Trading Without Using Indicators - page 4.

roycilik

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1% Skill 99% Luck :v

Quote from: Obiwankenodium on January 29, 2019, 06:51:11 AM

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

wuvdoll

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Quote from: Obiwankenodium on January 30, 2019, 01:06:21 PM

you dont have to know every pattern. You need to get used to trading certain setups. Even if you only know how to trade one setup, you can be a profitable trading. Know the setup and how to trade it,so you know when to execute the trade. And use proper risk management. Dont over trade.

There are thousands of indicators and strategies available but learning few and making use of them effectively is more important rather than what OP is suggesting. I mean to say indicators are here just for helping us to have easy and time-efficient trading and ignoring them is not a good way of trading in my opinion.

Trading through naked chart is some kind of art and it will not be possible for all the experienced traders. For this type of trading, you need to listen your inner thoughts so that you can derive trading signals. This must be another professional way of trading and it will not be feasible for everyone. I believe instead of looking for learning some unique way of trading, we must focus on general and easy way of strategies for making profits in trading.

Obiwankenodium

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Quote from: hahay on January 29, 2019, 10:45:49 AM

By studying every pattern that exists on a graph I think that is enough for you to trade with high self confidence, learning something cannot be done quickly and we definitely need a long time with all the experience we will get from analyzing and learn it. So anything can be achieved if you do have high intention and confidence to continue to strive for your dreams for great success in the future.

you dont have to know every pattern. You need to get used to trading certain setups. Even if you only know how to trade one setup, you can be a profitable trading. Know the setup and how to trade it,so you know when to execute the trade. And use proper risk management. Dont over trade.

St4yInTh3D4rk

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"STAY IN THE DARK"

Quote from: richcorner100 on January 29, 2019, 03:15:17 AM

Sometimes difficult to determine support and resistance if we dont use any indicator in trading, in my opinion we have to use minimum 1 indicator and maximum 3 different indicators. Moving average, Bolinger band and trendline is easy indicator to use and to understanding.

Different people have different skills so there is not much importance for the indicators as long as people using strategic trading,only blind trading without any indicators will leads to us like gambling.Anyway trading is also like a form of gambling highly depends on luck even if we are skillful.

hahay

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By studying every pattern that exists on a graph I think that is enough for you to trade with high self confidence, learning something cannot be done quickly and we definitely need a long time with all the experience we will get from analyzing and learn it. So anything can be achieved if you do have high intention and confidence to continue to strive for your dreams for great success in the future.

Yamifoud

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Quote from: NewRanger on January 29, 2019, 04:09:08 AM

Quote from: richcorner100 on January 29, 2019, 03:15:17 AM

Sometimes difficult to determine support and resistance if we dont use any indicator in trading, in my opinion we have to use minimum 1 indicator and maximum 3 different indicators. Moving average, Bolinger band and trendline is easy indicator to use and to understanding.

usually naked trader using no indicators in their chart to determine support and resistance level they only use line and trend line.but it will take long time to understand identifying this level.

You're right, it takes more time to understand that but it surely give you a good insights what kind of strategies you might have in the future.
I also do trading with my own market understanding and so I have to believe my self cause anything happen with it, I'll just blame my self, nothing more.

Obiwankenodium

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Horizontal resistance.
Trendlines.
Fibonacci tool.

Three simple tools and no indicators needed.

BlackPanda

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Quote from: bitcampaign on January 25, 2019, 01:12:22 PM

Seeing what you say is that experience becomes your best teacher as long as you learn about how to trade well, I also do the same thing as you are learning from every trade mistake to get a better experience, at least I can get a fixed profit without having to look an indicator

Experience is indeed a thing that can make us easier to trade. But an indicator is important.
We must be able to make the best decisions so that data indicators from various analyzes and experiences will determine what we will get.
This is not entirely a benchmark, but this will help us to get closer to success.

