technical analysis is enough to be successful in trading ????

[Kevin77]

It is never "enough" to be great at trading, there is absolutely nothing that will make sure you are great at trading aside from being super lucky. Even if you are a great trader sometimes you get unlucky and there is not much you can do about it. That is why you should try to focus on making everything about trading your expertise and work on everything not just technical analysis.

Yes, without technically analysis you are going into trading without knowing enough, so if you want to be a good trader you need to know TA very well but just because you need to know TA well doesn't mean you will become good at it, it just prevents you being bad at it. So look at everything as experience you get along the way and when you level up enough times you become a good trader.

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[Ailmand]

Technical analysis will only give you speculation and guidance when making your trading decisions. There are also other factors that will help you on trading, such as what you have mentioned. And to add, experience and being cautious and discipline when trading will help you a lot.

[Jating]

If Technical Analysis is enough then I think everyone should be rich by now. It is just a guide or a tool but you can't really rely on it.

And besides, the ecosystem is fairly young that's why it's really hard to do analysis on it and say for certain that the graph will move in this or that direction.

[armarsterling7]

I am trading from many years using technical analysis but technical analysis only is not enough , I am lacking something in my analysis and not having confidence in taking trades only based on technical analysis, I did ask many traders they say lot of factors like psychology, crowd behaviour , market sentiments , any experienced traders here know some other factors  please mention , and if  of you know  books where I can learn those  please mention book name            thanks

Technical analysis alone is not enough, I think we need to cultivate more knowledge to evaluate a business. Sometimes the chart will not be able to say anything. You know, there are a lot of tokens being traded because bots and charts do not tell the actual situation. so we need to combine both to get a great investment strategy. and Warren Buffett is very good at this.

[The Cryptovator]

Technical analysis is a part of success on trading but it's not enough. You have to combine market trends, project updates, news, etc. Everything need for successful trading. Your analysis always would not be correct. Lot of thing related with trading. To be honest I am not much experience with technical analysis but most of my trade has been become successful. Howeve, you always need patience and I believe you have that. But really we can't expect that our all trade will be successful trade.

[jjjfff]

Trading is a zero-sum game. When you earn 1 Bitcoin it means you took 1 Bitcoin from others.

Therefore if there was one single tool that allowed you to take Bitcoins from others, this tool would work for others as well, taking Bitcoin from you.

As you can see that'd make no sense.

Therefore there isn't any single tool or method to make $ trading. You gotta outsmart competitors all the time to make $ trading and that's why most traders end up broke in the long run.

[Palmaper]

Basing your trading decisions exclusively on technical analysis is one of the worst mistakes that anyone involved in this business can commit. In fact, there are opinions of experts and academics who declare that technical analysis is nothing more than a pseudoscientific superstition that has never been able to demonstrate its usefulness in predicting any potential market movement, and its effectiveness does not go beyond random guessing.

Therefore, focus on monitoring the prevailing market environment, as it seems that you will be more fortunate if you move according to the feelings of the market, because purchases and massive sales always have an emotional trigger.

[mersal]

Technical analysis is the most important thing for investors to get confident with the future but it will not only important for your confidence about your investment that will be lots of things must be known by you then only you can keep up with the hope and knowledge for the future.

[Oilacris]

Technical analysis is a part of success on trading but it's not enough. You have to combine market trends, project updates, news, etc. Everything need for successful trading. Your analysis always would not be correct. Lot of thing related with trading. To be honest I am not much experience with technical analysis but most of my trade has been become successful. Howeve, you always need patience and I believe you have that. But really we can't expect that our all trade will be successful trade.

News is a big part because most crypto do react with these development announcement or whatsoever.It would really be
needed for it to be used together with Technical analysis.Same as yours im not really into charting because mostly i do always
see for news to make my own trading entries or exits.

[omonuyak]

Technical analysis is not enough in trading because it is not possible for a bird to fly with one wing.  You are to combine both technical and fundamentals analysis in other to be able to trade profitabily and seriously reducing risk of your capitals been wiped out because of news.

