Trading Without Using Indicators

[hahay]

By studying every pattern that exists on a graph I think that is enough for you to trade with high self confidence, learning something cannot be done quickly and we definitely need a long time with all the experience we will get from analyzing and learn it. So anything can be achieved if you do have high intention and confidence to continue to strive for your dreams for great success in the future.

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[St4yInTh3D4rk]

Sometimes difficult to determine support and resistance if we dont use any indicator in trading, in my opinion we have to use minimum 1 indicator and maximum 3 different indicators. Moving average, Bolinger band and trendline is easy indicator to use and to understanding.

Different people have different skills so there is not much importance for the indicators as long as people using strategic trading,only blind trading without any indicators will leads to us like gambling.Anyway trading is also like a form of gambling highly depends on luck even if we are skillful.

[Obiwankenodium]

By studying every pattern that exists on a graph I think that is enough for you to trade with high self confidence, learning something cannot be done quickly and we definitely need a long time with all the experience we will get from analyzing and learn it. So anything can be achieved if you do have high intention and confidence to continue to strive for your dreams for great success in the future.

you dont have to know every pattern. You need to get used to trading certain setups. Even if you only know how to trade one setup, you can be a profitable trading. Know the setup and how to trade it,so you know when to execute the trade. And use proper risk management. Dont over trade.

[wuvdoll]

you dont have to know every pattern. You need to get used to trading certain setups. Even if you only know how to trade one setup, you can be a profitable trading. Know the setup and how to trade it,so you know when to execute the trade. And use proper risk management. Dont over trade.

There are thousands of indicators and strategies available but learning few and making use of them effectively is more important rather than what OP is suggesting. I mean to say indicators are here just for helping us to have easy and time-efficient trading and ignoring them is not a good way of trading in my opinion.

Trading through naked chart is some kind of art and it will not be possible for all the experienced traders. For this type of trading, you need to listen your inner thoughts so that you can derive trading signals. This must be another professional way of trading and it will not be feasible for everyone. I believe instead of looking for learning some unique way of trading, we must focus on general and easy way of strategies for making profits in trading.

[roycilik]

Horizontal resistance.
Trendlines.
Fibonacci tool.

Three simple tools and no indicators needed.

Of course, that's very simple because it's only spoken
it would be better if you can explain the functions of these tools
speaking is easier than implementing :v

[LUCKMCFLY]

Hello friends, mainly my decision making when doing trading obeys Wyckoff, because the market must be understood, we can not force with triangles or indicators, because everything is supply-demand, the market is often moved by the emotions of the operators , only by looking at the graph and the volume due to a certain time can we realize what is the meaning of it.

[creeps]

Horizontal resistance.
Trendlines.
Fibonacci tool.

Three simple tools and no indicators needed.

Of course, that's very simple because it's only spoken
it would be better if you can explain the functions of these tools
speaking is easier than implementing :v

I also having a hard time on implementing these tools so I choose not to use it at all. Simple MA can make a big difference. When you used to trade, your eyes can easily the possible reversal and of course the support and resistance level which allow you to trade while looking at the plain chart.

[LUCKMCFLY]

Hello everyone, here I put my analysis based on Wyckoff, as you can see, I only identify the phase and sub phase of Spring, I only use Elliot for trends ... it is a trade without any indicators or EMA, only volume, and we know that the Volume is not an indicator, we must see the volume if it is not the consolidated one.

[pundit]

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.

Everyone has his own method of trading some trading with indicators and some people are trading w/o indicators with good success rate. It depends which method suits you. Some people also trades based on levels successfully. Actually it depends upon individuals mindset, I have seen many people trading one method successfully but when others try to trade the same way it lead to losses. Trading is not bounded to some fixed rules, even some people trade successfully with market sentiments analysis, the more you practice trading more successful you will be in it.

[hipSter]

There is a reason why people say trading is gambling.  You an have all the past charts laid out and be analyzing patterns that happen but you never truly know what will happen.  Crypto markets are like stocks on s teroids and trying to day trade is extremely risky.  I always advice newbies to hold and never go short or long with high leverage.

