Trading Without Using Indicators | Bitcointalksearch.org

doycku

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Quote from: Coin-Desk on March 24, 2019, 08:09:33 AM

Yes, it is possible to trading without using the indicator. I saw some traders who did not use any indicator while trading. Even if they did not ask someone trade expert once in the trade. They trade only by seeing the price rise and down chart. Even if they could tell any cryptocurrency they would increase in the future. They could say the future of any cryptocurrency. I think they and you are very skilled at trading.

Thank you

Today, the majority of traders who receive income from daily trading work in this way. With the current state of the cryptocurrency market there is no reason to delve into the trade to use indicators .

BitcoinHunt3r

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Quote from: Coin-Desk on March 24, 2019, 08:09:33 AM

Yes, it is possible to trading without using the indicator. I saw some traders who did not use any indicator while trading. Even if they did not ask someone trade expert once in the trade. They trade only by seeing the price rise and down chart. Even if they could tell any cryptocurrency they would increase in the future. They could say the future of any cryptocurrency. I think they and you are very skilled at trading.

Thank you

Both people who use indicator or not can be professional, because using indicator not means that people have no skill. But sometime out there who not use indicator only speculate in market and then buy and sell his coin according to price only.

Coin-Desk

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Yes, it is possible to trading without using the indicator. I saw some traders who did not use any indicator while trading. Even if they did not ask someone trade expert once in the trade. They trade only by seeing the price rise and down chart. Even if they could tell any cryptocurrency they would increase in the future. They could say the future of any cryptocurrency. I think they and you are very skilled at trading.

Thank you

crwth

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Wow. That’s really nice that you can trade without any indicators. I think we all can but you just look at the price action. In any exchange, you could just have a chance of 50/50 towards how you can see the market, it’s either you go Long or Short with your trades. It’s just that easy. I love to use indicators like MACD, RSI and EMA. It’s used to be a confirming indicator if the trades would be good to go whether over bought or over sold. I use that also in my Gunbot.

XbladedThanos

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This is really going to be difficult without any indication but i will follow this for a while to see how things actually go but is really a risk that can hurt one really bad

roycilik

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Quote from: Pattart on March 22, 2019, 06:55:54 AM

Quote from: wayancrypto on March 21, 2019, 10:18:48 PM

~snip~

For the short term, maybe the indicator is not really needed because you only need a candle on the chart. but for the long term
certainly indicators are very important to determine when you have to buy and sell

For the traders who are familiar with technical analysis, they will still use the indicator as a reference to entry
whether it is for the short term or the long term

Wingzcrypto2018

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In my own opinion and knowledge, it doesn't matter if you use indicators or not. I saw there are lot of traders out there got their profit in it without using indicators. All they have was they knew the basic knowledge about it, and some are known also how to analyze to read the candlestick in the chart to find out if the price will pump or dump.

superstarbtc

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Crypto market preferably works on fundamentals rather than on technical analysis if the developments or events effort on the market then we will see price growth

BitcoinTurk

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I am an investor usually engaged in trading without considering any auxiliary tools or investment advice. I cannot always say that I have earned a profit or profit margin, but I would like to say that if I generalize on a monthly basis, I am constantly increasing my capital at the end of each month. I think the only secret of this success is that it should not be a panic. In the case of panic, it is very important to close the process screen and not make wrong decisions. Of course, these tools used will certainly benefit us, but as I said, I do many successful operations without using any auxiliary tools.

emmybd

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In cryptocurrency trading, indicators don't often work, by looking at the chart daily you would gain a lot of experience that would be very useful in deciding when to buy and when to get out of the market.

kennen1113

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Quote from: LogitechMouse on March 22, 2019, 06:41:04 PM

Traders must think that learning trading is not overnight. I agree with what you said OP.
The materials you used to learn trading is very helpful and traders must do it too. Learn everything, watch tutorial videos, read books, find a mentor. This things will help you if you really want to become a successful trader.
For me, I'm still a newbie so I rely most of the time to the indicators Cheesy

.

New traders or old, even normal or professional traders all need to spend a lot of time analyzing and observing market indicators because this is the best way for us to predict and catch what will happen to the market, increase accuracy in decision making and improve our chances of success in investment. If we don't use indicators, we're just gambling, what we're doing is just trading instinctively, and the risk from this method is probably one thing that all common people warn, is very high and we will almost lose a lot of money when we fail.

Huskarls

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I just think that trading without using Indicators is just another way of gambling technique Undecided

Well for me, that was a bad way to start getting profit, Even use or not use indicators still count on how luck we are in trading. Its just how some people comfortable with this

LogitechMouse

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Traders must think that learning trading is not overnight. I agree with what you said OP.
The materials you used to learn trading is very helpful and traders must do it too. Learn everything, watch tutorial videos, read books, find a mentor. This things will help you if you really want to become a successful trader.
For me, I'm still a newbie so I rely most of the time to the indicators Cheesy

.

creeps

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Quote from: Polar91 on March 22, 2019, 01:04:13 AM

Quote from: Oilacris on March 21, 2019, 02:00:01 PM

Quote from: sarmrakib on March 21, 2019, 11:41:14 AM

You were learning trading for two years .You got a good experience on trading .Now you are able to get the movement of chart without indicator .Its your strategy and skill that's make you sense where need to buy .However I am not so experienced on trading .I need indicator or tools to understand the momentum of chart .Its my strategy to trade on the market .

Once you are already engage into a thing for a long time you would definitely done the things without the need of indicators since you can able to draw those lines within your mind or shall we say imaginary
indicators which your mind is already got used to for the long time you have been using it.Your mind is previewing automatically even these indicators isn't really applied.

