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Old 09-09-2006, 02:53 PM
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Soultrader Soultrader is offline
Soultrader is focusing on discipline.

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tradergap, read through the posts on the forums and you will see that some traders here rely soley on price and nothing else. Trading indicators can be profitable but what are you going to do once they no longer work?

Price is king. Market conditions change everday and that is why system trading must be tweaked constantly. Once you learn to trade price, you will be light years ahead of the game compared to other traders.

I have also heard of that stochastic tactic but I highly doubt it is a good system to follow. If every single indicator in the world showed bullish signs, the entire world must be a buyer. Who is left to buy?

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