Actually, there is no such a big difference between trading and gambling. Both of this things are connected with risks and management of them. We have a deal with possibilities: in one hand I make a bet on red and in the other one I sell coins. And one more thing: gambling doesn't mean that you are gonna loose your money. Some people earn money regularly in that way. Of course there are not many of them, but remember that only 5% out of all traders are profitable.

[nicolas1979]

That's amazing and I need how to get that skill, so tired with indicator and sometimes make me confuse because market always change. This is good method for people who doesn't have high education but mostly have a lot of experience. Learn from this person is very good to keep our strategy stay on the track because we see big picture not pieces. Let's make time and learn something to change our life.

[jhongzjhong]

That's amazing and I need how to get that skill, so tired with indicator and sometimes make me confuse because market always change. This is good method for people who doesn't have high education but mostly have a lot of experience. Learn from this person is very good to keep our strategy stay on the track because we see big picture not pieces. Let's make time and learn something to change our life.

I don't think how indicators works in trading, Isn't bad if you used indicators as long as you have done also research on how to be a good trader, indicators for me is just like a reference which you might be looked out if you want to have a comparison. Deeply research, analysis, fundamental skills, indicators and references, those are tools in trading not rely on one source. For me, if you are in trading without any indicators you just like expecting a piece of luck nor worst like gambling.

[bit-freedom]

I think it is true that you are able to trade without indicators. You have gain experience over the past 2 years and you actually gain knowledge by studying trading.

[Vladdy]

Honestly I've been checking all these indicators but probably it is not my thing I just buy the crypto and sell it for fiat and then back on DEX exchanges it is easy to do. Firstly I was using EtherDelta now I like iDEX as well there's also a new dex platform coming DexAge if I'm not mistaken they are using integrated indicators charts from TradingView inside their market something like HitBTC does maybe it is convenient for some people who are into indicators

[jrrsparkles]

I think it is true that you are able to trade without indicators. You have gain experience over the past 2 years and you actually gain knowledge by studying trading.

Sometimes the success associated with luck too so trading is like gambling done with some basic level knowledge.So if still people can make profits without any indicators then may not be doing trading as the profession just from their understanding and part time job to make some profits.Use indicators and understand the market well and decide what we need to next.

[MURONDI]

Hello everyone, here I put my analysis based on Wyckoff, as you can see, I only identify the phase and sub phase of Spring, I only use Elliot for trends ... it is a trade without any indicators or EMA, only volume, and we know that the Volume is not an indicator, we must see the volume if it is not the consolidated one.

in fact every information that can be read in the trading terminal is an indicator, price, volume, even the graph itself is an indicator, unless you trade without looking at the market..

[adaseb]

Every market trades differently.

When I used to trade stocks, I used the VWAP and the moving averages alot. With Crypto I find moving averages on small timescales not very reliable.

Also I've never had success with Fibonacci with Crypto. Sometimes when it actually presented a good trade it was usually for other reasons like a support/resistance area at the same level or some round whole number.

Right now the best is simply head/shoulders and basic support/resistance patterns, which works well since we are in a mostly sideways market since last Summer 2018.

[GrayFullbuster]

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.

For me,  it is impossible to win in trading without using indicators. I am sure that you are just lucky because your guess are always correct. It is better if we will use indicators in trading for us to know when is the right time to enter and to exit in trading.

[Supercrypt]

You can only invest without using indicators, if you are trading like daily and do not use indicators you will be hurt and lose money since they are the only things that shows the direction of bitcoin in short span of time. You can always disregard indicators and buy something for future profits in a long term (over 6 months) period but that is investing and not trading, if you hold something for months and then sell it you can't call it trading.

Use indicators if you want short quick span trading because it is the only way, only disregard it if you are going to hodl the coin you buy. Indicators do not always work and sometimes fail to predict things but usually they are still better than just a gut feeling of buying and selling something since indicators even tough wrong sometimes are still better than your emotions.

[SlimShadyMmp]

The whole trading is taking your time to know what system works for you better I think the more you stick to your routine the more effective you become there will be moment where you can just tell the direction of things by mere looking but you have to put in the effort