Re: The Signal to Start Trading and the Signal to Close Trading
Learn how to use trading indicators, it will help you. Start with relative strength index and bollinga band to know when market is overbought or oversold. Trade with small amount of money and see if you are better. Then you can further with simple moving avarage and exponential moving average. You can learn about fibonacci retracement and what they are meant for. You can learn all these indicators very well, this will help you in trading. Indicators can increase the chance of making profit, but you need to also have risk management and use the money you can afford to lose to trade.
Actually, OP can test these without spending a single penny in his/her pocket. Because we can actually do some technical analysis in tradingview and can easily confirm if we hit or break the target. Probably the best thing to start spending a little amount is when OP is already hitting the target of more than 50% of his/her trade.
@OP , learn to use stock charting first (like tradingview , etc.) then apply your TA (your experimental indicator's combination) there without spending money first
