Japanese candles
All types of indicators
Fundamental analysis
News
...etc
All of these are very important things in trading, but focus on the word "but"
It is important on condition that the market is stable, meaning there is no sharp rise or fall
Because if one of these two things happens, no analysis will be useful...
Conclusion
1-You have to study the market as a whole before planning to trade.
2-Don't forget the stop loss to protect your capital.
3- You must realize that there is no profit without loss, but the loss should not exceed 2% or 3% of the size of your deal... For example, you entered a deal with $100, the market fell when your loss reached $20, be firm and strict and close your deal and know that $20 is a logical loss and you must accept it. However, if you insist on compensating for the $20 and then lose the $100 and you know that the market is still falling, then you are stupid here...
Let's be like traders in real life, sometimes he is forced to sell his goods at a loss of 20%, it is better than waiting until his goods expire...#xrp#btc #doge