Common Indicators – Waste of Time?
How long have you been trading?
If you’ve only been trading for a short time, you may have done the rounds with the most common indicators.
Some of these are:
- Bollinger Bands
- MACD
- Moving Averages
- RSI
- ADX
- Stochastics
- and a few more…
The question is, have you used them and made a profit?
Are they really worth the time and effort you put into them?
Do you use them simply because you can’t afford to buy a proprietary indicator which has somehow proven to be the best at picking trades?
Well, I’m going to open your eyes.
The fact is, you can make a good deal of money with just a couple of these common indicators. You don’t need to go out and buy an indicator which promises you riches.
This will help save a little money and will probably get your trading juices flowing.