There are many technical methods used in the markets Elliot Gann and Fibonacci but, the bottom line is DISIPLINE. How much PAIN can you take if your position goes against you? Will you stay in the trade or bail. This is where alot of fuck ups occur. Even though your trading software or system would tell you to stay in the trade most traders bail because they can't handle the PAIN, and get out at a loss only to watch the trade turn around and make a profit. How do I know? I've traded millions of other people's money. There is not one trading method that will make you money in the markets. If it were so we all would be rich. There are traders and then there are traders that make money.
NOTE: Many sellers of trading systems make more money from selling the system ,than trading the system in the markets.