Post
Topic
Board Trading Discussion
Re: Read this if you really want to succeed in trading
by
Jegileman
on 05/02/2025, 01:58:39 UTC
Experience is what that matters most in trading. If you use indicators but you do not have experience in trading, you will lose more often because making profit in trading is not only about indicators. Although the indicators are still very important because it will still help you make good analyses which is their work and not for making profit in trading.

Indicators plays a vital role in trading but that does not mean it should only be your dependency before taking any trade. You should always have other analysis to checkmate before having a go ahead in a trade. Trading is very broad and having to check many analysis before taking a trade is important. Indicators are one of it but personally I don’t put them amongst my tools for analysing the market but it’s also a good tool to use.

Good and experienced traders know how to avoid liquidity sweeps, but new traders will always find themselves in a situation where the market acts in an opposite direction from the direction it is supposed to act, taking them out of the market and then continuing in the direction they expected it to go before it took them out of the market.

Most unsuccessful traders that have been in the trading market for a long time are being used as liquidity and that may be their only problem of not being a profitable trader. They are yet to identify where the actual entry of a trade is and only join a trade earlier than they should and the resultant of it is the person being used as liquidity. Being observant of liquidity is very paramount to the success of a trader and should be considered more often before taking any trade. As a trader, you can’t be so perfect, you just have to know that things happen and the market may fail to obey some analysis even if they seem to look so true to be obeyed. What matters the most is that your number of winning trades always supersedes that of losing ones.