The technical analysis of spot silver investment is different from the operation strategy of spot silver investment. The technical analysis is responsible for interpreting the current situation, and the operation strategy is responsible for trading the future. The roles of the two are different and should not be confused. But for a novice, technical analysis is equivalent to an operation strategy. If the bulls win, they go long, and if the bears win, they go short. It’s that simple. But the result of this is often to be killed for long positions, to be squeezed for short positions, to open bows from left to right, and to be beaten to the point of lack of confidence. Technical analysis is really hard to use, this is a common view of those who have studied it.
If you directly use technical analysis to operate, of course, it is difficult to use, because the current situation and the future may not be equal. If technical analysis can be used directly, there will be no losers. Many beginners directly use the conclusions of technical analysis to place orders at the beginning, but the results are not as good as expected, and they even feel that the tuition is paid in vain. After a few years of actual combat experience, you will realize that technical analysis is just a transaction record.
Since it is only a transaction record, of course it can only represent the past and the present. The future transaction record has not yet been released. How can it be covered by technical analysis? Once the mystery of technical analysis is solved, many myths will be self-destructed. From then on, you suddenly realized that you began to understand how to use operational strategies to implement technical analysis. Relying on several years of actual combat experience, I slowly realized the essence of technical analysis, and then I decided to start simplifying the complex, discarding everything used for research and writing papers, and focusing on practical technical analysis, in order to find it again. The value of technical analysis, experience the practicality of technical analysis.
Objectivity is the essence of technical analysis. No data is more objective and real than transaction records. This is the value of technical analysis. You don’t need to give up such objective data. Do you have to believe the gossip or some lagging data? Fundamentals are very important, but they are not as real-time as technical. Often the transaction records have already told everyone that the bears are winning, and the selling pressure is heavy. The fundamentals are still sweet and beautiful, and continue to hold. This is the blind spot of the fundamentals and the advantage of the technical aspects.