to do it or not, it's true what you said, Klis, there are 2 secrets, the first is a trading plan, where we want to go in the future, we already have it. in our minds, and there is no hesitation in the future, then money management.
#437 - November 27, 2023, 01:42:49 AM

Dyandra

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You are afraid to admit to opening a position because you are afraid because your technical analysis is wrong, so you are obliged to use management. You are obliged to use trading methods well so that you can anticipate failure on target.
#438 - November 28, 2023, 05:29:06 AM

Vernalta

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Technical analysis errors are natural and we as traders do not need to be afraid of this problem. The important thing is that we have a good system plan, always use management regularly, use analysis and open positions, use adequate stop loss and take profit.
#439 - November 30, 2023, 05:35:03 AM

Dyandra

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I understand how you feel, the fear of errors in the technical analysis that you use means that you may have to be alert to always apply good management, to always use stop loss and take profit every time you open a position, to always make a trading plan that will definitely create an accurate trading system.  .
#440 - December 02, 2023, 01:22:29 AM

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#441 - Today at 05:37:02 PM

Vernalta

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Avoiding technical analysis mistakes can only be done with good system management and good financial management. We will not be able to avoid technical analysis mistakes 100%. What we can do is take care of our management and take care of our risks so that our money doesn't run out with technical analysis mistakes. 
#441 - December 03, 2023, 02:10:55 AM

Dyandra

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In my opinion, technical analysis errors are common, so when we want to be safe from technical analysis errors, we must be able to use stop loss and take profit accompanied by a good trading plan and the use of high accuracy management.
#442 - December 04, 2023, 04:13:10 AM

Vernalta

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What you have to do here is that it is important to use stop loss and take profit, assisted with good management and assisted with a clear trading plan, everything will feel beautiful and can be executed on target.
#443 - December 05, 2023, 05:39:21 AM

Dyandra

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Indeed, mistakes in technical analysis are common. However, we don't need to panic as long as we can maintain good management, use the trading system properly, then everything will be comfortable, so you can trade with the right actions.
#444 - December 06, 2023, 05:24:00 AM

Vernalta

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Errors in technical analysis will usually appear when we cannot trade well, therefore it is very important for us to trade using proper management using adequate stop losses and take profits so that we are safe.
#445 - December 09, 2023, 01:52:21 AM

Dyandra

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When that fear haunts you, you should focus on using management using Stoploss and Take Profit when opening a position because that way you will always maintain and control the risks that occur.
#446 - December 12, 2023, 12:04:28 AM

Vernalta

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I am also afraid that sometimes the technical analysis that I use is wrong and in my opinion there are two possibilities for this error, namely that we ourselves cannot use it well or that the market conditions cannot support it, therefore it is important to really  Carefully organize management by using stop loss and take profit properly.
#447 - December 13, 2023, 04:40:12 AM

Dyandra

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Using technical analysis is really important, don't be afraid of making mistakes. The most important thing is to use stop loss and take profit simultaneously so that you are safe
#448 - December 17, 2023, 05:43:23 AM

Vernalta

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If you are afraid that your technical analysis will be wrong then you can apply management, in this case you must be able to use the trading system accurately by implementing a significant stop loss.
#449 - December 19, 2023, 01:53:57 AM

Ikhtiar

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Sometimes what we assume is good technical analysis, but in practice we are still reluctant to be consistent, so that achieving success is hampered, and in my opinion, overcoming technical weaknesses means we have to be consistent.
#450 - December 19, 2023, 02:05:53 AM
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