Hivalley
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Activity: 210
Merit: 19
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January 26, 2019, 08:54:51 PM |
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Even as a beginner with no experience in trading,i would not still advice one to trade using trading signals,such signals could really be deceptive and misleading atimes,and could lead to huge losses Instead of trading indicators,its best one learns the various trading strategies and analysis closely and put them into practice,and with time you'll learn the ropes and be able to trade without them. Trading is very delicate,closely checking the pros and cons of every technique uses is vital
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Mpamaegbu
Legendary
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Activity: 2870
Merit: 1233
Once a man, twice a child!
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January 26, 2019, 09:05:53 PM |
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This is just a normal 1month chart of Bitcoin. No indicators are being used. I’ve been trading for almost 2years now and I can say, I can now trade by just looking at the chart without using any indicators, i don’t know why I was able to do this but I think this is normal after reading a lot of books, watching youtube tutorials about trading and so many failed trades. This post is not to bragged anyone, this is meant to inspire people not to give up on trading or not to depend to anyone. If you really want to know more about trading, then you should take more effort. I didn’t learn trading overnight it took me almost 2years before I can confidently trade. Always start with a small step and in time, you can also trade without using any indicators. The most trusted indicator is the "Eye". If you understand what I mean. This should be complimented with the fundamentals. Otherwise, you're just gambling and it's a matter of time before you're burnt.
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MURONDI
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January 26, 2019, 09:44:09 PM |
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This is just a normal 1month chart of Bitcoin. No indicators are being used. I’ve been trading for almost 2years now and I can say, I can now trade by just looking at the chart without using any indicators, i don’t know why I was able to do this but I think this is normal after reading a lot of books, watching youtube tutorials about trading and so many failed trades. This post is not to bragged anyone, this is meant to inspire people not to give up on trading or not to depend to anyone. If you really want to know more about trading, then you should take more effort. I didn’t learn trading overnight it took me almost 2years before I can confidently trade. Always start with a small step and in time, you can also trade without using any indicators. Previously find out the meaning of the indicator word first, An indicator is something that can be a clue, maybe without you realizing that the graph is actually also an indicator, I do not believe that traders who are adept at using blind trade.. actually all trading indicators are charts that are changed in different forms, but the point is the same to read and know the market situation.
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roycilik
Legendary
Online
Activity: 2562
Merit: 1988
1% Skill 99% Luck :v
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January 26, 2019, 10:19:04 PM |
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Do with your own style and keep trading
as long as you make profit it is still good. Just don’t trade without the right knowledge because its too risky. Yes, Profit is the point If you can make a profit without indicators, so there is no need to try another way
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Distinctin
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January 26, 2019, 10:57:24 PM |
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Do with your own style and keep trading
as long as you make profit it is still good. Just don’t trade without the right knowledge because its too risky. Yes, Profit is the point If you can make a profit without indicators, so there is no need to try another way Satisfaction is very important. Trades at your comfortable zone and your own strategies, if you'll be in the good play then there is no need to change it. The most important is it result beneficial to us, in fact our own instinct will simply add to it. If you are in trading, you should be in focus in order to understand fully the chart, don't trade if you're not reading cause it only end up badly.
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creeps (OP)
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January 26, 2019, 11:07:06 PM |
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Trade without indicators is too difficult for me, im not expert in trading and dont have much experience there. If I try to trading with your style, I'll just get big loss.
You may not be expert right now but soon if you just continue to work on that one. I’m not saying to trade with my style, what I mean is that I’ve got this skills through hard work and for almost two years of learning, so this mean trading is not easy just like what others thought and if you just work hard on this, you will enjoy this kind of skills in the future.
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imstillthebest
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January 26, 2019, 11:25:47 PM |
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Trade without indicators is too difficult for me, im not expert in trading and dont have much experience there. If I try to trading with your style, I'll just get big loss.
You are a good example for this topic . trade without indicators is the same as trading randomly or blindly , thats why even a newbie and uneducated person can do this effortly. Though in my case id rather play gambling because i can won larger amounts when compared to trading while the market is still in dump state because i cannot really earn enough knowing that i wont use indicators .
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herurist
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January 27, 2019, 04:16:15 AM |
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People will find their way to make money and many people still not found it because not believe their skill or depending their decisions into bot/ public opinion. When people can take lesson from their experience it will create new person with old method, the person have different mindset & calculation but not the method. I hope your post can give others new side of trading world, just never give up.
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kolesozw
Legendary
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Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
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January 27, 2019, 04:16:39 AM |
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I make 95% and more of my trades without using any indicators because almost all indicators are made for regular markets. Bitcoin is not a regular market, because rates could be manipulated with just few millions or even less. It's impossible to do the same on FX markets with so small amounts. And I could say I'm doing good at my eyes.
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AhmadM
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January 27, 2019, 06:49:41 AM |
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Trade without indicators is too difficult for me, im not expert in trading and dont have much experience there. If I try to trading with your style, I'll just get big loss.
You may not be expert right now but soon if you just continue to work on that one. I’m not saying to trade with my style, what I mean is that I’ve got this skills through hard work and for almost two years of learning, so this mean trading is not easy just like what others thought and if you just work hard on this, you will enjoy this kind of skills in the future. Yeah, I know. You have created this thread was not for suggesting others to use the same style in trading like you. You created it just for inspiring and share your experiences in trading to others.
