Bitcoin Forum
June 17, 2024, 04:12:36 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: this lines dont work anymore  (Read 370 times)
happy man (OP)
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
July 28, 2019, 09:16:39 AM
 #1

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now
NeuroticFish
Legendary
*
Offline Offline

Activity: 3710
Merit: 6426


Looking for campaign manager? Contact icopress!


View Profile
July 28, 2019, 01:50:39 PM
Merited by mk4 (1), hugeblack (1)
 #2

To keep i simple: if you had success in trading only based on technical analysis, then you were simply lucky. And now that luck has ended.
I hope that your loses are not bigger than the past gains. You should start again with smaller steps (smaller amounts) and gain experience.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
mk4
Legendary
*
Offline Offline

Activity: 2800
Merit: 3851


Paldo.io 🤖


View Profile
July 28, 2019, 04:51:55 PM
 #3

To keep i simple: if you had success in trading only based on technical analysis, then you were simply lucky. And now that luck has ended.
I hope that your loses are not bigger than the past gains. You should start again with smaller steps (smaller amounts) and gain experience.

This. Your lines and triangles probably just worked well a number of times purely by chance. Technical analysis isn't there to help you predict price movements in the first place, and I'm 100% sure that even the pros in the TA community would agree. It's just there to potentially help you make educated trades with a controlled risk:reward ratio.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
Oilacris
Hero Member
*****
Offline Offline

Activity: 3066
Merit: 616


View Profile
July 28, 2019, 05:29:55 PM
 #4

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now
Whose the one told you that technical analysis do work precisely or anytime? Neither technical or fundamentals it wont really give out sureness that ill work.

The first time you do make use of technical analysis which make you profit and believed that it did work but on next time it didn't? Get used to it and this proves out
on how unpredictable this market would be,.
nowlscor18
Member
**
Offline Offline

Activity: 282
Merit: 11

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile
July 28, 2019, 06:31:09 PM
 #5

We have hard days to find a good reasons to pursue what we've started great, since seeing the recent changes badly made us emotionally struggling. Furthermore, as we all knew crypto market unpredictability is an out most reason why the scenario kepts on happening.

exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1521


View Profile
July 28, 2019, 07:17:59 PM
 #6

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now

Without seeing your analysis (past and present), it's impossible to say what the problem is. But if doing TA gives you a headache, then trading probably isn't for you.

To keep i simple: if you had success in trading only based on technical analysis, then you were simply lucky.

I wouldn't say that. I've been trading successfully for the better part of a decade and my method is purely technical. I am not generally a lucky person either.

Most people don't understand that trading requires extreme rigor and diligence. Backtesting extensively, properly taking EV+ opportunities over and over, and grinding it out with proper risk management over the long term with a 30-50% loss rate......this is what makes a successful trader.

Beating the market is not luck, whales, manipulation, or any of the other rationales people use to justify their losses. Most people are simply bad at applying TA and trading and will never have what it takes.

Bunsomjelican
Sr. Member
****
Offline Offline

Activity: 812
Merit: 251



View Profile
July 28, 2019, 10:43:49 PM
 #7

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now

Technical analysis is not a key for us to become successful in trading whether in Forex or crypto.
TA can only give you guidelines or pattern to earn but not precisely it will be happen anyway.
So If I were you, you must base your actual trade for what is the fast moving in the graph and has a great
volume.
peter0425
Sr. Member
****
Offline Offline

Activity: 2688
Merit: 447



View Profile
July 28, 2019, 11:16:47 PM
 #8

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now
Depends on what TA are you applying, but in a sense there is some truth on what you say. TA won't guarantee you in making profits, most of the time the market is really unpredictable and it's really hard to time it as well. If I'm in your shoes try to expound your TA learning and see what's the overall sentiments as well because we all know that crypto is based on speculation, just saying.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
maxreish
Sr. Member
****
Offline Offline

Activity: 1330
Merit: 326


View Profile
July 29, 2019, 02:25:04 AM
 #9

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now

Not all the time, the technical analysis works. Also, you have to learn and use other technical analysis if you think your old indicators seems not to work now. Or maybe you have lose your confidence in trading and forgot all necessary ways on how to read those. Since you had a break from trading, you have to go back from the basics again.
Distinctin
Hero Member
*****
Offline Offline

Activity: 2842
Merit: 650


No dream is too big and no dreamer is too small


View Profile
July 29, 2019, 06:29:11 AM
 #10

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now
That's because you have not mastered the right way to do it.

