Forex Zone - Forex Forum

How to overcome the weaknesses of technical analysis

Discussion started on Forex Education

  • Hero Member
  • Posts: 3953
  • Points: 2959
  • Likes Received: 809
  • Reputation: +35/-32
actually in this case we should be able to multiply the analysis using a demo account
If you want to test a clear indicator we must use a demo account, this is a step that we must do
#196 - September 11, 2022, 02:23:12 AM

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
If you want to test a clear indicator we must use a demo account, this is a step that we must do
The advantage of us to test in a demo account, so we will not lose money on the loss we get
#197 - September 11, 2022, 02:23:50 AM

  • Hero Member
  • Posts: 3573
  • Points: 1003
  • Likes Received: 346
  • Reputation: +9/-4
using technical analysis is indeed important but if you are afraid of being wrong you can use tools
#198 - September 11, 2022, 03:10:06 AM

  • Hero Member
  • Posts: 4506
  • Points: 1946
  • Likes Received: 389
  • Reputation: +10/-5
use clear technical analysis or fundamental analysis so you can know what to do when it goes wrong
#199 - September 14, 2022, 02:28:05 AM

  • Hero Member
  • Posts: 516
  • Points: 41
  • Likes Received: 6
  • Reputation: +1/-0
Minimizing risk can be from the use of stop losses and good management where the essence of all finance is to reduce risk
#200 - September 21, 2022, 02:27:53 AM

  • Hero Member
  • Posts: 836
  • Points: 1351
  • Likes Received: 2
  • Reputation: +0/-0
you have everything you can trade in the right way
#201 - November 10, 2022, 07:24:22 AM

  • Full Member
  • Posts: 175
  • Points: 675
  • Likes Received: 0
  • Reputation: +0/-0
One way is to always fix it
#202 - November 15, 2022, 07:07:19 AM

  • Full Member
  • Posts: 160
  • Points: 660
  • Likes Received: 0
  • Reputation: +0/-0
We must be able to understand the strengths and weaknesses of our system
#203 - November 17, 2022, 07:23:13 AM

  • Hero Member
  • Posts: 677
  • Points: 202
  • Likes Received: 29
  • Reputation: +2/-0
use a risk below 3 percent and good stop loss and take profit settings
#204 - November 23, 2022, 05:27:16 AM

  • Hero Member
  • Posts: 502
  • Points: 17
  • Likes Received: 3
  • Reputation: +0/-0
financial management results are beneficial
#205 - November 26, 2022, 04:06:54 AM

  • Full Member
  • Posts: 101
  • Points: 601
  • Likes Received: 0
  • Reputation: +0/-0
Technical analysis, in addition to being able to use technical indicators, can also use candles and patterns, so we must choose which one is suitable and find weaknesses of the technical indicators and minimize them.
#206 - December 09, 2022, 04:05:03 AM

  • Jr. Member
  • Posts: 81
  • Points: 581
  • Likes Received: 0
  • Reputation: +0/-0
Technical analysis does have weaknesses but many traders do not realize it, when he does the analysis and uses technical indicators, of course, often assume the analysis is maximum and accurate.
#207 - December 11, 2022, 03:43:17 AM

  • Hero Member
  • Posts: 31151
  • Points: 608
  • Likes Received: 45
  • Reputation: +51/-45
the use of risk stop loss and take profit must be clear here so that it is easy to achieve
#208 - December 15, 2022, 08:26:24 PM

  • Hero Member
  • Posts: 67234
  • Points: 624
  • Likes Received: 99
  • Reputation: +18/-46
make your trading risk first if you have just applied it in trading
#209 - December 20, 2022, 06:02:41 AM

  • Hero Member
  • Posts: 31151
  • Points: 608
  • Likes Received: 45
  • Reputation: +51/-45
many people who don't understand MM should know that
#210 - December 24, 2022, 02:19:57 AM

Members:

0 Members and 1 Guest are viewing this topic.