Wrong Using of Trading Analysis(TA)

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Avatar for Khant
Written by
4 years ago

Hello all,

I want to talk about the case of wrong using of Trading Analysis today.

I have come across so many people WHO THINK that traders can predict the market 100% or that learning Trading Analysis is 'To Predict Market Price'.

I hate to break it to you that even the most successful traders Cannot Always Be Correct about price direction.

Yes,some traders try to forecast the price and it will cost his followers if the target he gave did not hit.

There're Paid/VIP groups for the people without trading knowledge to give them targets but still,they have to take their own risks as paid groups also cant be always correct.

SO WHY THE HELL SHOULD WE LEARN TRADING LESSONS ANYWAY?

TRADING LESSONS PREVENT YOU FROM BUYING AT RESISTANCE AND SELLING AT SUPPORT LIKE A DONKEY!

The correct answer is to manage the risk of a Trading Setup.

When you have trading knowledge even if basic, you can mark the support and resistance of the chart you re going to trade.

The purpose is simple.

You buy at support and you sell at resistance.Price will only continue to grow after breaking the resistance so you can buy back above resistance if you like to continue trading it although there are million of coins in the market.

That's why Trading Analysis is more to the Risk management than Market Price forecast.

Tip- IF you rely mainly on one or two tool to make ur trading setup,you will still get ripped apart because you have to take every indicators into consideration as it will give you more scenarios of the price direction.

That's all and thanks for reading.

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Avatar for Khant
Written by
4 years ago

Comments

Good Thinking. Carry on. we want more post like this.

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User's avatar topu.s71
4 years ago

nice article

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User's avatar Nisha
4 years ago

I hate to break it to you that even the most successful traders Cannot Always Be Correct about price direction.

Yah the article was right. If there's a way that price can predict 100% we all be become rich in trading. But nah. Its always the Irony. I always lost in trading especially the todays market price was so annoying.🤤🤤😶😑😐

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User's avatar faruk420
4 years ago

This is lovely i want to ask if you are also a Copytrader?

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User's avatar Jesus
4 years ago

Nice post... Pase thakle pase paben..

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User's avatar Mdsaruarhoaaen
4 years ago

Wow it's very good writing keep it up

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User's avatar Labu3
4 years ago

Tremendous writing

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User's avatar humayun95928
4 years ago

yea the article is right. correct article very nice and interesting.

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User's avatar armyshuvro
4 years ago

please support me i want to make money for my study 😥

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User's avatar Rose_saba_1999
4 years ago

The article was correct. On the off chance that a way cost can foresee 100% we as a whole be gotten wealthy in exchanging. Yet, nah. Its consistently the Incongruity. I generally lost in exchanging particularly the todays market cost was so irritating. Also, what I implied is that even the determined, or featured, or put into diagrams TAs are in all probability wrong in higher instability times. On the off chance that it was that basic everybody would be rich... So exchanging and contributing Consistently have hazards.

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User's avatar Santa_Maria
4 years ago

Keep it up buddy

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User's avatar GoodKid123
4 years ago

Yah the article was right. If there's a way that price can predict 100% we all be become rich in trading. But nah. Its always the Irony. I always lost in trading especially the todays market price was so annoying.Verry nice and interesting.beautiful article.

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User's avatar armyshuvro
4 years ago

I hate to break it to you that even the most successful traders Cannot Always Be Correct about price direction.

Yah the article was right. If there's a way that price can predict 100% we all be become rich in trading. But nah. Its always the Irony. I always lost in trading especially the todays market price was so annoying.

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User's avatar MisterWrite
4 years ago

right,some ppl think it is really easy to profit even after learning the basics. They wont make profit consistently until they master their trading psychology or plan the trade and trade the plan.

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User's avatar Khant
4 years ago

Yes sir. Mastering ain't that simple. You'll experience too many loses first. The saddest part of trading. :(

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User's avatar MisterWrite
4 years ago

Verry nice and interesting

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User's avatar Bhaiya
4 years ago

GOOD MY FRENDLY

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User's avatar FOREAXSEGMA14
4 years ago

Verry nice and interesting

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User's avatar Dagohoy
4 years ago

Every traders has stop loss and tp.Don't say that TA is wrong to use. There is no trader who have't stoploss

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User's avatar heingyi
4 years ago

trader

read the title again,TA is not wrong to use but TA is being used wrongly

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User's avatar Khant
4 years ago

Good and very informative topic on which u write . I also want to start trading o n IQ option your article give good information about trading good job keep it up

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User's avatar Aroo
4 years ago

I am not a student of commerce background, but learn a many thing from your post.

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User's avatar Almamun02
4 years ago

Very informative

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User's avatar Jordan46
4 years ago

Very interesting and informative article

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User's avatar Hiss99
4 years ago

Verry good article, keep sharing article like this. Thank you

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User's avatar Jisan
4 years ago

Nice article,it can help more to us

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User's avatar Shengsky
4 years ago

I think I know where you got the idea for this article... :P

And what I meant is that even the calculated, or highlighted, or put into charts TAs are most likely wrong in higher volatility times. If it was that simple everyone would be rich... So trading and investing ALWAYS have risks.

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User's avatar Yann.Poire
4 years ago

I agree with ur final part of Risk because I also described it in this post But for TA to be wrong in higher volatile time,TA's main purpose is not to predict the price movement.For Crypto market,experience matters in those volatile times . It's to manage risk as the post described

It looked simple but it is not that simple because of human emotions while trading,that's another part for Trading Mindset.

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User's avatar Khant
4 years ago

I will put it as simple as I can. Assessing FUTURE risks by looking at resistance lever let say. Is trying to asses the FUTURE based on the past. Assessing risks is looking at something that didn't happen and projecting it into the future. So it is basically trying to PREDICT future movement.

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User's avatar Yann.Poire
4 years ago

well pretty much everything after present is future if you put it that way but still TA is not to predict the price but to manage the risk based on the direction/stops/demands/supplies

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User's avatar Khant
4 years ago

Please subscribe me

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User's avatar Shila
4 years ago

Wow nice dear

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User's avatar Shila
4 years ago

Well dear can you please tell me about presearch and brave browser please I will wait for your response

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User's avatar Khalidrajpoot
4 years ago

Presearch is a search engine,everytime you make search you get PRE coins (listed on Kucoin) Brave Browser rewards you with BAT for watching Ads

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User's avatar Khant
4 years ago

You said absolutely favorable things, not like yesterday and I am very happy to read your friend right away, thank you very much for sharing with us

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User's avatar Sanakhan5965
4 years ago

what post from yesterday did u unfavour tho ,and thanks

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User's avatar Khant
4 years ago

nice article , keep it up

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User's avatar sabbbir1010
4 years ago
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