Post
Topic
Board Trading Discussion
Re: Strategies for Successful Trading
by
Dickiy
on 10/11/2023, 11:33:59 UTC
Indicators are great for understanding general market sentiment but trading comes down to way more than that. Generally speaking i have seen a trend with myself and my friends who trade that the more experience you have, the less indicators you use. In the end it will come down to volume and price action

Well that's right, the role of indicators is very important in trading, especially for beginners, with the indicators beginners will easily understand or find a decision to sell or buy at a certain time. But yes on the other hand not only that, the point is that basically the indicator will be very helpful but we should not if we only race to the indicator because basically the indicator only provides a little information about what is happening in the trend at that time, whether bulish or bearish that is dominating the market.

And also yes on the other hand it is true that the more experience traders have, the less indicators they will use, maybe they use indicators only as reference material and the rest they themselves will determine to make the right decision. For the problem of indicators in my opinion it is better not to add too many indicators to your trading session, because on the other hand I have experienced that it will only make us more dizzy to make decisions, each indicator has different meanings and information and of course it is very likely to make us traders, especially beginners, difficult to make decisions. So I hope you first learn the indicators on the platform, use only a few that you think are important so that you are not confused in making decisions.