Daytraders, When was the last time you stripped down to a naked chart and traded without indicators?

Discussion in 'Technical Analysis' started by easymon1, Jul 9, 2020.

  1. padutrader

    padutrader

    why? the method that is mentioned is indeed a classic and though i have never used it ,i respect all iconic methods no matter how well known or jaded
     
    #31     Jul 15, 2020
  2. Bugsy

    Bugsy

    Perhaps that's a good thing. If it were easy then anybody could do it and then that edge would be nonexistent. I think perhaps that is why a person would need to thoroughly enjoy the challenge of a skill like daytrading that takes even the best many many years and many many losses before they even begin to taste success. I think I saw the failure rate at something like 96%, and that only 1% truly enjoy a high rate of success.
     
    #32     Jul 15, 2020
    padutrader likes this.
  3. padutrader

    padutrader

    i do not doubt it.

    but i do not think the Devil is trading.......the overall success rate for any activity is not much different.

    and do not forget that if everyone is successful..........then that is not success.......
     
    #33     Jul 16, 2020
    Bugsy likes this.
  4. Mercor

    Mercor

    [​IMG]
     
    #34     Jul 16, 2020
    KCalhoun likes this.