Pages:
Author

Topic: Trading Without Using Indicators - page 3. (Read 867 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 06, 2019, 03:43:34 AM
#85
Sometimes, I don't use any indicators to trade too, but still, it's very difficult if we don't use any indicators. You are done good work to trade without using indicators, and I hope you can always make a profit by watching the chart only. It will need time before we can master and know where the trends to go. But still be careful when you want to decide the price to buy and sell.
full member
Activity: 588
Merit: 100
February 06, 2019, 03:03:23 AM
#84
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.
full member
Activity: 742
Merit: 144
February 06, 2019, 12:39:45 AM
#83
Indicators are just there to help you about your decision in trading.  I think we are not going to succeed in trade by just looking at the chart without indicators as most of the high volume trading bots are build base on one indicators or another and when trading set up is about to happen you will not no.
preferably if we want to get results, then use all available assistance including trade indicators, if we use various means of assistance in trading then we can indirectly avoid large losses that could have happened. so there is no need to hesitate to use all kinds of trade aids if you need to use trade simulations, this aims to train us to face real trading.
Indicators are there to help us, It really works of course. Your trading style will depend on you and your knowledge, if you want to trade using more indicators its possible and no one can stop you from that. Don't hesitate to use it, let's all win in trading.

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.


Yes, forex and stocks are moving more of the pattern so indicators really needed on that. In cryptomarket you just need to know what is the best indicators to use for.
member
Activity: 448
Merit: 17
February 05, 2019, 08:43:27 PM
#82
Indicators are just there to help you about your decision in trading.  I think we are not going to succeed in trade by just looking at the chart without indicators as most of the high volume trading bots are build base on one indicators or another and when trading set up is about to happen you will not no.
preferably if we want to get results, then use all available assistance including trade indicators, if we use various means of assistance in trading then we can indirectly avoid large losses that could have happened. so there is no need to hesitate to use all kinds of trade aids if you need to use trade simulations, this aims to train us to face real trading.
legendary
Activity: 1512
Merit: 1011
February 05, 2019, 06:25:13 PM
#81
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.

full member
Activity: 1470
Merit: 103
COMBO 2.0
February 05, 2019, 04:37:03 PM
#80
The whole trading is taking your time to know what system works for you better I think the more you stick to your routine the more effective you become there will be moment where you can just tell the direction of things by mere looking but you have to put in the effort
legendary
Activity: 1554
Merit: 1054
February 05, 2019, 01:37:39 PM
#79
You can only invest without using indicators, if you are trading like daily and do not use indicators you will be hurt and lose money since they are the only things that shows the direction of bitcoin in short span of time. You can always disregard indicators and buy something for future profits in a long term (over 6 months) period but that is investing and not trading, if you hold something for months and then sell it you can't call it trading.

Use indicators if you want short quick span trading because it is the only way, only disregard it if you are going to hodl the coin you buy. Indicators do not always work and sometimes fail to predict things but usually they are still better than just a gut feeling of buying and selling something since indicators even tough wrong sometimes are still better than your emotions.
full member
Activity: 658
Merit: 103
February 05, 2019, 04:27:33 AM
#78


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.
For me,  it is impossible to win in trading without using indicators. I am sure that you are just lucky because your guess are always correct. It is better if we will use indicators in trading for us to know when is the right time to enter and to exit in trading.
legendary
Activity: 3808
Merit: 1723
February 05, 2019, 03:49:06 AM
#77
Every market trades differently.

When I used to trade stocks, I used the VWAP and the moving averages alot. With Crypto I find moving averages on small timescales not very reliable.

Also I've never had success with Fibonacci with Crypto. Sometimes when it actually presented a good trade it was usually for other reasons like a support/resistance area at the same level or some round whole number.

