17. Can you make money if you are accurate in technical analysis of cryptocurrency contracts?

Does being accurate in technical analysis mean making money? My answer is no. Where did the so-called technical analysis you learned come from? The teacher who gave it to you is OK, but who taught him a few years ago? What is this knowledge? In fact, it is some theoretical knowledge that has been in the Western market for more than 200 years, and it has only been passed on to you. What about these theories? It is all right to look at the world, but it is difficult to make money when you actually execute it. Have you noticed? So the so-called accuracy of technical analysis means that you understand the support and the main force, but I want to tell you a truth. If you really want to make money in this market, you don’t need to look at the right direction, the right support and the main force, but you must have a complete set of trading logic, trading system, execution process, and stall management methods. In fact, these determine whether you make money or not. Direction, if you see the right technical analysis method, it is like you buy a set of software prompts to buy points, sell points are very accurate, and the success rate feels very high, but you will find that there are not many people who rely on software to trade and make money in the end.

Logical machine, the bottom layer is to make money in the real financial market. Technical analysis is just the beginning, just a link. The most important thing is actually the rest of the things behind it, such as positions, such as execution processes, and the real choice of your logic. The choice of the system is these things, which actually constitute the basis of your final win or loss! Therefore, in the future, don’t regard technical analysis as a god, or as the most important link. Even if you see it right, it is sometimes really useless.