The above basically epitomizes why most traders fail.
It's true, a lot of people on the forum have some very complex looking charts. In many cases, I don't agree with those charts or the interpretation that many users come away with. This is primarily due to most of them trading extremely tiny time frames, in my opinion.
There is middle ground. Somewhere between using a stochastic or "secondary indicators" which is on the completely naive side of the spectrum, and on the overly complex side with glowing charts with a million lines on them.
Based on your prior posts it seems to me you are likely an older gentlemen that is extremely set in his ways. Fine, there is no argument from me about that -- it's nature. However, it's also largely in direct conflict with learning the skills to be a successful trader.
You'll have to decide what your goal in the market is. If the goal is to have a hobby, then more power to you and have fun while you are at it. However, if the goal is to make money, then you need to basically throw out whatever you are looking at today, and start educating yourself. There are 200 webinars on futures.io (formerly BMT) and countless good threads loaded with information. I'm willing to bet you are unwilling to spend the time to watch/read that material, which again is totally fine, just make sure you've set proper expectations that trading is only a hobby for you to past the time.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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