Hi,
I can use help.
I am thinking now that to be able to dance, I really need to understand candle sticks and the emotions behind them, Is that right?
Secondly Should I use indicators to confirm what i think I read from the candles ? I am using Stochastic,RSI, MACD and MA
If I do confirm then I am waiting too long, If I go with feeling I am in and out quickly I make profits but very small may be because I am trading small time frames.(1 min, 5 min) (5-10 pips and I am out)
I think one of the biggest hurdle I have dancing is fear.
Thinking of trading as dance, market as a monster and me at war puts me in the right mindset no more stop losses for me thanks to fti.
Meditation helps me remove emotions from trading and give me courage only if did it every day.
Looking forward to your advice.
Many thanks
I can use help.
I am thinking now that to be able to dance, I really need to understand candle sticks and the emotions behind them, Is that right?
Secondly Should I use indicators to confirm what i think I read from the candles ? I am using Stochastic,RSI, MACD and MA
If I do confirm then I am waiting too long, If I go with feeling I am in and out quickly I make profits but very small may be because I am trading small time frames.(1 min, 5 min) (5-10 pips and I am out)
I think one of the biggest hurdle I have dancing is fear.
Thinking of trading as dance, market as a monster and me at war puts me in the right mindset no more stop losses for me thanks to fti.
Meditation helps me remove emotions from trading and give me courage only if did it every day.
Looking forward to your advice.
Many thanks