A method to handle technical analysis limited to market judgement: deceive yourself with noise and give yourself to the market!

I think there isn’t anyone explaining this, probably

Even if there is, they aren’t the type to profit much from products or seminars

Even though scenario trading itself is already very technical

To deal with technical analysis only for market judgment

Other technicals I’m not good at are really

the kind of elements that make you think, “Oh, this technical analysis isn’t usable.”

Technical analysis should never be used as万能

“Specialize only in the technical analysis you’re good at” is like a hard rule

Because basically successful traders

use that technicals consistently as if fixed to it

In other words, they are “specialized in its use.”

There’s no departure from it

If you want a sense of completeness, you ultimately have to use methods of analysis that ignore technicals, like support/resistance or Dow Theory

which adapt to the market

That can be done only by people who specialize in it

So it’s better to look for your strongest technical analysis

In the end, what everyone finds easy to work with is

either moving averages, RSI, or MACD

Envelopes also as a contrarian approach

short-term they tend to be incredibly “easy to use!” “the strongest!”

but in the mid-term they become a complete drag

This is similar to a trend-following reversal Martingale in automated trading with no stop loss

In the short term it feels strongest

around the middle, the market finally moves and losses start to widen

So if you’re specialized in envelopes and also in contrarian trading

you must pick up and use elements like stop-loss risks and other dangerous factors

Since universal trading isn’t for everyone

If you use technical analysis well, it can feel like “even a monkey can make money,”

but if you can’t handle it effectively, you’ll keep saying “I’m never going to make money”

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