[conected]

Technical analysis is not enough in trading because it is not possible for a bird to fly with one wing.  You are to combine both technical and fundamentals analysis in other to be able to trade profitabily and seriously reducing risk of your capitals been wiped out because of news.

- Exactly, technical analysis only gives us an overview of the market or a certain object, and with such little information and data, it will not be enough for us to make appropriate decisions or predictions, many traders have confessed that they are very good at technical analysis but success still does not come to them in trading. Because except for technical analysis, we also need to know more about other factors such as market news, trends, and events that will happen next, these are very important factors that can change and reverse our technical analysis, so we need to consider more.

[Supercrypt]

I believe one of the reason why we feel T.A is not enough for us is because of the lack of total trust in it, if we believe in our T.A strategy provided we are really good enough to analyses and not at the same time fighting its prediction off without emotion, then we should not have any issue.

Although T.A may not be completely accurate without mixing it with fundamental analyses, we have to also check the things around us like what is the news is saying, comparisons with other analysis and many more before concluding that what we got out of our technical analyses is the final answer to that particular trade. Once we are able to get these right, then we will no longer have issues with our T.A

[AhmadM]

I am trading from many years using technical analysis but technical analysis only is not enough , I am lacking something in my analysis and not having confidence in taking trades only based on technical analysis, I did ask many traders they say lot of factors like psychology, crowd behaviour , market sentiments , any experienced traders here know some other factors  please mention , and if  of you know  books where I can learn those  please mention book name            thanks

Of course it is not enough, if someone can be successful trader only with technical analysis I think everyone won't loss their funds too much. Technical analysis is important to guide you make a decision but imo you should combine it with fundamental analysis.

[Indrawan77]

Not it's not enough and sometimes different technical analysis will give the different result, you need to observe more detail by searching the news and follow the trend, having a lot of experience will give you better way to handle the problem, in my experience follow trend is better than technical analysis

[Ucy]

Technical analysis don't work for me very much. I use it once in a while but majority of my successful trading are based simply on "Buy Low/Sell High".  Though Technical analysis worked for me in the past, it fails me most times these days.

[Polar91]

Technical analysis isn't enough to be successful in trading. You must also use your guts because it will not be a good trade if you're just basis depends on just one principle. You have to also place yourself in different perspective in order to make your decision making pricise and correct.

[nydiacaskey01]

Its good that you know technical analysis because other traders specially newbies lack technical analysis and they just rely on signals from sources like from telegram groups. If you can learn how to control your emotions plus know technical analysis then you sure are going to make it big in trading, just keep the greed in moderation. Greed sometimes takes over our decision making.

[akram143]

I am trading from many years using technical analysis but technical analysis only is not enough , I am lacking something in my analysis and not having confidence in taking trades only based on technical analysis, I did ask many traders they say lot of factors like psychology, crowd behaviour , market sentiments , any experienced traders here know some other factors  please mention , and if  of you know  books where I can learn those  please mention book name            thanks

in most of the time it will enough for the prediction of future and technical analysis will be the most important equipment for everyone to keep their confident level hire in their expectation and making them will be more important than to be executed properly while investment.

[pushups44]

There is more than one style that can be successful for trading. There are traders who look solely at technical analysis, and those who look solely at fundamental analysis, and most are in between. Generally, fundamental analysis is better with a longer-term perspective, and technical analysis with a shorter one.

[Tytanowy Janusz]

I am trading from many years using technical analysis but technical analysis only is not enough , I am lacking something in my analysis and not having confidence in taking trades only based on technical analysis, I did ask many traders they say lot of factors like psychology, crowd behaviour , market sentiments , any experienced traders here know some other factors  please mention , and if  of you know  books where I can learn those  please mention book name            thanks

Money management and tone of experience. Don't be scared to open trades. Do them as much you can and learn form each. Start with minimal bet (thats ~5$ on binance). What can go wrong? -20%? that's whole 1$. And what you've learned is priceless. Trade as much you can.
For TA trades choose only coins with volume >200 - 500 btc. TA don't work on lower volumes because every small investor willing to exit his 5000$ will destroy chart.