2009.02.03 THERE IS NO TRICK TO THIS!
Posted: Tue Feb 03, 2009 11:31 pm
2009.02.03 THERE IS NO TRICK TO THIS!
For some reason, traders keep asking me about this indicator, that indicator, this system, that system, etc...
The MINDHERO seems to the be the new hot indicator. Traders wanted to know how it works... IT DOESN'T MATTER!!
First, THINK ABOUT THIS, if any indicator or system "worked", then it is just a matter of time before it corners the market.
Trading is a GUESSING GAME. You might as well shuffle the deck and guess if the next card is red or black.
There is skill involved in trading but you never really know if the next tick is going to go your way or not.
So, I just stick to the H1 candle color and HORIZONTAL LINES. They seem to work OK.
For some reason, traders keep asking me about this indicator, that indicator, this system, that system, etc...
The MINDHERO seems to the be the new hot indicator. Traders wanted to know how it works... IT DOESN'T MATTER!!
First, THINK ABOUT THIS, if any indicator or system "worked", then it is just a matter of time before it corners the market.
Trading is a GUESSING GAME. You might as well shuffle the deck and guess if the next card is red or black.
There is skill involved in trading but you never really know if the next tick is going to go your way or not.
So, I just stick to the H1 candle color and HORIZONTAL LINES. They seem to work OK.