Disliked{quote} Great for you. I'm a technical trader myself...but i watch the news cuz all rules get suspended when a news item gets released. In my experience all indicators are useless. They give false sense of understanding of the market. I trade breakouts, and prenews. I'm favoring prenews to others now. With AI out now i think most small traders will lose even more than they used to.Ignored
news are just the excuse for the banks to move the market to the direction it has been setting up for days or weeks. banks know the outcome days in advance, we just got to learn to read the PA of the previous days. (with indicators or without, each to his own)
agreed about AI but they already been using it for years now. daytraders will keep loosing money as they have always done. but its mostly banks v banks. we dont matter
in the end it all comes down to patience and discipline.
99.99% of daytraders dont have either (and i wont exclude myself from this although i do have both 90-95% of the time)
offering my system to copy trade. check my link
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