Talk about your personal understanding of technical analysis!

1. Can technical analysis make money?

My personal opinion is that technical analysis can make money, but there are prerequisites. You must have good emotional management capabilities, excellent execution capabilities, and create a trading system that suits you. The trading system is basic. The key lies in whether you can execute consistently. The market every day It seems like there are a lot of opportunities, but how many can you really seize? Not much. We only do the part of the trading system that we are most confident about. Don’t do other things that you don’t understand or are not sure about. You will gain only if you know how to give up. Don’t trade with revenge, let alone trade for the sake of trading. My brother would rather make a mistake than wait with a short position. It is shameful to go short in the market, but it is shameful to lose money!

2. What kind of technology can make money? There are many types of trading techniques, and there is no distinction between good and bad. Just use the one you are good at. Trading must be done by subtraction. There are so many technical indicators, so just do what you can understand and master. Technology is not The core of profitability, technical analysis is more used to respond and understand the current changes in the market. For example, I currently only use naked K and trading volume. Technical indicators have lag, and naked K can be very good. Reflects current market price behavior.

3. What kind of trading techniques should we learn? As the saying goes, a person who knows everything is worse than a master in one. I think it is enough to be proficient in one or two. There are people who know various techniques, such as Tangle Theory, Dow Theory, Gann, Wave, MACD, KDJ, Moving Average Channel, etc. If you know how to pile up a lot of messy things, you will definitely do well? Definitely not. Some people can still do very well by using a simple moving average indicator. If they abandon those messy market trends and only do what is within their own model, the effect will definitely not be bad.