indicators!! as useful as a polished turd
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Trader333
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Paul.
I respect you, as a poster, and you've helped me out in the past....
But....
How have you come to this?
You're just being awkward, are you not?
Who? Who uses them? I've not got an attitude toward indicators yacarob, i just think they are placebo, useless and not called for.
That is your opinion my friend.
Others may disagree.
Have a nice evening.
BTW, I know of at least 2 very successful traders who occasionally post on T2W.
They both use a 10 period EMA superimposed on their price charts, as I do myself.
A 10 period EMA is an indicator is it not ?
I must say that I find it exceedingly useful.
Others may disagree.
Have a nice evening.
BTW, I know of at least 2 very successful traders who occasionally post on T2W.
They both use a 10 period EMA superimposed on their price charts, as I do myself.
A 10 period EMA is an indicator is it not ?
I must say that I find it exceedingly useful.
I also find the use of indicators rather useful when driving my car.
They may be secondary to the immediate road action but they are of great use in averting tragedy.
A useful analogy maybe ??
Must go, my beer alert has just gone off....it must have hit the pre-set temperature.
Temperature......another indicator which prevents me from throwing up if the beer is too warm.
Ciao
They may be secondary to the immediate road action but they are of great use in averting tragedy.
A useful analogy maybe ??
Must go, my beer alert has just gone off....it must have hit the pre-set temperature.
Temperature......another indicator which prevents me from throwing up if the beer is too warm.
Ciao
fibonelli
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Here are three successful traders using indicators as well as price analysis. :whistling
Coast Investment Software Inc.
Joe Di Napoli
TomDeMark.com
Tom Demark
John Carter Day Trader: Futures, Stock, Options and Currency Trading
John Carter
Great, i may subscribe to one of the sites, what other secrets do they have in store? Isn't Google a great trading device.
Atilla
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I use them!
Why?
As for the sites/traders that Fibs posted, who supposedly use indicators,...
What's going to sell?
If a potential subscriber is going to think that they are learning, then let them believe it's easy, it's the indicators....that everyone has access to. Don't offer anything remotely hard to learn to some lazy basturd, who trawls the net for easy money or answers to trading.
Trader333
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Paul,
Position sizing strategy is of critical importance in my view to reduce risk when entering a trade. This cannot be determined by observing price action alone. You asked a question and I gave an example of where I would use an indicator to help me trade.
Are you now trading using price action only and if so how are you finding it ?
Paul
Position sizing strategy is of critical importance in my view to reduce risk when entering a trade. This cannot be determined by observing price action alone. You asked a question and I gave an example of where I would use an indicator to help me trade.
Are you now trading using price action only and if so how are you finding it ?
Paul
Crap Buddist
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What does price show?
Thats an answer that some people are looking for.... Then maybe knowing this they can use the price as their indicator ??
ehh,what......the... do some people use price as an indicator? is it one then?
**** this ,I'm hitting the JD.....
Thats an answer that some people are looking for.... Then maybe knowing this they can use the price as their indicator ??
ehh,what......the... do some people use price as an indicator? is it one then?
**** this ,I'm hitting the JD.....
Hi Paul.
Yeh, i agree, correct position sizing is critical, and it differs between individuals.
I use the DOM for order entry, i use brackets and limits. I run a 1 and 5 min chart just to keep me in check.
How is Grey1 doing these days?
There are literally a handful of traders on this forum who have actually proved that they can trade profitably through endless realtime trade calls (Devilicus, Firewalker and Dinos spring to mind)
Grey1 posts lots of balance statements and also realtime calls via free trading seminars, I beileve.
I think that Grey1 and Devilicus use indicators in their trading. Dont think Firewalker does. Not sure about Dinos.
Im sure indicators must have their uses...Guess you've just gotta know how and when to use them.
Grey1 posts lots of balance statements and also realtime calls via free trading seminars, I beileve.
I think that Grey1 and Devilicus use indicators in their trading. Dont think Firewalker does. Not sure about Dinos.
Im sure indicators must have their uses...Guess you've just gotta know how and when to use them.
Trader333
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I was never aware that he ever traded breakouts maybe you could elaborate ?
For me trading is about profit and I don't care if it is boring
The strategy used by Grey1 is probably the most consistently successful one I have ever come across and is based more on cycle analysis than anything else.
Paul
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