Let's be honest: many people fill their charts with lines of various colors crossing and intersecting, feeling like trading experts. But then they get harshly educated by the market.



The reality is so brutal—those support and resistance lines, trend lines you've drawn, are nine times out of ten useless; they're just psychological comfort blankets.

But that doesn't mean drawing lines is useless per se. The key is that many people use them incorrectly. Meaningful technical lines serve to help you anchor a clear reference framework: where is support, where is resistance, where are the points of trend suppression and breakout? They give you a "monitoring point" so you can observe closely—when the price approaches this area, how is the battle between bulls and bears? Is the volume keeping up? Is it a decisive breakout or repeated testing?

Conversely, those ineffective lines are purely figments of the imagination. Forcibly connecting unrelated points into a line and then self-affirming "this must be the bottom, that must be the top." This isn't analysis; it's divination—one of the fastest ways to lose money.

What's even more brutal is that even if you predict the position and judge the direction correctly, the psychological torment during execution and the market backlash during holding positions can wipe out most traders' capital. Technical analysis might improve your win rate, but it doesn't solve a more fundamental problem: how to survive longer in the market, stay steady, and continue to profit?

This is also why I shifted from repeatedly studying line analysis to seeking more fundamental, more certain methods. The key isn't about making lines more fancy, but about finding a set of methodologies and tools that genuinely help traders reduce risk, improve decision quality, and sustain profitability.
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notSatoshi1971vip
· 20h ago
No matter how beautiful the chart looks, it's useless without the right mindset and risk management. I remember I used to draw lines every day too, and in the end, I got proven wrong. You're absolutely right, most people's technical analysis is just self-comfort. The word "divination" is used perfectly haha. Longevity is the key, not making quick money. This article hits the nerve, so true. Psychological preparation is more important than anything; technical analysis is just an aid. Losing all your capital really hits hard... The underlying logic is crucial; you can't rely solely on drawing lines. I've also realized I need to change my approach. Consistent profits are much harder than making a one-time huge gain.
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GasGuzzlervip
· 20h ago
Really, drawing more lines can't save someone with a poor mindset Bro, your words hit the nail on the head. I've seen too many speculative trades Risk management is what keeps you alive; lines are just an aid Ultimately, you need to find your own method; you can't rely solely on technical lines Living longer is a hundred times more important than making quick money
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PumpBeforeRugvip
· 23h ago
Damn, that hits too close to home. I used to draw lines like that until I doubted my life. A bunch of pretty lines that are just self-soothing, might as well roll the dice. The key is mindset; predicting the right direction is useless, if you can't handle the pullback, you're dead. Honestly, technical analysis is just a game of probabilities. Most people treat it as a talisman. I'm also trying to find that underlying logic now. Drawing lines really doesn't mean anything.
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CounterIndicatorvip
· 01-05 22:46
Drawing lines is just self-deception; divination is my true expertise. Honestly, psychological torment is the real killer; technical lines can't save you. That's why I shifted from drawing colorful lines to seeking real things. The process of holding a position is a battle with the market; most people never live to see a profit. Instead of studying support and resistance, it's better to study your own psychological development. Lines can be deceptive, but the market's volume and momentum don't lie. Without execution ability, even the right position is just a useless prediction.
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WalletDoomsDayvip
· 01-03 15:50
Drawing lines won't save you; mindset is what matters It's a bit harsh to say, but it really hits home Technical analysis is ultimately a game of probabilities, not laws I'm the kind of person who draws all the lines and still loses money The key is to stay alive; don't think about getting rich overnight
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ParallelChainMaxivip
· 01-03 15:50
Drawing lines is just self-deception; there's nothing wrong with that. Divination-style trading is indeed the quick way to lose money. Mindset is the key; lines are useless. Technical analysis can't cure greed. Instead of drawing lines, it's better to learn risk control. Longevity is the real winner. This is the breakthrough point.
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AmateurDAOWatchervip
· 01-03 15:43
Haha, you're right, this is a common problem for most people. Divination-style drawing lines is indeed the easiest way to fall into traps. The real key is to live longer. This sentence hit home; the psychological torment during the holding process is something only those who have experienced it understand. Compared to flashy lines, it's better to find your own risk management system.
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MrRightClickvip
· 01-03 15:42
Honestly, drawing lines is like self-deception; nine out of ten times, you'll get slapped in the face. Mentality issues are indeed a trap, more deadly than the lines themselves. This article hit me hard. Recently, I was also surrounded by lines, and as a result, I lost everything. The key is discipline; analyzing alone is useless. Execution is the real key. Living long is much harder than making quick money, and there's nothing wrong with that statement.
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TokenAlchemistvip
· 01-03 15:23
nah most traders are just drawing tea leaves on charts... the real alpha is in finding inefficiency vectors before liquidation cascades hit. lines don't print, execution discipline does.
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