Forex Zone - Forex Forum

How to overcome the weakness of technical analysis in General Forex Discussion_6825f0acc9f09

How to overcome the weakness of technical analysis

Discussion started on General Forex Discussion

VIP
  • Hero Member
  • Posts: 20424
  • Points: 2286
  • Likes Received: 510
  • Reputation: +4/-0
I still remember how I was able to make dollars from forex, when I tried to combine technical and fundamental, because we also need fundamentals.
#496 - March 17, 2024, 05:26:55 AM

  • Hero Member
  • Posts: 19260
  • Points: 74
  • Likes Received: 4
  • Reputation: +0/-0
we will definitely find something like that but we have to be calm so we can make a profit and we have to be able to focus on trading according to what we want
#497 - March 19, 2024, 03:02:31 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
This is all something normal, don't worry, the point is to focus on carrying out trades with management using the right safeguards.
#498 - March 20, 2024, 03:17:06 AM

Sponsored

How to overcome the weakness of technical analysis in General Forex Discussion_6803a6c52eb12
#499 - Today at 07:22:18 PM

  • Hero Member
  • Posts: 598
  • Points: 114
  • Likes Received: 3
  • Reputation: +2/-0
use a good strategy, use good management, always use adequate stop loss and take profit and don't be greedy in making profits
#499 - March 21, 2024, 03:13:36 AM

  • Hero Member
  • Posts: 19260
  • Points: 74
  • Likes Received: 4
  • Reputation: +0/-0
When you use technical analysis and you feel it is a mistake, you should maintain good management and maintain your strategy well
#500 - March 22, 2024, 03:28:15 AM

  • Hero Member
  • Posts: 20250
  • Points: 77
  • Likes Received: 10
  • Reputation: +0/-0
If you have difficulty carrying out analysis and are afraid of your indicators, then you should use indicators that are based on good techniques and you must be able to use your understanding of management well.
#501 - March 23, 2024, 03:14:28 AM

  • Hero Member
  • Posts: 19260
  • Points: 74
  • Likes Received: 4
  • Reputation: +0/-0
Hopefully these fears and mistakes can be corrected. What is important here is that you can focus on running profits well, focus on carrying out activities easily with management.
#502 - March 25, 2024, 04:09:29 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
the most important thing is to use the most correct management and use trading methods carefully because it will make you do something very right
#503 - March 27, 2024, 02:59:30 AM

  • Hero Member
  • Posts: 19260
  • Points: 74
  • Likes Received: 4
  • Reputation: +0/-0
Opening a lot of positions is something wrong that you should not do as a trader because when you use management you will be safe
#504 - March 28, 2024, 04:42:35 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
You must have experienced mistakes using analysis and in my opinion the most important thing here is to use management using good and correct Stoploss
#505 - March 30, 2024, 02:20:37 AM

Sponsored

#506 - Today at 07:22:18 PM

  • Hero Member
  • Posts: 598
  • Points: 114
  • Likes Received: 3
  • Reputation: +2/-0
If you make a mistake, it's better for you to focus on evaluating. You can do all that by using management by using strategy by using clear targets
#506 - April 01, 2024, 02:47:45 AM

  • Hero Member
  • Posts: 525
  • Points: 27
  • Likes Received: 3
  • Reputation: +1/-0
technical analysis mistakes or when you do something you are afraid, the important thing is that you use management, the important thing is that you use strategy, all of these can be useful
#507 - April 02, 2024, 03:45:05 AM

VIP
  • Hero Member
  • Posts: 20424
  • Points: 2286
  • Likes Received: 510
  • Reputation: +4/-0
Indeed, technical analysis has weaknesses and this can happen when the market price moves against the position taken, but in my opinion if you use a stop loss then you will be able to overcome this weakness.
#508 - April 02, 2024, 03:49:03 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
using technical analysis is important. If you want to avoid mistakes in technical analysis, use good management, use a good strategy, use strict risk management.
#509 - April 03, 2024, 03:21:05 AM

VIP
  • Hero Member
  • Posts: 20424
  • Points: 2286
  • Likes Received: 510
  • Reputation: +4/-0
Usually traders who use technical analysis can only estimate how far the price will move, then they use Stop Loss to reduce risk, these are some of the methods used by traders who use technical analysis.
#510 - April 03, 2024, 04:02:38 AM

Members:

0 Members and 1 Guest are viewing this topic.