Topic: Trading Without Using Indicators - page 2. (Read 867 times)
trading without indicators needs lot of practice and experience if we practice then we cann make profits without depending on any indicator
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.
See ? Pro traders also use indicator . so why we shouldnt be ? When indicators are a good way to aid us on our trading career . skills cant and experience are not enough to predict the outcome of the coins due to the changing nature of cryptos but at the end of the day , indications cant still guarantee you a secure profit because luck will still matter the most .
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.
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 imaginaryindicators 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.
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 .
Well said. I myself has still a lot of knowledge to learn when it comes to making good trades. I used indicators so it could atleast guide me along the way. But, what the OP said is very possible for me and for everyone. Experience will teach us how to turn our hundreds of failures into a million success.
But I personally feel it is safer to use indicators all the times to avoid learning through the hard way.I am not bragging about this but all the years I have been trading has been through indicator and I have never lost so much.
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.
If sooner the coins isn't pumped, I just have to wait til price rise up. I usually just buy coins from the exchange but at least I will try to see the coin dips first before buying. Selling after seeing few bucks of profit isn't a good strategy but will be if you just have to keep hopping from one coin to another. Checking which coins has lesser transaction fees while doing it.
It depends on how much yor profit margin was,I am expecting you are a short tem or long term trader so those few buck won't convince you to sell your holding but there are some people will set their target as 1% or even less so they will ready to use even if the price dump or bump is small. 
I'm using MA as only indicator during my day trades + volumes on the two sides of the book. It's working good for most alts if you don't do stupid moves.
This is for crypto tradings. For Forex I'm using over 10 indicators because they are much more relevant there.
MA indicator are good in term of altcoin but only traders that careful and smart can profitable trade altcoin. Like the topic says ones can actually trade without the use of indicators by using a genuine and active price alert app which was the best way of trading on the go. This is for crypto tradings. For Forex I'm using over 10 indicators because they are much more relevant there.
Most of the day traders are doing this. 
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Nah, I wouldn't go that strategy. Just buying and then off-loading them later? What if the coins they bought didn't have a good pump? Then they are already in the loss. That's not how a trading should look at. Of course they can trade without indications but it's not a good practice. It's like listening to troll box and just believing every word those speculators are saying. If you are not ready for trading here, then stop and study and learn first, otherwise you will just be swept by a lot of speculators and FUD going around and it will result to a massive lost on your end.
If sooner the coins isn't pumped, I just have to wait til price rise up. I usually just buy coins from the exchange but at least I will try to see the coin dips first before buying. Selling after seeing few bucks of profit isn't a good strategy but will be if you just have to keep hopping from one coin to another. Checking which coins has lesser transaction fees while doing it.
Most of the day traders are doing this.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Nah, I wouldn't go that strategy. Just buying and then off-loading them later? What if the coins they bought didn't have a good pump? Then they are already in the loss. That's not how a trading should look at. Of course they can trade without indications but it's not a good practice. It's like listening to troll box and just believing every word those speculators are saying. If you are not ready for trading here, then stop and study and learn first, otherwise you will just be swept by a lot of speculators and FUD going around and it will result to a massive lost on your end.
Most of the day traders are doing this.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Nah, I wouldn't go that strategy. Just buying and then off-loading them later? What if the coins they bought didn't have a good pump? Then they are already in the loss. That's not how a trading should look at. Of course they can trade without indications but it's not a good practice. It's like listening to troll box and just believing every word those speculators are saying. If you are not ready for trading here, then stop and study and learn first, otherwise you will just be swept by a lot of speculators and FUD going around and it will result to a massive lost on your end.
Well said. I myself has still a lot of knowledge to learn when it comes to making good trades. I used indicators so it could atleast guide me along the way. But, what the OP said is very possible for me and for everyone. Experience will teach us how to turn our hundreds of failures into a million success.
Most of the day traders are doing this.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Then you are not doing trading but rather you are doing gambling. Not all day traders are doing this yet most of the time,relying on indicators is common on these short time frame trades.Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Most of the day traders are doing this.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
With trading very few were lucky to get big in short time period. It is not that easy to earn big with trading, one need to learn more about the strategies and the way one can make profit. This is possible through small scale investing and experimenting. In most of the case users profit when they keep hold of the cryptocurrencies for long term. Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Most of the day traders are doing this.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Then you are not doing trading but rather you are doing gambling. Not all day traders are doing this yet most of the time,relying on indicators is common on these short time frame trades. Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Most of the day traders are doing this.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
Just buying and selling crypto currencies with the intention of making money but not always this will work since we just believe on our luck.
I think only expert trader that can make analysis the market without using indicator.
Everyone without exception can make analysisbeginner trader: they only see percentage changes in 24h, when the market is in the "red" condition they will preparing to buy (not at all)
the difference between experts and beginners is the accuracy of analysis
matter yet the one who do have knowledge on how this market works would really have that kind of edge.Trading without indicators and basing up with
your guts,intuition is easy but it vary on what kind of trader you are.
I envy your skills in reading charts without even using such indicators. This is so inspiring, i can say that you are a great experienced trader now. I hope i can learn also all what you've learned and will also come to a point that I can still tradr by just looking at the chart. I admit that I cannot proceed with my trading without indicators that is why i was really shocked when I've read your thread.
I think only expert trader that can make analysis the market without using indicator.
Everyone without exception can make analysisbeginner trader: they only see percentage changes in 24h, when the market is in the "red" condition they will preparing to buy (not at all)
the difference between experts and beginners is the accuracy of analysis
I think only expert trader that can make analysis the market without using indicator. I personallly use minimum 1 indicator to know where the support and resistance. Indicator will help to determine support and resistance area, and also will help to predict the trend and price action.
Its good for you if you have some reference to predict the market,even experts will use the indicators when they are day trading so people who were doing trading without indicators are just like gambling with their money. Jump to: