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RE: TRADING MINDSET - MARKETS MOVE IN THE PATH OF LEAST RESISTANCE

in #cryptocurrency7 years ago

Great! No one is very certain which way the market will go but with the indicators, one could assume market direction from previous market behaviour. At least humans are predictable to some extent

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Do you trade with indicators? As indicators are lagging, mathematical equations from price, i prefer to go straight to the source and just trade off price action. Combined with support/resistance levels formed by human reactions, I find this works best for me.

I trade with every tool i consider helpful to me cos Even the best of technical analysis can go bad. Every trader has lost before but being 85% precise is key.