Trading Without Using Indicators

[BigBoy89]

I'm using MA as only indicator during my day trades + volumes on the two sides of the book. It's working good for most alts if you don't do stupid moves.
This is for crypto tradings. For Forex I'm using over 10 indicators because they are much more relevant there.

[rollingstorm45]

Indicators are just there to help you about your decision in trading.  I think we are not going to succeed in trade by just looking at the chart without indicators as most of the high volume trading bots are build base on one indicators or another and when trading set up is about to happen you will not no.

preferably if we want to get results, then use all available assistance including trade indicators, if we use various means of assistance in trading then we can indirectly avoid large losses that could have happened. so there is no need to hesitate to use all kinds of trade aids if you need to use trade simulations, this aims to train us to face real trading.

[creeps]

Indicators are just there to help you about your decision in trading.  I think we are not going to succeed in trade by just looking at the chart without indicators as most of the high volume trading bots are build base on one indicators or another and when trading set up is about to happen you will not no.

preferably if we want to get results, then use all available assistance including trade indicators, if we use various means of assistance in trading then we can indirectly avoid large losses that could have happened. so there is no need to hesitate to use all kinds of trade aids if you need to use trade simulations, this aims to train us to face real trading.

Indicators are there to help us, It really works of course. Your trading style will depend on you and your knowledge, if you want to trade using more indicators its possible and no one can stop you from that. Don't hesitate to use it, let's all win in trading.

I'm using MA as only indicator during my day trades + volumes on the two sides of the book. It's working good for most alts if you don't do stupid moves.
This is for crypto tradings. For Forex I'm using over 10 indicators because they are much more relevant there.

Yes, forex and stocks are moving more of the pattern so indicators really needed on that. In cryptomarket you just need to know what is the best indicators to use for.

[karungbitcoin]

I think only expert trader that can make analysis the market without using indicator. I personallly use minimum 1 indicator to know where the support and resistance. Indicator will help to determine support and resistance area, and also will help to predict the trend and price action.

[ethereumhunter]

Sometimes, I don't use any indicators to trade too, but still, it's very difficult if we don't use any indicators. You are done good work to trade without using indicators, and I hope you can always make a profit by watching the chart only. It will need time before we can master and know where the trends to go. But still be careful when you want to decide the price to buy and sell.

[Findingnemo]

I think only expert trader that can make analysis the market without using indicator. I personallly use minimum 1 indicator to know where the support and resistance. Indicator will help to determine support and resistance area, and also will help to predict the trend and price action.

Its good for you if you have some reference to predict the market,even experts will use the indicators when they are day trading so people who were doing trading without indicators are just like gambling with their money.

[roycilik]

I think only expert trader that can make analysis the market without using indicator.

Everyone without exception can make analysis
beginner trader: they only see percentage changes in 24h, when the market is in the "red" condition they will preparing to buy (not at all)
the difference between experts and beginners is the accuracy of analysis

[CoinChili]

I envy your skills in reading charts without even using such indicators. This is so inspiring, i can say that you are a great experienced trader now. I hope i can learn also all what you've learned and will also come to a point that I can still tradr by just looking at the chart. I admit that I cannot proceed with my trading without indicators that is why i was really shocked when I've read your thread.

[Zadicar]

I think only expert trader that can make analysis the market without using indicator.

Everyone without exception can make analysis
beginner trader: they only see percentage changes in 24h, when the market is in the "red" condition they will preparing to buy (not at all)
the difference between experts and beginners is the accuracy of analysis

Being a professional and a beginner would always be different yet we do know the experience and the knowledge and each decision would really
matter yet the one who do have knowledge on how this market works would really have that kind of edge.Trading without indicators and basing up with
your guts,intuition is easy but it vary on what kind of trader you are.

[semobo]

Most of the day traders are doing this.

Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.

[Hamphser]

Most of the day traders are doing this.

Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.

Then you are not doing trading but rather you are doing gambling. Not all day traders are doing this yet most of the time,relying on indicators is common on these short time frame trades.

[KennyR]

Most of the day traders are doing this.

Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.

With trading very few were lucky to get big in short time period. It is not that easy to earn big with trading, one need to learn more about the strategies and the way one can make profit. This is possible through small scale investing and experimenting. In most of the case users profit when they keep hold of the cryptocurrencies for long term.

