Hey guys, we’re all looking for ways to make trading easier, right? Whether it’s spotting setups more efficiently, venturing into bot trading, or getting news faster. For example, today I got a pop-up notification about the US DOJ approving the sale of 69,000 BTC. This prompted me to short the market because it’s bearish news, and I ended up making 2X from the position using 100x leverage. Yes, risky—I know.
Over the past couple of months, I’ve been using the indicators by LuxAlgo on TradingView to make my trading easier. It helps me spot Couch, OB, and discount and premium zones faster. However, I’m also open to exploring other options, like spot grid trading, bots, or even copy trading.
I know a lot of users here have experience, so I’d like to ask if you’ve used the methods I mentioned. Also, how are you planning to be more efficient with trading this year?.
I don't have that much experience in trading compared to you with the use of those tools that you've mentioned. I don't even get into the news for my trades so fundamentals do really help. I will never try to get into that leverage with so much money. It's a true gamble.
How about learning how to do TA and going from there. Indicators are only good if you know how to use them.
Exactly.
I am saying that I am not a good trader as OP described himself. If he's using indicators and he knows how to use it and makes profit from it, there's really no problem at all. As long as he makes money from it, why care right?