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

[Pattart]

Technical analysis is not enough for successful trading. It has to be a combination of fundamental, the crowd and community as you have rightly pointed out.

Whether we realized or not, fundamental things will usually contribute to the traders decision. And yes, technical analysis will be good if we combine it with fundamental analysis because to my knowledge, fundamentals will usually cause fluctuations with a good range.

if not from technical analysis, how do you determine and predict future prices? with luck? of course you will end up with a loss. Technical analysis is important, either research from the news of the coin or the strategy of reading at candle chart

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[neonshium]

Not just technical analysis trading is not enough to be successful. To succeed in trading, only analyzing the technical aspects can not be successful and analyzed all the details. Trading is not easy at all. It is very complicated, so it is impossible to succeed in considering one aspect of trading. With technical analysis, all other aspects are analyzed and the most important is patience.

The fact that crypto market is affected by so many factors makes it clear that technical analysis alone cannot help you preclude the market. And if you are not able to preclude the cryptocurrency market to great precision, you would not be able to be successful in trading just by focusing on TA or FA. You need to incorporate some more things as well. Market knowledge and speculations matter.

[danipay]

There are lots of references on the internet that say that the key to success in trading crypto currencies is a strategy and a little luck. Most newcomers try to avoid losses by looking for accurate strategies, then try to use them to achieve their goals. However, the more they insist on implementing it, the more confused they are to claim various accurate strategies both free and paid.

[ajqjjj]

There are lots of references on the internet that say that the key to success in trading crypto currencies is a strategy and a little luck. Most newcomers try to avoid losses by looking for accurate strategies, then try to use them to achieve their goals. However, the more they insist on implementing it, the more confused they are to claim various accurate strategies both free and paid.

Trading is little hard to predict because it was following the gambling. So those are having experience they pick right format and right way. I think current market we can choose easily because most of the peoples are earning on crypto trading. At the same it was little dump and pump so accurate strategies are never workout.

[creeps]

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 is useless if you have a negative attitude on trading, improve also your attitude and your decision making in trading. Yes, TA works but its not enough to become a successful trader, there must be a missing recipe if you are not feeling well in trading. Don’t think about how to be good, TA doesn’t make a good trader but if you focus to learn then you can succeed.

[EdenHazard]

There are lots of references on the internet that say that the key to success in trading crypto currencies is a strategy and a little luck. Most newcomers try to avoid losses by looking for accurate strategies, then try to use them to achieve their goals. However, the more they insist on implementing it, the more confused they are to claim various accurate strategies both free and paid.

Trading is little hard to predict because it was following the gambling. So those are having experience they pick right format and right way. I think current market we can choose easily because most of the peoples are earning on crypto trading. At the same it was little dump and pump so accurate strategies are never workout.

I don't like it when someone equates trading with gambling, because it's really different. The lucky factor is far trading even that doesn't exist, it all depends on a person's understanding of predicting or depending on the experience he often does when he sees a candle pattern. I believe there have been many people/traders who have understood which candles are based on an information, technical analyst or a pattern caused by manipulation. So when they find a candle pattern such these things they will use a strategy based on that price movement.

[Seeker#9]

Different indicators hastheir own uses and if they properly used, you have high chance of winning your trade. Rsi, macd, volumes,candlesticks,different MAs and other important indicators might be effective if it is used with price axtion and fundamental analysis. You should read the market first, get enough information on the coins you want to trade and plan your strategy before you start trading.

[emmybd]

Technical analysis helps, but it is not enough to be successful in trading, as there are many other factors, experience, and timing are also very important.

[geegaw]

Technical analysis helps, but it is not enough to be successful in trading, as there are many other factors, experience, and timing are also very important.

Yes, technical analysis will probably help some part of trading process but completely based on technical analysis to achieve success in trading, it still has too many unreasonable points because technical analysis is just expectations, use fluctuations from the chart in a short time to bring predictions, the nature of gambling is still too much. To make things more reasonable, we also need other factors, trends and times, accompanying those will be our information and experience with the market, which will increase success, just relying on technical analysis is too subjective

[timmydakolo2]

In my own opinion yet technical analysis is good for a successful trading because without it I don't think one can enter the market with blind eyes. Technical analysis has really helped me alot in trading. Which I will recommend newbies to get involved and understand it better before entering the market.

