New trader confused

EuroTrader

Sergeant Major
Messages
1,039
There is always a time to go to live account but if you did hurry in making money and go to live account early without having proper practice on demo your sufferings will be more. New traders may confused , if they do much training it would be in their favor. Just like go up with a help of stairs they should do all trading decisions gradually and slowly.
 

Faelar

Private
Messages
36
Hey, lt's okay to receive different signals, cuz many indicators are added. I would advise you to turn off more than half of them and use no more than 3. The more indicators you have, the more you'll get confused. It is a typical mistake of a beginner to add many indicators. Pick the ones that you pay most attention to and keep them.
 

downtrend

Sergeant
Messages
868
Indicators will give you lagging data and you cannot just trade based on indicators. You have to learn the price action and liquidity things so that you know where the institutions are driving the markets.
 

sebking1986

Sergeant
Messages
141
As above indicators are there to add confluence and stack the odds but can't be relied upon on their own. Understanding price action, orderflow and sentiment is a must
 
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