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Originally Posted by foamgod
I can't imagine myself without indicators -- imagine looking at a graph just as it. One would be more than half-blind!
For me, I will read the news after I have scanned the charts and initiated positions where applicable. News are... entertainment for me.  |
trading naked (no indicators) is the way forward, it allows you to focus on the 3 indicators which i have mentioned above.
in my opinion indicators make you lazy and limit your thinking, i found that when my charts where full of indicators i spent most of my time observing and fixated on these thus restricting my thought process to these rigid mathematical formulas derived from a dynamic market.
getting ride of everything was the best thing i did to improve my trading, all you will see now is a few lines and maybe a moving average.
trading is simple, yes but you still have to think as opposed to waiting for indicators to fire (probably all at the same time signaling what the other is doing in its own respective language).
ultimately choose the indicators which best suits your style and method
kind regards