NewRanger

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Quote from: richcorner100 on January 29, 2019, 03:15:17 AM

Sometimes difficult to determine support and resistance if we dont use any indicator in trading, in my opinion we have to use minimum 1 indicator and maximum 3 different indicators. Moving average, Bolinger band and trendline is easy indicator to use and to understanding.

usually naked trader using no indicators in their chart to determine support and resistance level they only use line and trend line.but it will take long time to understand identifying this level.

richcorner100

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https://exip.live/

Sometimes difficult to determine support and resistance if we dont use any indicator in trading, in my opinion we have to use minimum 1 indicator and maximum 3 different indicators. Moving average, Bolinger band and trendline is easy indicator to use and to understanding.

yanto@1977

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People will success if they can find their character and use it on the right time ( moment ), for this method only can do by people who have dedication and high knowledge. This is not new method but most people who use it is silent trader, so for this one we can't have any information about. Thank you for sharing this and I hope many people will share their experience for us.

emrick89

newbie

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Quote from: Jhonyguy on January 26, 2019, 01:50:48 PM

Quote from: AhmadM on January 26, 2019, 01:14:15 PM

Trade without indicators is too difficult for me, im not expert in trading and dont have much experience there. If I try to trading with your style, I'll just get big loss.

trading with indicators blindly is also harmful , you should have some idea to judge whether the indication signals are correct or not if you just trade based on crossovers , overbought and oversold and ets it will be kill your capital

https://cdn.discordapp.com/attachments/532063983704866818/538805050156384256/Capture.PNG
https://cdn.discordapp.com/attachments/532166700963987466/538807107944841226/unknown.png
c how many trade opportunity we can find, when we staart to draw and analyze its easy to predict

good analysis yes as ypu said if we decide to draw zone we can understand chart better

creeps

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Quote from: bittraffic on January 28, 2019, 10:47:02 AM

Quote from: oceantiger on January 28, 2019, 09:44:31 AM

You are a veteran and what you are using is technical analysis by observation. Though you may have been doing well with this system, this will ruin any newbie who tried to copy you. Hope you will not ask any to follow your strategy.

I think a newbie can figure by just understanding buy low sell high. I'm not an expert so I don't also know what other traders do but moving averages doesn't help me. RSI however are the ones that tells when to sell and when to buy, this only works to some tokens though.

Newbie should understand trading first, buy low sell high is a good starting point but you have to improve it later on. Some indicators doesn’t work to me as well, and since cryptocurrency is super volatile sometimes your strategy will become different so it should be more flexible that is more related to the trend.

Oilacris

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Quote from: Julunguul on January 28, 2019, 12:46:48 PM

if you practice too often with technical analysis and also remember that in the past 2 years you have experienced many chart patterns that were not exist in the past 1 month. So I think if there are some people who also try to learn like that but don't experience the same market conditions, it will take even longer

Even then if he has a lot of experience but the market is always unpredictable, i wonder how many losses he took over the past 2 years. If people want to experience like that, they need more money to survive in the market like that.
Trading is not that easy as you think, look OP how he got his position right now, it took him 2 years and too many losses until he became professional in his career as long as he never give up.

Newagetech

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👍 👍

romero121

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There is no need of any indicators in trading. Following some indicators and if the user experience a loss he cannot accept it. If the same is done on his own, he'll have the mind to accept it. In this way analyzing ourselves and getting into trade will let the user gain good experience rather than studying someone's trading practice.

Julunguul

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if you practice too often with technical analysis and also remember that in the past 2 years you have experienced many chart patterns that were not exist in the past 1 month. So I think if there are some people who also try to learn like that but don't experience the same market conditions, it will take even longer

pawanjain

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Nothing lasts forever

This is what I believe mate. I do not understand why people fall for those telegram groups with someone giving them fake signals all the time. I do not understand why people depend on someone else with their hard earned money while they should be doing the trading as per their own analysis. Everything takes time and so does trading. Investing the money in a random coin won't help, all you gotta do is learn and improvise.
Once we start to do it, I am sure that we will be able to trade independently. We might loose in the beginning but the victory is for sure in the long run.

bittraffic

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Quote from: oceantiger on January 28, 2019, 09:44:31 AM

You are a veteran and what you are using is technical analysis by observation. Though you may have been doing well with this system, this will ruin any newbie who tried to copy you. Hope you will not ask any to follow your strategy.

I think a newbie can figure by just understanding buy low sell high. I'm not an expert so I don't also know what other traders do but moving averages doesn't help me. RSI however are the ones that tells when to sell and when to buy, this only works to some tokens though.

oceantiger

jr. member

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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.

You are a veteran and what you are using is technical analysis by observation. Though you may have been doing well with this system, this will ruin any newbie who tried to copy you. Hope you will not ask any to follow your strategy.

Topic: Trading Without Using Indicators - page 4. (Read 867 times)