Trading Without Indicators – Who is it for?

September 16th, 2008

It takes a certain kind of person to be able to get rid of all the indicators on their chart and just trade off of price movement.  It takes somebody who can think outside the box.  It takes the kind of person who is not afraid to learn. Most of all it takes a kind of person that actually wants to know about the market, not just trade it.  Trading Without Indicators is one of the gutsiest moves a trader can make and it pays off for most of them. The reason it does, is because they get out of their comfort zone.  All, indicators ever do for traders is give this false sense of security, in that they think all the answers are in stochastics, and that is simply just not the case.

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Entry Filed under: Business

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