[leowonderful]

A good understanding of TA and being good at using TA will greatly help out if you're actively trading, but as others here have said already, that's not the only thing that makes you a good trader and luck does play a part in whether or not you get profits or a loss. News can also greatly influence things in crypto, though the effect varies based on what news is being reported.

You should also have a good risk management strategy while trading. You might have 80% successful trades, but if you don't have good risk management the 20% can take you out in a short amount of time. Don't be greedy.

[Finestream]

A good understanding of TA and being good at using TA will greatly help out if you're actively trading, but as others here have said already, that's not the only thing that makes you a good trader and luck does play a part in whether or not you get profits or a loss. News can also greatly influence things in crypto, though the effect varies based on what news is being reported.

You should also have a good risk management strategy while trading. You might have 80% successful trades, but if you don't have good risk management the 20% can take you out in a short amount of time. Don't be greedy.

Right.Being greedy when trading could really make you less profitable and might even cause you big losses at the end of the day.Learned not to involve your emotions in trading.For me,having good technical analysis in trading is not enough to make you succeed,atleast you also have your own special skills and strategies in trading,and being patient too when trading could help you a lot.

[shinratensei_]

In my own opinion yet technical analysis is good for a successful trading because without it I don't think one can enter the market with blind eyes. Technical analysis has really helped me alot in trading. Which I will recommend newbies to get involved and understand it better before entering the market.

Ok i understand about what are you talking about but where will you put fundamental analysis? That becomes a part of the technical analysis because the market will not move without getting support on its fundamental(Long term). TA only used when someone wanna do a short term trade and we know that even FA will work for long term trade but we must remember fundamental from any platform is really important.

[GreatArkansas]

Technical Analysis is useless if you have a negative attitude on trading, improve also your attitude and your decision making in trading. Yes, TA works but its not enough to become a successful trader, there must be a missing recipe if you are not feeling well in trading. Don’t think about how to be good, TA doesn’t make a good trader but if you focus to learn then you can succeed.

Negative attitude on trading? I think that is not about technical analysis nor fundamental analysis. That negative attitude is about ourselves, nothing to do about the technical and fundamental analysis.

I know a lot of people who are successful in trading because of only technical analysis, they only based on the chart. As far as I know, there are some traders in crypto which don't care about the use of crypto they are trading because they trader because on what they see on the chart and they are still making huge money.

[RDNX]

In my view, being successful in the cryptocurrency market requires a broad understanding of the fundamentals as well as technical analysis. Babypips.com is a great site to learn technical analysis, and there are plenty of Youtube videos covering the basics. Getting a mastery of technical analysis requires lots of study and practice with the markets.

Yeah, I learn a lot Technical Analysis from Babypips.com
I also learn some good technical analysis from Investopedia site.

[RDNX]

Technical analysis is not enough for successful trading. It has to be a combination of fundamental, the crowd and community as you have rightly pointed out.

Whether we realized or not, fundamental things will usually contribute to the traders decision. And yes, technical analysis will be good if we combine it with fundamental analysis because to my knowledge, fundamentals will usually cause fluctuations with a good range.

Yes, this is so true. I see that crypto price usually changes because of the news.
So, it's important for us to always pay attention to daily crypto news.

[Al-e_x]

Technical analysis is indeed very important to see market movements in trading, but mastering technical analysis is not enough, because there are several market movements caused by fundamental news, and you also have to understand that

[Hughes_Ryan]

Technical analysis is more useful in forex trading. In crypto trading only technical analysis wouldn't do, you have to gain practical experience only then you can be successful.

With my understanding in transactions, the process of technical analysis has a great meaning to the process of forming profits, minimizing risks.  however, it is unlikely to bring absolute success for profit.  it also assembles other factors.  Sometimes is a bit of luck.

[ethereumhunter]

As long as you can learn technical analysis from a good source and you can master the analysis, I think that will enough for you to make a profit from trading. But we will have a chance to improve our skills if we can learn many things related to trading so our chance to make a profit will bigger and besides that, we will know what we need to do related to the market situations.

[BitTraderCute]

As long as you can learn technical analysis from a good source and you can master the analysis, I think that will enough for you to make a profit from trading. But we will have a chance to improve our skills if we can learn many things related to trading so our chance to make a profit will bigger and besides that, we will know what we need to do related to the market situations.

analisys in crypto trading not only technical analisys, fundamental analisys needed to so we will understand the reason why we bought this coins/token in market.combining both of these analisys will make our trading result better than before.