If you don’t have some method of evaluating the viability of a given trade you’re considering, you’re “investing with your gut,” and if that’s what you’re doing, it’s probably best to find a different hobby. Sooner or later, you’re going to lose 100% of your equity and be out of the game.
If you’re in it for the long-term, you NEED to be studying analytics.
It doesn’t matter if you prefer fundamental analysis over technical analysis, or this theory over that theory – what matters is that you find some means of analyzing and evaluating opportunities, then use those tools to evaluate every trade you’re considering entering into. That’s one important part of how you arrange the odds in your favor, resulting in the greater likelihood of a winning trade.
Analysis. You need it.