I see so many people on here make crazy predictions drawing imaginary lines and telling the masses what price will be a good buy and to sell. Most of the time they are wrong and love to play the guessing game while acting like hotshots trying to call the next big play. I see this happen with accounts that have huge followings and honestly it's really sad.
We are all entitled to our own opinions and doing our own TA but what if their was a way to eliminate all of the guess work?
What if trading didn't have to be so complicated?
What if you could wake up turn on the chart and know if you need to buy or sell in the matter of 5 minutes without all the complicated time consuming TA?
I started off as a daytrader and honestly it hurt me more than it showered me with rewards.
I was stressed, irritated, greedy, impatient and i felt like quitting.
It was a constant battle with the charts and i could understand why being a trader is one of the hardest jobs in the world.
I never gave up.
I had to learn to step away and approach the markets with a new approach.
If you can control being patient and not being greedy I am here to tell you that YOU CAN BEAT THE MARKET!!!
Everybody comes into this seeing so much opportunity on the small time frames and they put the large time frames to the side.
When i say large i mean the weekly, 15day, monthly.
That is because most people are impatient and greedy and want to capture every move. Everybody wants to get rich overnight and treat it as a get rich quick scheme.
I'm sorry to say it but only a very small select few can beat the markets daytrading... VERY FEW.
Otherwise most daytraders blow their accounts and never return.
I look at daytrading as gambling
Swing trading as investing.
With the bigger moves it will take more time but think of your funds to have more security and more opportunity to make you money over time.
This has worked SO MUCH BETTER for me since i quit daytrading.
The charts run smoother, cuts out most noise, easy to spot buys and sell... way less stress.
If you can overcome your emotions and learn how to be patient and not greedy you have already won half of the battle.
Now all you have to do is 1 more thing, use my 1 indicator that I use.
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot -0.90% appears you buy, if a green dot -0.90% appears after that green dot -0.90% you hold your investment.
if a red dot appears you sell your position. easy as that.
the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
shorter time frames will be choppy.
larger time frames will be smooth.
*Daytrading smaller timeframes is possible but not recommended.
Your emotions is 50% the other 50% is this 1 indicator.
I quit all of my other strategies that i use to use and now i only use this 1 tool.
when we apply this to the timeframes, the bigger timeframes. We will get the right signals when to buy and when to sell in the markets.
We are buying and selling off the probability of the dots.
My main method is to wait for a green dot -0.90% on the 15day confirmation to help identify a bull market. if i get the 15day green than i can enter for example a 3day chart and scalp the bull market till i get a red dot printed on the 15day.
Message me if you would like more info on this indicator or more details on ways to use it. I am all ears and here to help you out. Take care. Happy trading.