I've talked to some traders that work for few years now (successfully) about their trading systems.
All of them said me the same thing.... First, you try to find best custom system
and at the end you get back to basic indicators. I've also returned to that as they said.
My opinion is that you can't become successful trader over night by just
finding great custom system, for that you need at least a year working with the same system.
Custom systems work one time and other time they just don't.
This is my conclusion:
"Large" traders use basic indicators (especially Fibonacci) and they move the market.
You just need to see market trough their eyes (use same trading analysis) and play by the rules.
All of them said me the same thing.... First, you try to find best custom system
and at the end you get back to basic indicators. I've also returned to that as they said.
My opinion is that you can't become successful trader over night by just
finding great custom system, for that you need at least a year working with the same system.
Custom systems work one time and other time they just don't.
This is my conclusion:
"Large" traders use basic indicators (especially Fibonacci) and they move the market.
You just need to see market trough their eyes (use same trading analysis) and play by the rules.
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