As a trader, everyday is a learning experience, it doesn't matter if you stop for awhile, you will still experience the same even if you continue as the reality says losing is part of our journey, what we have to do is learn from our loses and continue to improve our strategy.

Maybe you are not too realistic enough, you think you already find the winning formula but you are wrong.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
MonsterV
Legendary
*
Offline Offline

Activity: 2212
Merit: 1008



View Profile
July 29, 2019, 08:08:26 AM
 #11

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now

Technical analysis is not a key for us to become successful in trading whether in Forex or crypto.
TA can only give you guidelines or pattern to earn but not precisely it will be happen anyway.
So If I were you, you must base your actual trade for what is the fast moving in the graph and has a great
volume.

Well, especially trading in the crypto market, it will be very difficult to use technical analysis because the crypto market moves unpredictably especially when the whales arrive. Some traders are indeed wrong perceptions of the line, especially beginner traders, they consider a line that they make can accurately predict.

Whatever line or indicator is, no one has the right prediction. It all only helps us analyze and consider where we should open positions. And sure enough, I have a community where they have been trading for a long time in crypto, every day they share their technical analysis about a few coins but not a little of their analysis fails, so you already know the conclusion.

         ▄▄▄███████▄▄▄
     ▄▀█▀█ █████████████▄▄
   ▄██ █ █▄████████████████▄
  ██ █ ██▀█ █████████████████
 █▀█▄█▄▀█▄██▄█████████████████
██ █ ██ ██ ██▄▀████████████████
███▀█▀██ ███▀███▀██████████████
███▄██ ██▄▀██▄███▄█████████████
 ███▄▀██▀██▄▀██▄▀██▄▀▀████████
  █████▀█▄█▀█▄▀▀██▄▀▀██▄▄▀█▀█
   ▀████▄███▄█▀█▄▄▀▀▀█▄▄█▀█▀
     ▀▀████▄▀██▄▄█▀▀█▄▄▄▀▀
         ▀▀▀██▄▄███▀▀▀
.
......1xBit.com..BENEFIT ..SEASON........
       ▄▄███████████▄▄
    ▄███████████████████▄
  ▄██████████████████████▄
 █████████████████████████
██████████████████████████▌
████████████████████████████▄▄
███████████████████████████████
        █    █▄   █
        ▀▀▄    ▀▀▀█▀▀▀█▀▀▀▀▀▀▀█
           ▀▀▄    ▀▀▄▄█      ▄▀
              ▀▀▄     █▀▀▄▄  █
                 ▀▀▄  █   ▄█▀
                    ▀▀█▄▀▀
.
.
..PLAY NOW..
hugeblack
Legendary
*
Offline Offline

Activity: 2548
Merit: 3769


View Profile WWW
July 29, 2019, 09:01:41 AM
 #12

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now
As one member mentioned technical analysis is one of the factors that may affect the price in the natural situation, therefore, It’s a psychological impact on the nature of the market.
You can’t rely on these analyzes at 100% credibility. If you want to invest, it is one of the factors but does not represent the essence of change.
Try to track news with historical resistances that give you a more accurate view of technical analysis.
ene1980
Hero Member
*****
Offline Offline

Activity: 2002
Merit: 535


View Profile
July 29, 2019, 09:40:10 AM
 #13

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now
Without explaining what kind of technical analysis you were doing when you were making the profits what should i understand from this, you might be making those profits when the market was rising and now the market is on a correction phase you might not be having those profits you once had, the fun part is that you could make any analysis when the market is increasing and you will end up with a profit Tongue.
Thirdspace
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 738


