i’ve noticed a lot of ppl spending hours adding ten different indicators to their chart only to end up confused. they call it doing due diligence but in reality they’re just paralyzed by too much data. when u have five different signals telling u five different things u’ll never actually click the button.
the laise for a pro is to keep it simple. price action and volume tell u everything u need to know. any indicator is just a lagging version of the price anyway. larning to trust a clean chart and a strict set of rules is how u stop the overanalysis and start making money.
do u guys use a lot of indicators or u’re more of a naked chart trader? lmk if u’ve ever missed a huge move because u were too busy checking a third indicator.
I use 4 different indicators, you may find it confusing, but I’ve been using It last three years, so I completely know what is happening. More information, more win rate.
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3 years is a decent run but let me ask u this. are those 4 indicators actually giving u different data or are they just 4 different ways of calculating the same price action?
most indicators are just derivatives. if u have 4 of them, u dont have “more information”, u just have more noise. the real edge isnt about how much info u have, but about the right info.
smart money doesnt use a dashboard of 4 indicators to enter. they look at where the lqidity is and where the structure shifts. if ur win rate is good now, that is great, but ask urself if u r actually reading the market or just following a lagging formula. ngl the moment u stop relying on indicators is when u actually start seeing how the market moves. fr.
fair enough bro😅 but 3 years of using them and they work for me, so why fix what ain’t broken? everyone has their own way of reading the market