Question -

is technical analysis enough?

12 Views
Bobby Johnson
Answered 3 years, 4 months ago
<p>Technical Analysis is commonly and widely used by Equity traders, Forex traders, Commodity traders around the globe to predict the market for short term as well as long term. Technical Analysis has led to an increase in profits of traders and investors and this has become the reason that more and more people are now learning the skills of technical Analysis to earn maximum profits from the market.</p>
10 Views
Albert Buchholtz
Answered 3 years, 3 months ago
<p>There is no 100% guarantee that technical analysis will lead you to profits. It depends on individual investors and traders to analyze and determine that if it is right for them or not. People who practice technical analysis and constantly learn from it can generate profits from it. It all depends on individual risk appetite, knowledge, and understanding of concepts of technical analysis.</p>
7 Views
Harvey Brown
Answered 3 years, 3 months ago
<p>Ultimately, it is up to each trader to explore technical analysis and determine if it is right for them. It doesn't guarantee instant profits or 100% accuracy, but for those who diligently practice the concepts, it does provide a realistic possibility of trading success.</p>
6 Views
Dustin Smith
Answered 3 years ago
<p>Although technical analysis has its benefits, it isn't reliable enough to be the only method used to succeed in the trading world. Contrary to chart technical analysis and trends, the fundamental analysis examines real-life events not seen on charts. In addition to economic data, monetary policies, management quality, and annual reports, these factors can be discussed. Fundamental analysis focuses on the relationship between macroeconomics and microeconomics rather than price development or general market dynamics. Combining this method of analysis with technical analysis will aid in making long-term investment decisions.</p>
5 Views
Charles Farley
Answered 2 years, 11 months ago
<p id="isPasted">The study of technical analysis involves the study of historical market data, including price and volume. Chart patterns and technical (statistical) indicators are the two most common forms of technical analysis. To make a profit, traders use technical analysis to predict future price movements.</p><p>Investing in stocks requires a thorough understanding of the technical analysis of stock charts. In technical analysis, price movements are predicted based on past price movements within stock charts. Investors use technical analysis to make financial decisions about buying, holding, and selling stocks.&nbsp;</p><p>Despite not making accurate predictions, technical analysis helps investors anticipate the future. To …</p>
4 Views