Mixing reinvented for your privacy | chipmixer.com


View Profile
July 29, 2019, 06:59:30 PM
 #14

... and now i see technical analysis is not working for me fully confused ...
using technical analysis is good for looking out certain buy/sell signals
but sometimes you will see false signals, so it is best to use 2 or 3 TA indicators
even so, it doesn't always guarantee 100% accuracy Undecided that's the way trading is

1Referee
Legendary
*
Offline Offline

Activity: 2170
Merit: 1427


View Profile
July 29, 2019, 07:51:26 PM
 #15

To keep i simple: if you had success in trading only based on technical analysis, then you were simply lucky.

I have done quite well trading in the more recent weeks, and that based on technical analysis. I messed up big time in the past by opening positions when the market was either too volatile due to panic selling or fomo buying, or just assumed that certain patterns with a ~70% probability to break out in a certain direction, would actually break out that way.

It's not technical analysis that should be blamed for that, but myself, and so should people claiming that technical analysis is hocus pocus blame themselves.
goinmerry
Legendary
*
Offline Offline

Activity: 2940
Merit: 1083


View Profile
July 29, 2019, 07:54:09 PM
 #16

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now

Technical analysis helps you before, therefore it can help you again.

It depends on you how can you get back on track again.

Go fully back in trading once you are ready to manage both studies and trading.
stadus
Legendary
*
Offline Offline

Activity: 3136
Merit: 1294


Hhampuz for Campaign management


View Profile
July 29, 2019, 10:17:41 PM
 #17

You don't understand the way to be successful in trading, that requires patience and you don't show that now.

It is expected that we have some losing moments in our journey in trading but with patience, we won't give up easily, making it work before is not just by luck, it's because you have knowledge, unfortunately to you, you might have stick to your old strategy when the market has no fix situation, what you need is to evaluate your strategy and adjust accordingly.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
BitHodler
Legendary
*
Offline Offline

Activity: 1526
Merit: 1179


View Profile
July 29, 2019, 10:38:14 PM
 #18

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now
Charts change from hour to hour and some times even from minute to minute-- you shouldn't expect the charts you 'successfully' traded some days ago will help you make profits in an identical manner today.

The thing with people is that they make profit by luck, then assume that their technical analysis was spot on, but when luck runs out they suddenly think technical analysis is no longer working and therefore useless. It doesn't work like that.

This once again shows that most people not only aren't made for trading, but more importantly, don't look at their own mistakes but blame external elements for their own failure.

BSV is not the real Bcash. Bcash is the real Bcash.
Reid
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 647


View Profile
July 29, 2019, 10:53:52 PM
 #19

You're stressed from the exams and all this thought about making money while studying.
Better get some rest or you will just lose more if you will not stop making wrong choices and decisions.

Crypto currencies will just be here, and it will be easier to come up with a plan if you ate relaxed.
You will find it more appealing to read all the pointers here and help if you are in a better state.
guoyu78
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 541



View Profile
July 30, 2019, 06:05:27 PM
 #20

ok I learnt technical analysis and using that I was making profits too, after some days I was busy with my exams and stopped trading for some days and now i see technical analysis is not working for me fully confused , if I start doing analysis I get a headache now
Then you have to look for other alternative strategy, it is not every time that technical Analysis do work, and I don’t think that you are the one with the problem, it is really difficult to get technical analysis  to predict anything at this moment that the market is a volatile one. Using technical alone is even not advisable; you still have to consider other analysis like fundamental analyses.

If you still  not getting it right, then I think that you have to just stay off trade for sometimes, and probably because you have been away from it, you need to stay back a bit and then try to learn more, maybe you have forgotten some few things you know about trading and its strategy. I believe that with time, it will come back to you, and then you can trade well once again.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!