Forex Zone - Forex Forum

Many Techniques Are Used, Are Suitable In All Pairs?

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 62283
  • Points: 617
  • Likes Received: 57
  • Reputation: +53/-46
using many techniques doesn't solve the problem, it actually makes it difficult for you to open positions with good signals. In my opinion, it's best to use just one technique but use it consistently later.
#736 - January 19, 2024, 03:33:30 AM

  • Hero Member
  • Posts: 15541
  • Points: 417
  • Likes Received: 31
  • Reputation: +2/-0
Eliminate midset trading by using many techniques. If our thoughts are still like that then we will lust after profits and we will forget to learn and focus on just one technique, because we will be too greedy if we use many techniques.
#737 - January 19, 2024, 05:19:33 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
For this problem, you should be able to solve it yourself. You are more comfortable using many techniques or using one technique using many indicators or using one indicator, all of which require experience and research.  What do you need and use according to your convenience
#738 - January 20, 2024, 03:42:57 AM

  • Hero Member
  • Posts: 15541
  • Points: 417
  • Likes Received: 31
  • Reputation: +2/-0
All currency pairs have the same technique for recognizing them where we use general things such as support and resistance, so in my opinion you don't need to use many techniques to recognize all currencies.
#739 - January 20, 2024, 09:18:42 PM

  • Hero Member
  • Posts: 62283
  • Points: 617
  • Likes Received: 57
  • Reputation: +53/-46
Using many techniques does not guarantee success, but here I see that by using many techniques you might be able to understand better how to carry out analysis.
#740 - January 22, 2024, 02:11:08 AM

  • Hero Member
  • Posts: 15541
  • Points: 417
  • Likes Received: 31
  • Reputation: +2/-0
When we use a lot of techniques, greed comes out because, if I don't have this way of working forex, I would say it's super super tiring when we use a lot of techniques.
#741 - January 22, 2024, 02:38:35 AM

  • Hero Member
  • Posts: 62283
  • Points: 617
  • Likes Received: 57
  • Reputation: +53/-46
Many techniques will actually make you confused. Many techniques will make you unable to focus. In my opinion, use one technique, but you can use it all the time. You can use it consistently.
#742 - January 24, 2024, 12:17:38 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
Using many techniques will make you more comfortable trading. When you use many techniques, it doesn't matter as long as you are smart and use them well.
#743 - January 25, 2024, 03:37:48 AM

  • Hero Member
  • Posts: 62283
  • Points: 617
  • Likes Received: 57
  • Reputation: +53/-46
The many techniques used are indeed one of the important things where when you use many techniques the chances of success will be higher but in other conditions using many techniques also makes you confused so in my opinion that suits your needs
#744 - January 28, 2024, 12:26:43 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
In fact, when you use a lot of techniques it will make you unable to trade correctly, unable to focus, unable to produce good trading results and you have to be able to control this so you don't make mistakes.
#745 - January 31, 2024, 12:17:23 AM

  • Hero Member
  • Posts: 62283
  • Points: 617
  • Likes Received: 57
  • Reputation: +53/-46
if you use a lot of techniques there is no problem as long as you are able to use them well as long as you can treat the techniques appropriately then everything becomes more comfortable
#746 - February 01, 2024, 06:58:02 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
If you use a lot of techniques I don't think it's a big problem.  This will indeed give you many choices but you have to remember to use many techniques you have to memorize with each other
#747 - February 06, 2024, 02:27:23 AM

  • Hero Member
  • Posts: 15541
  • Points: 417
  • Likes Received: 31
  • Reputation: +2/-0
In my opinion, there is no need to use many techniques because in my opinion the trading strategy itself is a systematic methodology that traders use and is in accordance with what they have trained.
#748 - February 06, 2024, 06:34:55 AM

  • Hero Member
  • Posts: 62283
  • Points: 617
  • Likes Received: 57
  • Reputation: +53/-46
In my opinion, the many techniques you use are unnecessary because after all using many techniques is a mistake that you should not make as a trader, you need to know that when trading you only use one method.
#749 - February 09, 2024, 01:43:12 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
In my opinion, using a lot of techniques is not very important. In fact, when you want to be comfortable, you should focus on using one method. This is also very important so that you can get the opportunity to be able to develop a special method well.
#750 - February 16, 2024, 01:13:35 AM

Members:

0 Members and 2 Guests are viewing this topic.