🏅Get successful with Indicators
A true Story!
Successful vs Unsuccessful
Traders that find value in indicators:
They know that no indicator is perfect and cannot be followed blindly. Indicators are used to find confluence and to confirm your trade idea/analysis.
They see indicators as a tool that can help to identify market patterns, Trends, etc.
They do the hard work by analyzing the market before entering into a trade.
They have a clear strategy and risk management process in place that they follow.
They know that they don't gonna get rich on the next 10 trades, they think long-term.
They take their losses and move on to the next trade.
They have developed the right mindset and attitude.
Traders that Don't find value in indicators:
You think that an indicator can predict a Top / Bottom or a Trend perfectly every time in any market conditions and timeframes.
You think that indicators work for you and that you can follow them blindly.
You think that you can trade successfully without analyzing the market.
You don't have a clear strategy in place or are not willing to find one.
You don't have a proper risk management plan.
You think that you're going to be rich on the next 10 trades.
You don't have the fundamental knowledge about trading, such as, Support/Resistance, psychological levels, Breakouts, Trend, Trendlines, Price action, Stop loss, Target, etc.
You have to do the hard work to get successful.
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