I see so much nonsense here and on Twitter. Tons of odd ideas and the weirdest indicators and whatnot.
Just... Place... Trendlines. It is a lil silly to have to say this.
This isnt TA, or Financial Advice. This is Anti-TA. This is me going "Stop falling for all this bs and listening to all these maniacs"
How to trade:
1) Psychology Sentiment: Is the market Bullish/Bearish? What about your timeframe?
2) Trendlines, preferably across multiple timeframes so you have an idea of what's going on.
3) Stops. I use Partial Position stops and Auto-Margin.
Lastly a fib if need be
Horizontal Lines and Fibs are good for "Where I might wanna take profit" - but honestly, momentum and volume has done me better than most silly indicators.
Just... Place... Trendlines. It is a lil silly to have to say this.
This isnt TA, or Financial Advice. This is Anti-TA. This is me going "Stop falling for all this bs and listening to all these maniacs"
How to trade:
1) Psychology Sentiment: Is the market Bullish/Bearish? What about your timeframe?
2) Trendlines, preferably across multiple timeframes so you have an idea of what's going on.
3) Stops. I use Partial Position stops and Auto-Margin.
Lastly a fib if need be
Horizontal Lines and Fibs are good for "Where I might wanna take profit" - but honestly, momentum and volume has done me better than most silly indicators.