[semobo]

Most of the day traders are doing this.

Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.

Then you are not doing trading but rather you are doing gambling. Not all day traders are doing this yet most of the time,relying on indicators is common on these short time frame trades.

I am not doing day trading either,all I want to say that people who were just new to the crypto trading were doing like that.

[Oasisman]

Well said. I myself has still a lot of knowledge to learn when it comes to making good trades. I used indicators so it could atleast guide me along the way. But, what the OP said is very possible for me and for everyone. Experience will teach us how to turn our hundreds of failures into a million success.

[Kemarit]

Most of the day traders are doing this.

Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.

Nah, I wouldn't go that strategy. Just buying and then off-loading them later? What if the coins they bought didn't have a good pump? Then they are already in the loss. That's not how a trading should look at. Of course they can trade without indications but it's not a good practice. It's like listening to troll box and just believing every word those speculators are saying. If you are not ready for trading here, then stop and study and learn first, otherwise you will just be swept by a lot of speculators and FUD going around and it will result to a massive lost on your end.

[semobo]

Most of the day traders are doing this.

Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.

Nah, I wouldn't go that strategy. Just buying and then off-loading them later? What if the coins they bought didn't have a good pump? Then they are already in the loss. That's not how a trading should look at. Of course they can trade without indications but it's not a good practice. It's like listening to troll box and just believing every word those speculators are saying. If you are not ready for trading here, then stop and study and learn first, otherwise you will just be swept by a lot of speculators and FUD going around and it will result to a massive lost on your end.

Exactly,when we are supposed to do something then we have to make it perfect by learning all the things before starting to workout on it.

[enhu]

Most of the day traders are doing this.

Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.

Nah, I wouldn't go that strategy. Just buying and then off-loading them later? What if the coins they bought didn't have a good pump? Then they are already in the loss. That's not how a trading should look at. Of course they can trade without indications but it's not a good practice. It's like listening to troll box and just believing every word those speculators are saying. If you are not ready for trading here, then stop and study and learn first, otherwise you will just be swept by a lot of speculators and FUD going around and it will result to a massive lost on your end.

Exactly,when we are supposed to do something then we have to make it perfect by learning all the things before starting to workout on it.

If sooner the coins isn't pumped, I just have to wait til price rise up. I usually just buy coins from the exchange but at least I will try to see the coin dips first before buying. Selling after seeing few bucks of profit isn't a good strategy but will be if you just have to keep hopping from one coin to another. Checking which coins has lesser transaction fees while doing it.

[posi]

I'm using MA as only indicator during my day trades + volumes on the two sides of the book. It's working good for most alts if you don't do stupid moves.
This is for crypto tradings. For Forex I'm using over 10 indicators because they are much more relevant there.

MA indicator are good in term of altcoin but only traders that careful and smart can profitable trade altcoin. Like the topic says ones can actually trade without the use of indicators by using a genuine and active price alert app which was the best way of trading on the go.

[semobo]

If sooner the coins isn't pumped, I just have to wait til price rise up. I usually just buy coins from the exchange but at least I will try to see the coin dips first before buying. Selling after seeing few bucks of profit isn't a good strategy but will be if you just have to keep hopping from one coin to another. Checking which coins has lesser transaction fees while doing it.

It depends on how much yor profit margin was,I am expecting you are a short tem or long term trader so those few buck won't convince you to sell your holding but there are some people will set their target as 1% or even less so they will ready to use even if the price dump or bump is small.

[fullhdpixel]

Well said. I myself has still a lot of knowledge to learn when it comes to making good trades. I used indicators so it could atleast guide me along the way. But, what the OP said is very possible for me and for everyone. Experience will teach us how to turn our hundreds of failures into a million success.

But I personally feel it is safer to use indicators all the times to avoid learning through the hard way.
I am not bragging about this but all the years I have been trading has been through indicator and I have never lost so much.

I learnt trading for almost a year through forex before getting into cryptocurrency trading, if you don’t use indicator, one will lose several times though it is sure that one will learn through this way, but it is not every trader that can risk losing any of their investment several times before getting it right, the op must have counted over twenty consecutive losses before he became perfect but how many of us can even afford to lose three times before going bankrupt.