yes it's true we can use support and resistance techniques with open positions waiting for the right candle
Can trading without using indicators generate profit ?? what needs to be considered if trading without using indicators?
Traders who use indicators as analytical materials use to help read price patterns in the forex market, actually without indicators they can also have skills and experience in that field, traders who trade without indicators or naked traders also use indicators that show candlesticks. The point is we use indicators as a tool to look for patterns that usually make the price direction as it was before.
I am including that type of trader. traders without indicators can make a profit? can, and maybe. I began to learn about it and began to practice it. the results are still volatile.I learned from price action, price patterns and deepening the candle stick pattern.
Amazing...!! trading without using indicators holds that you are a long time in the forex business. I still use the help of indicators to observe movements in the market and that makes me comfortable in trading.
I still have a lot to learn, actually it's the same, whatever the technique our goal is profit. the important thing is that the technique is comfortable for us, and profitable for us, continue.learn one technique, continue to support with good psychology and MM
Money management is very important for our trading needs, sir! but sometimes it is difficult to apply money management in trading, I am more inclined to not be able to control myself while on the market.
so am I. sometimes I fight rules that I make myself. but what do i get? the loss I got.well, a little share before you start the trade, prepare your own plant. for as comfortable as you, as much as possible do not be violated. the plant must include your money management. For example, the profit is in accordance with the plant, so we are done, do not trade again. when leaving the market, it must also be in accordance with the plant. even a loss.self discipline. I also still learn to self-discipline;D
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