Hey guys I've on this site for a while , but haven't been on in while, and also haven't traded in a year. What is the best system I could use to trade, and trade successfully.
Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
Newbie asking a newbie interest rate question: 1 reply
Newbie: Best broker, best platform - trading off charts? 4 replies
Simple Kind of Man - Trading 4 replies
Best Trading System for a Newbie 21 replies
DislikedI think that's a great sort of trading method, and I know from my own personal experience that it can be consistently profitable.
But it isn't intrinsically an "indicator-based" system, at all.
It's using price information. It's using technical analysis, for sure. But not all technical analysis involves "indicators".Ignored
DislikedIt is better to keep things simple always. Follow the trend, never fight the trend and try to catch the bottom anytime. You can use few things like MA, Stoch, MACD and never forget your trendlines, they are the most simple and effective tool. Best to have higher time frame, avoid going below 30 mins TF, unless you are scalping and you know what you are doing.
Cheers!Ignored