Your entire analysis shouldn't be technical, that should only be one part of it and only works if no news or updates come out and everything stays the same. Buy super low like the prices we had last march and hodl for years to come, if you missed the march dip you better find a coin that didnt recover much since then as that's your only hope.
Truth is there is no way to accurately analyze the markets because all it takes is one human with free will to do or say something to change the way the market behaves and that throws your TA off completely.
TA fags will NEVER learn that they're playing with fire. You can make 100 successful trades in a row with TA and one wrong trade and all your gains are gone from the last 100 good trades
Lesson to be learned out of all this if you still use TA and day trade? There is no other way to beat this market unless you go 100x leverage and get lucky.
It can work but you have to have 100k + worth of hardware doing machine learning every day, improving from the plays of actual successful day traders, then improving upon learning from itself.
Joshua Rogers
Won't pls be me manager Spongebob?
Jason Price
>it can work
it only works if nothing changes and the big manipulators/shorters aren't manipulating and shorting that day. It only works in a normal market with no news. Any bit of news can throw it off. You can't include news in your analysis because you don't know if the news is good or bad...
Wyatt Wood
You can quantify the news in numbers, or triggers for different analysis approaches.
Or you could trade every 30 - 15 minutes and use that type to write a new algorithm to reflect the nature of news, you'll need a lot of meth.
Carter Perez
It's not worth it. Your results are never 100% and therefore the one time you mess up it could be big and ruin all your previous gains.
Adam Reyes
Then what hardware assisted approach is worth investing whole days into in this crypto market judging from your experience?
Caleb Young
HODL.
>shorting a market that at any month could be flooded with trillions
Ta is not meant to be used in a vacuum, not is it meant to predict the future, nor to guarantee successful trades.
Experienced traders know this.
Anthony Evans
have you ever heard about a stop loss? if you use a sensible approach, then you gain something like 5-10% per winning trade and lose 1% per losing trade. Do this long enough and you'll have a nice profit even if you are wrong more then half the time. Of course, 1% risk means that you'll certainly have big draw downs once in a while, but that's just the nature of the game.
Daniel Fisher
This. OP is unsurprisingly a faggot.
Xavier Cook
If you try to do this in crypto, the stop loss triggers from volatility 19 times out of 20, so you still lose in the end.
Chase Evans
>set stop loss >get stop hunted
Landon Cruz
>experienced traders know this no they don't because 99% of them believe TA is god
Easton Adams
Nice try fag, so easy to make gains isn't it ? Especially when you have the secret strategy in your head.
>enter trade >set stop loss >it hits and sells >instantly starts mooning Happens all the time in crypto
So you are selling at a loss many times, then hop on one food trade. You have now broke even
I use them once in a while but my best tactic is swing trading with a bit of hodl thrown in there. Never sell my stack all at once (at least I try to) , buy small amounts during the crash
Guess who rode the icx mega moon last night? God I love being a non retarded trader
Zachary Johnson
TA is about giving you better odds. If you could do coinflips with 60% odds would you do it? There is a reason some traders consistently make gains while others give their money away. You can't consistently make millions with pure luck. Same with poker. It is a game of probablities and the best players will beat others over time. Not every game but winning over time is the name of the game. Also trading based on news puts you miles behind the actual action.
Charles Wilson
I find basic TA is the most useful, all that advance extra stuff is shit
Also you can be a trader but not use that much TA instead have good intuition and be able to read market sentiment. As well a s patience
When coin is mooning and you see it start to sell. Most think it's the top, they sell it drops a little bit then climbs way higher
If your patient you'll wait for the sell off and trust that if its volatile it'll go back higher. Risky but usually works
Ryder Jones
This might be a difficult concept for you to understand, but not everyones goes all in every timenor does everyone have 100% exposure to the market at all times.
Joshua Garcia
you fucking faggots are retarded. op is talking about losing all gains. I'm saying that you can prevent that by using stop losses for the worst case scenario. if you set them so tight that a wick takes them out, then you deserve to lose. in almost all cases you should get out of your position manually. it's not my fault that you faggots are literally brain dead. my strategy is also not secret. money management is the most important part. besides that buy resistance, sell support and use basic charting patterns.
Christopher Nguyen
>lose all your gains in one trade This is what retards dont get either about TA, you don't go all in, you manage risk fucking brainlet
Aiden King
You are fucking clueless, kid.
William Brooks
>6% is a mega moon What has this bear market done to us?
Jason Carter
here
meant to quote and not , but both statements are retarded.
Grayson Wright
classic boomer cope
Grayson Jackson
>you can make 100 successful trades in a row with TA and one wrong trade and all your gains are gone
Do you actually believe this? You never trade with your entire stack.
Logan Bennett
>TA predicted this
Elijah Watson
I think the 100% thing OP is talking about is something else, like trading not allowing yourself to be 100% invested when you should because you can't time the market yada yada but like I'm done arguing with people.
Camden Wright
If one bad trade wipes out 100 good trades you might be a brainlet that hasn't heard of risk management
