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How to overcome the weaknesses of technical analysis

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Ikhtiar

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We may throw away fundamentals to overcome technical weaknesses, but the most well-known and tested thing to date is only technical analysis and I see that most traders use technical analysis.
#541 - February 24, 2024, 02:00:37 PM

Vernalta

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The use of technical analysis is one of the important things that you must use well. You must be able to exploit technical analysis errors by using adequate stop loss and take profit.
#542 - February 27, 2024, 02:21:31 AM

Dyandra

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When we use technical analysis it will make us feel comfortable but when we are afraid of making a mistake we can use Stoploss and take profit to prevent this using good management
#543 - February 29, 2024, 12:55:41 AM

Vernalta

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For me, technical analysis mistakes are indeed something that is normal because there are times when techniques don't work, so we have to be able to learn to manage our own management so that undesirable things don't happen.
#544 - March 02, 2024, 03:41:24 AM

Ikhtiar

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If technical analysis was perfect then of course no one would want to use fundamentals, but technical and fundamental certainly both have weaknesses, and by combining the two I think we can cover each other at least when the market moves anomalously.
#545 - March 02, 2024, 09:43:11 PM

Vernalta

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Techniques are definitely sometimes wrong. But what is certain is that if you always use stop loss and take profit when you open a position, I don't think your money will just disappear.
#546 - March 04, 2024, 05:14:52 AM

Ikhtiar

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First you have to know where you often lose when using technical analysis, then you note the time, if in the American session you often lose using technical analysis then maybe you can try it in the European session or you can also scalp it in the Asian session
#547 - March 04, 2024, 11:59:37 PM

Dyandra

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if you always make mistakes, in my opinion the most important thing here is to trade according to management, set good risks, determine optimal trading methods
#548 - March 06, 2024, 01:16:13 AM

Ikhtiar

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If you want to overcome technical weaknesses then try these tips, namely you have to forget for a moment about profit and focus on trading, but another thing for you to actually do it is that you have to really focus on the technique you use.
#549 - March 06, 2024, 10:04:57 PM

Vernalta

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We will definitely get technical analysis errors, but the important thing here is that as long as we can maintain good management, always carry out technical planning and use stop loss take profit well then everything will be safe.
#550 - March 08, 2024, 01:14:03 AM

Ikhtiar

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Currently, technical analysis is frequently undergoing changes and there are many developments in the era where changes will always take place and everyone is required to adapt to major changes, therefore, to adapt to this, perhaps we also need to learn fundamental analysis.
#551 - March 10, 2024, 06:38:05 AM

Vernalta

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Using technical analysis errors will definitely make you unable to focus properly. Technical analysis errors will make you unable to do your work thoroughly.
#552 - March 13, 2024, 06:42:50 AM

Dyandra

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there is no problem with technical analysis, the important thing is to focus on running the codes well using the right management using the best stop loss and take profit for you
#553 - March 14, 2024, 06:13:23 AM

Vernalta

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In my opinion, you don't need to worry about that problem. The key is to use good management, use good techniques, use good stop losses and take profits.
#554 - March 15, 2024, 07:37:31 AM

Ikhtiar

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Indeed, we need to know how to overcome technical weaknesses because forex trading is a type of investment that is very risky, and we have to know the weaknesses of the trading system we use.
#555 - March 16, 2024, 12:38:05 AM
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