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wayaneka
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January 27, 2019, 10:29:32 AM |
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Trading without using any Indicators is called naked trading, although without indicator we can still determine support and resistance by to see price pattern, and to be more easy to know suport and resistance area we can use only trend line. Good analysis in trading is not to understand how to use many different indicator but to understand the trend and price action. Naked trading can be work better if we using daily time frame for swing trading.
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Indrawan77
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January 27, 2019, 11:04:04 AM |
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Well indicators could help you to see the reversal and when the trend is going to change, there are traders that trade without indicator, they used price action, if you are really good in price action then you can know the market movement without indicator, but its still recommended to learn about indicators, it is really useful to combine price action and indicators
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Wafilian
Member
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Activity: 345
Merit: 13
Hard work is the most important key to success.
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January 27, 2019, 11:10:30 AM |
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This is just a normal 1month chart of Bitcoin. No indicators are being used. I’ve been trading for almost 2years now and I can say, I can now trade by just looking at the chart without using any indicators, i don’t know why I was able to do this but I think this is normal after reading a lot of books, watching youtube tutorials about trading and so many failed trades. This post is not to bragged anyone, this is meant to inspire people not to give up on trading or not to depend to anyone. If you really want to know more about trading, then you should take more effort. I didn’t learn trading overnight it took me almost 2years before I can confidently trade. Always start with a small step and in time, you can also trade without using any indicators. The blank chart I mean Price Action trading one of most effective trading strategy, Indicator help traders finding out the major trend, an indicator not a bad thing.
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bitbunnny
Legendary
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Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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January 27, 2019, 11:54:23 AM |
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Even as a beginner with no experience in trading,i would not still advice one to trade using trading signals,such signals could really be deceptive and misleading atimes,and could lead to huge losses Instead of trading indicators,its best one learns the various trading strategies and analysis closely and put them into practice,and with time you'll learn the ropes and be able to trade without them. Trading is very delicate,closely checking the pros and cons of every technique uses is vital
I agree with that. People just rely too much on trading indicators, preductions, charts and analysis and sometimes even follow them without any thinking. And that often don't bring you profit but losses.. The only way you will come successful trader is your own experience. I'm not saying that you don't need any knowledge and basic information, strategy and plan, but time spent on the market and learning on your own experience and results will give you the best guidelines how to behave as a trader.
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Obiwankenodium
Copper Member
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Activity: 322
Merit: 15
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January 27, 2019, 01:49:26 PM |
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Even as a beginner with no experience in trading,i would not still advice one to trade using trading signals,such signals could really be deceptive and misleading atimes,and could lead to huge losses Instead of trading indicators,its best one learns the various trading strategies and analysis closely and put them into practice,and with time you'll learn the ropes and be able to trade without them. Trading is very delicate,closely checking the pros and cons of every technique uses is vital
I agree with that. People just rely too much on trading indicators, preductions, charts and analysis and sometimes even follow them without any thinking. And that often don't bring you profit but losses.. The only way you will come successful trader is your own experience. I'm not saying that you don't need any knowledge and basic information, strategy and plan, but time spent on the market and learning on your own experience and results will give you the best guidelines how to behave as a trader. the problem with signals when you blindly follow them is the managing of the trade when it doesnt go according to the original plan. I sometimes do use them for confirmation of my own bias though.
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Oceat
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January 27, 2019, 03:53:24 PM |
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Practice makes you really perfect in that field. After all of those failed attempts, you are now in a different level of traders in the market. Hard works really pay off at the end of the day. I wonder if you could make a lot of fortune now since you can trade without any indicators. So what is the difference of your profit when you are not using indicator vs using some indicator?
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3996
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izanagi narukami
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Activity: 2030
Merit: 1028
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January 27, 2019, 04:09:51 PM |
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Trading without using indicator is like guessing price like gambling The function of indicator is prevent major loss and control your trading management.
But in crypto , everything is more risky because the value is volatile ( depend on supply and demand )
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Capt00
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January 27, 2019, 04:19:16 PM |
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Trading without using indicator is like guessing price like gambling The function of indicator is prevent major loss and control your trading management.
But in crypto , everything is more risky because the value is volatile ( depend on supply and demand )
You are right there, you can use indicator as a reference guide when are in trading but always remember don't stick on the indicator much better if you have your own research on choosing the right coins in trading. Since cryptocurrencies is a highly volatile there's no reason you can't earn a profit even you use indicators or not.
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mirakal
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Merit: 1292
Leading Crypto Sports Betting & Casino Platform
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January 28, 2019, 01:25:51 AM |
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Everyone has different style in trading and if that works for you then you have to be thankful as life is easier for you as a trader.
Some has to have a lot of sources to analyze the price before making a decision and it does not even guarantee them to guess the right price movement. Watching videos are reading books really helps a lot, it does not need to follow the basic in terms on how to analyze because what's important is to come up with a profit, regardless of our strategy, you are one of the genius in trading mate, good luck on your journey.
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NewRanger
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January 28, 2019, 05:49:12 AM |
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Trading without using indicator is like guessing price like gambling The function of indicator is prevent major loss and control your trading management.
But in crypto , everything is more risky because the value is volatile ( depend on supply and demand )
You are right there, you can use indicator as a reference guide when are in trading but always remember don't stick on the indicator much better if you have your own research on choosing the right coins in trading. Since cryptocurrencies is a highly volatile there's no reason you can't earn a profit even you use indicators or not. technical indicators should combine with support and resistance technique.usually big players use this strategy to maximize their best position to enter market.
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