Search 120,491 Tips
Technical Analysis is not 100% Accurate
Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Technical Analysis and other Day Trading topics.
Technical Analysis is not 100% Accurate
Technical Analysis will give you an edge, but remember it doesn't work 100% of the time. Understand that certain technical set ups are more likely to be successful than other set ups. Wait until the pattern is confirmed; or a break out occurs, before entering your trade. If the pattern fails, you have to be disciplined enough to exit the trade right away. Find the chart patterns that are the strongest and work best for you. Learn the patterns inside and out; and only trade these patterns so you have a better chance of maximizing your gains and minimizing your losses.
Not finding the advice and tips you need on this Day Trading Tip Site? Request a Tip Now!
| Guru Spotlight |
 |
Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!