And what do you propose? Do you have and can share some simple strategy accessible for newbie that works?Why do you really use so many advanced tools in your job for who knows how much profits anyway. Do you really see me going there ? Why not go with something much more simple ? What do you say about that ? I plan to propose something much more simple.
go on then........Why do you really use so many advanced tools in your job for who knows how much profits anyway. Do you really see me going there ? Why not go with something much more simple ? What do you say about that ? I plan to propose something much more simple.
You generally want all of your indicators saying yes to one direction, this will reduce the amount you trade and make trades more likelyI just started trading
i m using some indicators together to guide me
MA5
MA200 for trend
Pro parabolic
Macd
Frame 1 H 4 H and 30 M
some times time frames gives me different direction
i m following the trend but i lose much points
can some one explain to me or guide me
When you are working with indicators you have to do much practice on them, First, select 3 to 4 indicators that are popular then try them on demo and see al their working how they show us details and how the market is going on. I think one can decide which one of these is best for their trading style. Be patience everything will clear as you do practice on trading.Keeping it simple in trading is key, just like in life... a couple of indicators and that's it. Pay attention to price action, learn the animal and what makes it tick!
Yeah I would also recommend to play with their settings, testing their signals with different parameters because custom-made settings in popular indicators are quite an unexplored field of trading advantages.When you are working with indicators you have to do much practice on them, First, select 3 to 4 indicators that are popular then try them on demo and see al their working how they show us details and how the market is going on. I think one can decide which one of these is best for their trading style. Be patience everything will clear as you do practice on trading.