Number 1 Loser Rate - Why Trading Moving Averages Fail - Myreviewsnow
MyReviewsNow the purpose of this article is to rely on the moving average. Traders are trading strategies in terms of alternative. It is an alternative opinion on the main issue of traders have lost day after day without seeing the core of the problem. This is the main point of the store. If you want to get a different result. Then, is to show things in a different way. Most of you will not like what i'm about to say. But this is the harsh reality of commercial markets. I know many of you are using the most popular market indicator (moving average - ma). What you will notice is that the loss of our market.
# 1. Do not get me wrong. MyReviewsNow all indicators are losers. But leading position in ma. Here's the bottom line. Indicators are not really a problem. These are the instructions that come with them and the people who use them are the problem. Take, for example, ma. This is by far the most humble indicator in the world. It has lost a lot of money. So it should be illegal to use it. Incidentally, no one seems to realize that. Most trading systems on the market following the wisdom of the strategy of cross ma. 90% of the trading system has some sort of past ma program. MyReviewsNow most of the indicators (macd.
Stoch, adx, cci) is build around the concept of. This is the reason that all the indicators or ea (automated trading system) is generally garbage can. Yes, i said it. They are all rubbish. What is the reason for the failure over the pa? looking at the ma or any indicators based on a ma is to be understood that the price does not matter where your ma for current price. The market does not care about the ma point. Or if your indicator is overbought or oversold. Ma cross happens too late for an entry and usually when you see the cross and ready to put on a trade. The price will reverse direction. Tadah! time and again. And you wander why? you did watch your business plan as you were taught. MyReviewsNow but there was a different number. Disappointment? no, it's more than. Having said all that. Where a trader does not want to turn to for help? the truth is that no one can help you because the answer is too simple for you to accept and follow. Nobody can help you except for yourself. For example: trade against everything i've learned in class forex trading. I ikakalakal against all books. Technical gurus, the tv. The market analysis, news. Although the trend. Yes, i am trading against the trend. It makes no sense to them because i was not talking about trading most traders away from what i have to say that i'm.
MyReviewsNow
Others will hate me for making money trading against all the rules that the market "gurus" preach. I threw some stones and soil to process what i'm going to share and. This should be fun to watch and read the comments and i will be making. Sit back and relax as i unleash my sac of truth. Here is how i act. I only buy low and sell high using my naked eye and simple support and resistance levels. I do not use ma crossing. I passing is used bad. Below is the summary of what i do (and i support trade without indicators) 1. I do not do any analysis on the weekends or days before. When i open my chart i look at the daily time frame. I'm not too concerned about all these technical analysis. MyReviewsNow they are too vague and too boring. So i might be wasting my time. As you may already know. Most of you will end up on the wrong side of trades. Therefore, the foreign exchange market does not follow the technical analysis. When it comes to my money. Why should i?. I have a medium-term trend from the n4 and n1 to see where the prices compared to the previous price action. This is easy on your eyes naked. There is no need for expensive slider. What others are doing if you like. Then click references. MyReviewsNow drop the 200 ema your charts and say to yourself. If the price is above 200 ema. The trend is, and if the price is lower than the downward trend. Oh, and do not forget to note where the supreme court pointed. 3. I look at where the price is set in relation to the highest point on the chart and the lowest point. MyReviewsNow is the new guy. It means the highest price was before returning back to the lowest price. Before returning back to the top. Also called swings. You can do all this with your naked eye. 4. I'm waiting for the price to reach my level to take trade. 5. I have to use 60m and 5m in place real support and real resistance. All my records are on schedule m5. Except once, when i apply specific strategies on the m1 chart. 6. A risk only less than 2% of my account on any trade. Almost all of my stops are 10 points or 10 ticks. 7. I follow my stop-loss rules. Let the market do the work. And yes, sometimes i do trade even without all these things described above. Just be there at the right time with the right order. Sometimes i'm lucky to achieve my goals in the first 5-10 minutes of the trial. This does not happen every day. But it happens quite often mention it. With no. So if you want to learn a trade. You have to get rid off anything that chart clutters.
# 1. Do not get me wrong. MyReviewsNow all indicators are losers. But leading position in ma. Here's the bottom line. Indicators are not really a problem. These are the instructions that come with them and the people who use them are the problem. Take, for example, ma. This is by far the most humble indicator in the world. It has lost a lot of money. So it should be illegal to use it. Incidentally, no one seems to realize that. Most trading systems on the market following the wisdom of the strategy of cross ma. 90% of the trading system has some sort of past ma program. MyReviewsNow most of the indicators (macd.
Stoch, adx, cci) is build around the concept of. This is the reason that all the indicators or ea (automated trading system) is generally garbage can. Yes, i said it. They are all rubbish. What is the reason for the failure over the pa? looking at the ma or any indicators based on a ma is to be understood that the price does not matter where your ma for current price. The market does not care about the ma point. Or if your indicator is overbought or oversold. Ma cross happens too late for an entry and usually when you see the cross and ready to put on a trade. The price will reverse direction. Tadah! time and again. And you wander why? you did watch your business plan as you were taught. MyReviewsNow but there was a different number. Disappointment? no, it's more than. Having said all that. Where a trader does not want to turn to for help? the truth is that no one can help you because the answer is too simple for you to accept and follow. Nobody can help you except for yourself. For example: trade against everything i've learned in class forex trading. I ikakalakal against all books. Technical gurus, the tv. The market analysis, news. Although the trend. Yes, i am trading against the trend. It makes no sense to them because i was not talking about trading most traders away from what i have to say that i'm.
MyReviewsNow
Others will hate me for making money trading against all the rules that the market "gurus" preach. I threw some stones and soil to process what i'm going to share and. This should be fun to watch and read the comments and i will be making. Sit back and relax as i unleash my sac of truth. Here is how i act. I only buy low and sell high using my naked eye and simple support and resistance levels. I do not use ma crossing. I passing is used bad. Below is the summary of what i do (and i support trade without indicators) 1. I do not do any analysis on the weekends or days before. When i open my chart i look at the daily time frame. I'm not too concerned about all these technical analysis. MyReviewsNow they are too vague and too boring. So i might be wasting my time. As you may already know. Most of you will end up on the wrong side of trades. Therefore, the foreign exchange market does not follow the technical analysis. When it comes to my money. Why should i?. I have a medium-term trend from the n4 and n1 to see where the prices compared to the previous price action. This is easy on your eyes naked. There is no need for expensive slider. What others are doing if you like. Then click references. MyReviewsNow drop the 200 ema your charts and say to yourself. If the price is above 200 ema. The trend is, and if the price is lower than the downward trend. Oh, and do not forget to note where the supreme court pointed. 3. I look at where the price is set in relation to the highest point on the chart and the lowest point. MyReviewsNow is the new guy. It means the highest price was before returning back to the lowest price. Before returning back to the top. Also called swings. You can do all this with your naked eye. 4. I'm waiting for the price to reach my level to take trade. 5. I have to use 60m and 5m in place real support and real resistance. All my records are on schedule m5. Except once, when i apply specific strategies on the m1 chart. 6. A risk only less than 2% of my account on any trade. Almost all of my stops are 10 points or 10 ticks. 7. I follow my stop-loss rules. Let the market do the work. And yes, sometimes i do trade even without all these things described above. Just be there at the right time with the right order. Sometimes i'm lucky to achieve my goals in the first 5-10 minutes of the trial. This does not happen every day. But it happens quite often mention it. With no. So if you want to learn a trade. You have to get rid off anything that chart clutters.