Help!!! Reinforcement

Messages
6
Can anyone help me, i've been trading on some technical indicators putting me on loss at all trades.

Can anyone help wit technical indicators for profit tradng.

I'm Loyal.
 

Pharaoh

Colonel
Messages
19,691
There are several options:

1. Trade the opposite way from what your indicators say. :D

2. Look at how the losses occur. Are your stop losses set too close? Are you following technicals right before a big news release?

3. Check one or two timeframes up to look at the larger trend. Don't trade against it unless you are good at countertrend trades. Check one or two timeframes down to try to spot potential reversals before entering the trade.

4. Consider changing to different technical indicators. Some indicators work better than others. Some work well under some market conditions and not others.
 
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