Quote from: AltcoinAdvent on Today at 08:27:42 AM

Quote from: Josefjix on November 07, 2024, 05:07:44 PM

With peace of mind, we can make best trading decisions. I have tested almost every technical indicators and also tried to get the latest news and fundamentals informations about cryptocurrency in other to make informed trading decisions. but, today I have read most of the news and the forthcoming"us federal funds rate and fomc statement" which always creates great indecision in the market. I discover that this is the first time in more than 7 months now that i did not worry about what happened during fomc meeting. The usa elections have given direction to the markets and people are not even bothered on the outcome of the meeting. Peace every were in the market and I think that is what we need to make a good trading decisions.
Moreover, i also discovered that almost all the indicators work best on the long timeframe like weekly or monthly timeframes. If you want making trading decisions with peace of mind? trade only on those timeframes with any indicator and you will make money.

Long timeframes like weekly or monthly charts tend to give clearer trends and more reliable signals from technical indicators. It's interesting how the market's focus has shifted away from short-term events like the FOMC meeting and towards broader factors like the elections. Focusing on these larger trends and staying calm really helps avoid overthinking and making impulsive decisions.

Yep - people do get more results from the charts that are bigger and give a broader perspective, after all - if you look at it this way, you also intend to wait as much to see it work out.
Strats change and market as well, so we need to adapt to it if we want a good PNL in the end.