What I want to say: There are two types of people who lose in the market; 1. Those who don't understand anything, or understand a little, and randomly open trades based on luck. 2. Those who understand a lot, but in a disorganized way, and frequently open trades as technical players.

Is Technical Analysis Really Useful?

Many people say that technical analysis is useless; in fact, most of them have never made money in this market. The trading market is filled with various participants, many of whom lack the ability to learn and think systematically, relying only on luck to make a little money. Such people may profit in the short term but will ultimately give back the money they earned.

What is the value of technical analysis?
Technical analysis has never been a tool to find the 'absolute win rate'; rather, it is a means to improve the win rate. Similarly, news analysis works in the same way. The hardest part of this market is not making money, but how to survive in the long term. Technical analysis and trading strategies are designed to help you survive in this highly competitive market. As long as you can survive, opportunities are limitless, and wealth will gradually accumulate.

Protecting your capital is the real victory
In this market, many people fear missing out and always think they can't let any opportunity slip away. In reality, this is a wrong mindset. Rather than frequent trading, protecting your capital should be the most important goal. Simplicity is key; sometimes trading does not require overly complex technical indicators. As long as you have a clear and reliable reason to enter a trade, you are already ahead of the majority.

What is the problem in this market?
To put it simply, there are too many 'mindless' people in this market. Their operations usually include: entering trades randomly, having no stop-loss, and not knowing where to take profits. This kind of unplanned and undisciplined trading is destined to fail. To stand undefeated in this market, you first need a clear trading logic and risk control.

Conclusion
Technical analysis is meant to help you improve your win rate, not to guarantee that you win every time. The core of trading lies in discipline and mindset; as long as you protect your capital and patiently wait for opportunities, success is just a matter of time. Do not blindly follow the market, nor underestimate its complexity; staying grounded is the way to longevity.