"The only way to win the game is not to play." - B. S. Miller![](https://resources.faireconomy.media/images/emojis/64/270c-fe0f.png?v=15.1)
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DislikedIgnored
DislikedLooks like it may go south on me anyway. Moved my stop/loss up to cover my ass, and let it play out. Live and learn.Ignored
DislikedHi calistokid, Hang in there dude you will have to find what works for you.
I trade the H4 charts with nonlag dots, and BB stops along with RSI candles. It is easy to see a trade set up and not hard to decide when to enter.
See my chart attached. It works for me but may not for you.
It is not hard, when all green lines up go long, when all red lines up go short. LOL Good luckIgnored
QuoteDisliked"I don't have Meta Trader 4"
DislikedHi calistokid, Hang in there dude you will have to find what works for you.
I trade the H4 charts with nonlag dots, and BB stops along with RSI candles. It is easy to see a trade set up and not hard to decide when to enter.
See my chart attached. It works for me but may not for you.
It is not hard, when all green lines up go long, when all red lines up go short. LOL Good luckIgnored
Dislikeddrop your indicators. They are a derivative average of price which makes them lag. It's gonna be really difficult to make money on something which is based on the past.Ignored
DislikedI wouldn't totally drop the indicators but instead learn exactly how they work in and out so you can identify when they are applicable and when they are not. Learn the nuances of it. You should be able to have an idea of what the indicators are showing without them on your screen. In other words, they should be there to supplement your reads only and to save you from eye strain. I'm a total beginner as well, and I rather take in everything first and then slowly drop what I feel is not working for me.Ignored
DislikedThat's kinda the impression I've gotten from all the books I've been reading. It's just really overwhelming. There are so many different indicators and each one means something different. And, of course, every trader I talk to swears by a different one. I guess my real question has more to do with the process rather than the details. You know, like when I screw up and lose money, how do I figure out what I did wrong? Is there some technique to figuring out what works? Or do I just pick and indicator, learn how to use it, and see if I like...Ignored
DislikedGet real, either accept that it will take years and for some even decades or get out of that game right now.Ignored
DislikedI've been reading every book I can get my hands on. They all say I need to develop my own trading strategy. But, they never say how.Ignored
Disliked... There are tons of great trading strategies here at FF. Review them, try them - you will notice that sometimes you will only want to take some of the components of some of the systems and eventually you will take these components and create your own strategy, which will suit you the best.Ignored