Re: My last attempt to know the truth behind technical analysis through forum(traderj
Hi,
harshit bodani
Technical analysis knowledge is not only knowing indicator ,patterns , and moving averages ...
it is about designing a trading system which means designing entry and exit setup with due care to stoploss and trailing stoploss...in the way a system is 20% mind is 30% and 50% is money management
for designing a trading system ........back testing the logic(entry and exit rules) is only method to draw a conclusion ,for that at least 3 years we have to back test
if you have done all this you will sure find a success full method to earn
During my earlier days of trading i have purchased all the trading systems available in the market and the result is big loss... after that worked on above steps and now earning