We can't deny that it's still better to use indicators though we say that we are professional for better retracement of market movement. If we'll just trading without indicators, our guts might be fault thus can result can be more errors.

Having such indicators can still be good of course it is our guide but sometimes traders are usually too lazy to draw lines so i guess they are just using their eyes and their minds will work hard for them to see the pattern. It requires time and patience and errors will still happen even if you do trading for years now.

Caladonian

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Quote from: Pattart on March 22, 2019, 06:55:54 AM

Quote from: wayancrypto on March 21, 2019, 10:18:48 PM

If we already understanding about price action will be not necesary to use indicator because from the historycal price we can decide which support and resistance area. I have seen many professional trader just use 1 indicator only for trading, the more important thing is knowledge about how to read price pattern.

For the short term, maybe the indicator is not really needed because you only need a candle on the chart. but for the long term
certainly indicators are very important to determine when you have to buy and sell

If trading for some chances and taking the risk in this short term opportunities, indicators are needed in order to make some good assessment,
knowing the right pattern and observed it well to make sure that you are following the graph correctly, most traders still doing and using this
factors in order to make a possible advantages.

Supercrypt

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Quote from: fullhdpixel on March 21, 2019, 08:46:24 AM

I learnt trading for almost a year through forex before getting into cryptocurrency trading, if you don’t use indicator, one will lose several times though it is sure that one will learn through this way, but it is not every trader that can risk losing any of their investment several times before getting it right, the op must have counted over twenty consecutive losses before he became perfect but how many of us can even afford to lose three times before going bankrupt.

I agree with you, we don’t have to take everything we see or read on the internet, I know we are all opened to learning but we need to be careful not to learn what will make us make a costly mistake that we will end up regretting for the rest of our lives.

If you don’t trade without indicators, you are either trading with emotion or intuition, which emotional trading is very bad for the business while we can still manage intuition but I has to be mixed with strategy which should come through the trading analysis tools available for us to use. For me, I will stick with my indicators and not dare try what the OP said because I cannot afford to risk any of my trade, I have passed that testing stage.

Pattart

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Quote from: wayancrypto on March 21, 2019, 10:18:48 PM

If we already understanding about price action will be not necesary to use indicator because from the historycal price we can decide which support and resistance area. I have seen many professional trader just use 1 indicator only for trading, the more important thing is knowledge about how to read price pattern.

For the short term, maybe the indicator is not really needed because you only need a candle on the chart. but for the long term
certainly indicators are very important to determine when you have to buy and sell

maydna

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Quote from: Polar91 on March 22, 2019, 01:04:13 AM

Quote from: Oilacris on March 21, 2019, 02:00:01 PM

Quote from: sarmrakib on March 21, 2019, 11:41:14 AM

You were learning trading for two years .You got a good experience on trading .Now you are able to get the movement of chart without indicator .Its your strategy and skill that's make you sense where need to buy .However I am not so experienced on trading .I need indicator or tools to understand the momentum of chart .Its my strategy to trade on the market .

Once you are already engage into a thing for a long time you would definitely done the things without the need of indicators since you can able to draw those lines within your mind or shall we say imaginary
indicators which your mind is already got used to for the long time you have been using it.Your mind is previewing automatically even these indicators isn't really applied.

We can't deny that it's still better to use indicators though we say that we are professional for better retracement of market movement. If we'll just trading without indicators, our guts might be fault thus can result can be more errors.

For new people who are in trading, they better to learn about the indicators. As time goes, they will get more experience, and they can start to not depends on the indicators but still, it needs time before we can understand. Maybe the OP wants to open short course for us and teach us about how he can determine the trend movements Grin

We need to use the feeling too to determine the price and the trend movements so we can decide to buy or to sell. But the first time we don't use the indicators, maybe we will make a mistake which will make us learn more about watching the line that is at the market.

Noa_Amable

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Quote from: creeps on January 25, 2019, 10:40:52 AM

This is just a normal 1month chart of Bitcoin.
No indicators are being used.

I’ve been trading for almost 2years now and I can say, I can now trade by just looking at the chart without using any indicators, i don’t know why I was able to do this but I think this is normal after reading a lot of books, watching youtube tutorials about trading and so many failed trades.

This post is not to bragged anyone, this is meant to inspire people not to give up on trading or not to depend to anyone. If you really want to know more about trading, then you should take more effort. I didn’t learn trading overnight it took me almost 2years before I can confidently trade. Always start with a small step and in time, you can also trade without using any indicators.

right, that what is called Experience

still, I guess you combine it with news

Polar91

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Quote from: Oilacris on March 21, 2019, 02:00:01 PM

Quote from: sarmrakib on March 21, 2019, 11:41:14 AM

You were learning trading for two years .You got a good experience on trading .Now you are able to get the movement of chart without indicator .Its your strategy and skill that's make you sense where need to buy .However I am not so experienced on trading .I need indicator or tools to understand the momentum of chart .Its my strategy to trade on the market .

Once you are already engage into a thing for a long time you would definitely done the things without the need of indicators since you can able to draw those lines within your mind or shall we say imaginary
indicators which your mind is already got used to for the long time you have been using it.Your mind is previewing automatically even these indicators isn't really applied.

We can't deny that it's still better to use indicators though we say that we are professional for better retracement of market movement. If we'll just trading without indicators, our guts might be fault thus can result can be more errors.

Topic: Trading Without Using Indicators (Read 867 times)