Right now the best is simply head/shoulders and basic support/resistance patterns, which works well since we are in a mostly sideways market since last Summer 2018.
sr. member
Activity: 812
Merit: 257
February 05, 2019, 01:12:59 AM
#76
Hello everyone, here I put my analysis based on Wyckoff, as you can see, I only identify the phase and sub phase of Spring, I only use Elliot for trends ... it is a trade without any indicators or EMA, only volume, and we know that the Volume is not an indicator, we must see the volume if it is not the consolidated one.
in fact every information that can be read in the trading terminal is an indicator, price, volume, even the graph itself is an indicator, unless you trade without looking at the market..
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 05, 2019, 12:49:30 AM
#75
I think it is true that you are able to trade without indicators. You have gain experience over the past 2 years and you actually gain knowledge by studying trading.
Sometimes the success associated with luck too so trading is like gambling done with some basic level knowledge.So if still people can make profits without any indicators then may not be doing trading as the profession just from their understanding and part time job to make some profits.Use indicators and understand the market well and decide what we need to next.
newbie
Activity: 98
Merit: 0
February 04, 2019, 02:07:34 PM
#74
Honestly I've been checking all these indicators but probably it is not my thing I just buy the crypto and sell it for fiat and then back on DEX exchanges it is easy to do. Firstly I was using EtherDelta now I like iDEX as well Cool there's also a new dex platform coming DexAge if I'm not mistaken they are using integrated indicators charts from TradingView inside their market something like HitBTC does maybe it is convenient for some people who are into indicators Smiley
sr. member
Activity: 658
Merit: 256
February 04, 2019, 01:43:21 PM
#73
I think it is true that you are able to trade without indicators. You have gain experience over the past 2 years and you actually gain knowledge by studying trading.
full member
Activity: 798
Merit: 109
https://bmy.guide
February 04, 2019, 01:21:04 PM
#72
That's amazing and I need how to get that skill, so tired with indicator and sometimes make me confuse because market always change. This is good method for people who doesn't have high education but mostly have a lot of experience. Learn from this person is very good to keep our strategy stay on the track because we see big picture not pieces. Let's make time and learn something to change our life.
I don't think how indicators works in trading, Isn't bad if you used indicators as long as you have done also research on how to be a good trader, indicators for me is just like a reference which you might be looked out if you want to have a comparison. Deeply research, analysis, fundamental skills, indicators and references, those are tools in trading not rely on one source. For me, if you are in trading without any indicators you just like expecting a piece of luck nor worst like gambling.
sr. member
Activity: 826
Merit: 252
February 04, 2019, 12:30:08 PM
#71
That's amazing and I need how to get that skill, so tired with indicator and sometimes make me confuse because market always change. This is good method for people who doesn't have high education but mostly have a lot of experience. Learn from this person is very good to keep our strategy stay on the track because we see big picture not pieces. Let's make time and learn something to change our life.
member
Activity: 266
Merit: 11
February 04, 2019, 11:11:33 AM
#70
There is a reason why people say trading is gambling.  You an have all the past charts laid out and be analyzing patterns that happen but you never truly know what will happen.  Crypto markets are like stocks on s teroids and trying to day trade is extremely risky.  I always advice newbies to hold and never go short or long with high leverage.
Actually, there is no such a big difference between trading and gambling. Both of this things are connected with risks and management of them. We have a deal with possibilities: in one hand I make a bet on red and in the other one I sell coins. And one more thing: gambling doesn't mean that you are gonna loose your money. Some people earn money regularly in that way. Of course there are not many of them, but remember that only 5% out of all traders are profitable.
full member
Activity: 868
Merit: 104
February 04, 2019, 09:41:43 AM
#69


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.

Everyone has his own method of trading some trading with indicators and some people are trading w/o indicators with good success rate. It depends which method suits you. Some people also trades based on levels successfully. Actually it depends upon individuals mindset, I have seen many people trading one method successfully but when others try to trade the same way it lead to losses. Trading is not bounded to some fixed rules, even some people trade successfully with market sentiments analysis, the more you practice trading more successful you will be in it.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
February 04, 2019, 09:39:50 AM
#68
Hello everyone, here I put my analysis based on Wyckoff, as you can see, I only identify the phase and sub phase of Spring, I only use Elliot for trends ... it is a trade without any indicators or EMA, only volume, and we know that the Volume is not an indicator, we must see the volume if it is not the consolidated one.
full member
Activity: 742
Merit: 144
February 04, 2019, 07:43:42 AM
#67
Horizontal resistance.
Trendlines.
Fibonacci tool.

Three simple tools and no indicators needed.
Of course, that's very simple because it's only spoken
it would be better if you can explain the functions of these tools
speaking is easier than implementing :v
I also having a hard time on implementing these tools so I choose not to use it at all. Simple MA can make a big difference. When you used to trade, your eyes can easily the possible reversal and of course the support and resistance level which allow you to trade while looking at the plain chart.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
January 30, 2019, 03:37:59 PM
#66
Hello friends, mainly my decision making when doing trading obeys Wyckoff, because the market must be understood, we can not force with triangles or indicators, because everything is supply-demand, the market is often moved by the emotions of the operators , only by looking at the graph and the volume due to a certain time can we realize what is the meaning of it.
Pages:
Jump to: