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Originally Posted by bubble
Money management my a** if it were that simple then we would all be millionaires, the truth is most of us think that we are going to find the magic indicator press the button and hey presto we can now call ourselves traders.
Price action rules, 98% of wannabee traders couldnt, cant ,wont and dont want to learn.
All indicators are meant to be an aid to trading to help us make decisions faster without having to make the calculations or drawings manualy.
Learn to read the charts people and then find some indicators that aid in reading them not the other way round ie take a bunch of indicators and make them fit then call it a system .Systems are for losers .
bubble
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Form your language, I can tell you are a
loser.
I am trading for living, you don't need all the fancy indicator, all you need is to know the fib levels, S and R and go with the trend, if you can control your MM, and trade the 4H and the daily charts, then you will be with the 2% who wins.
finally you need trade with a bank not a broker
Or you can listen to the 98% losers.
Keep it simple