How many indicators are on your charts? | Traders Hideout - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons


How many indicators are on your charts?

  #51 (permalink)

Super Moderator
Sarasota FL
Trading Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES, YM
bobwest's Avatar
Posts: 5,160 since Jan 2013
Thanks: 40,007 given, 17,487 received

Indicators are not going to make anyone a successful trader, nor is not having indicators, nor is anything else besides what is in the trader's head: how he/she puts what's on the chart to use.

Long-time members of FIO have seen many, many ways of trading being carried off successfully, and many more being unsuccessful. This includes any imaginable (and some unimaginable ) combinations of indicators and techniques, as well as trading on a bare chart with just price and volume, or even just price by itself. Some have worked well, many have not, and the deciding factor is really never what is or is not on the chart.

When you have a way of grasping the market that clicks for you, then you can start to make headway. Other people may have the exact opposite, and what they have may work for them.

This upsets people who think they need to find something "out there" that will make them trade well. I also upsets people who have found something that works for them, and think it's the only thing that can work, for everyone.

This is really a very individual game, and the burden is on the trader, not the methodology.


Visit my futures io Trade Journal Reply With Quote
The following 14 users say Thank You to bobwest for this post: