ali200 Posted November 8, 2013 Report Share Posted November 8, 2013 Since then i have several blogs of experts and most of them indicate that the analysis is simple and not too many indicators or strategies to use for a trade. That makes it sometimes confused with a good signal and transactions often ends with loss to find. So what do you guys think about this? http://www.forex-metal.com/affiliate/46199/2 Quote Link to comment Share on other sites More sharing options...
mak123 Posted November 11, 2013 Report Share Posted November 11, 2013 Exactly I completely agree with this having too much signals or indicators and strategies is just a way of getting confused ourselves especially newbie is always suggested with having only one or two indicators hardly and strategy as well. as by this we can concentrate well. Quote Latest Forex news Link to comment Share on other sites More sharing options...
Gaban Posted November 12, 2013 Report Share Posted November 12, 2013 I think, sometimes simple is better. If we are too many indicators, the results will be less good. we will not focus on our account because of too many indicators. and in my opinion, the indicator is simply a tool for us to perform trading analysis. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
binaryowner Posted November 12, 2013 Report Share Posted November 12, 2013 Indeed, too much indicators just complicate market predicition because of contradictory results. More reasonable to find the most informative and suitable for your trading strategy to achieve best results. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted November 13, 2013 Report Share Posted November 13, 2013 Use too many indicator will make us confused. i just use one indicator to trade with Armada Markets. I try to maximize it , surely i also improve my trading skills to make more maximal profit, try to discipline when trading. Quote Become IB on TICKMILL Link to comment Share on other sites More sharing options...
Gaban Posted November 13, 2013 Report Share Posted November 13, 2013 Use too many indicator will make us confused. i just use one indicator to trade with Armada Markets. I try to maximize it , surely i also improve my trading skills to make more maximal profit, try to discipline when trading. I agree with you, using many indicators will only make us become confused. We will have difficulty in doing the analysis. Therefore, I prefer trading using a single indicator. I find it easier to analyze the price. So the result will be maximal. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
mak123 Posted November 14, 2013 Report Share Posted November 14, 2013 Use too many indicator will make us confused. i just use one indicator to trade with Armada Markets. I try to maximize it , surely i also improve my trading skills to make more maximal profit, try to discipline when trading. Agree with this using too many indicators confused us and create many problems so it is always better to have only one or two indicators and focus well. Quote Latest Forex news Link to comment Share on other sites More sharing options...
masepek Posted November 15, 2013 Report Share Posted November 15, 2013 Using one or two simple strategies that we understand and master it properly, much better than using a lot of strategy / indicator that we do not understand. I only use the support and resistant to trade with my trading account in galleass, although my capital is not big but I was able to generate profits with this simple system. Quote Bonus hunter Link to comment Share on other sites More sharing options...
Gaban Posted November 15, 2013 Report Share Posted November 15, 2013 Yes, and therefore, I use an indicator. if we can understand the indicators that we use the results will be good. for beginners I think it's better to use a single indicator as long as we can understand the indicators that we use. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
⭐ kaito kid Posted November 18, 2013 Report Share Posted November 18, 2013 Yes, and therefore, I use an indicator. if we can understand the indicators that we use the results will be good. for beginners I think it's better to use a single indicator as long as we can understand the indicators that we use. I agree, most use technical indicators understood by traders in predicting price movements. other than that, do not forget the fundamental news that could make a significant move in the price. One of the fundamental reference news, which I use is www.fxbazooka.com Quote Link to comment Share on other sites More sharing options...
mak123 Posted November 22, 2013 Report Share Posted November 22, 2013 Forex is already to complex to understand and trade well is a difficult job therefore one should try to have simple trading and simple trading system as much as one can. and try to make it smooth so as so avoid confusions. Quote Latest Forex news Link to comment Share on other sites More sharing options...
Gaban Posted December 4, 2013 Report Share Posted December 4, 2013 Sometimes simple is better. because with simple we can maximize our trading. Such indicators. Too complicated indicators that we use the results will be less than the maximum. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
mak123 Posted December 5, 2013 Report Share Posted December 5, 2013 Yes it is very important that we must have good and simple trading system because as simple as trading system we opt we can able to trade smoothly.. so we need to advance but simple trading system. Quote Latest Forex news Link to comment Share on other sites More sharing options...
Gaban Posted December 11, 2013 Report Share Posted December 11, 2013 and do not forget we also have to be disciplined. With a disciplined trading strategy then we will get the maximum results. useless we have a good trading strategy but could not discipline. Quote www.instaforex.com Link to comment Share on other sites More sharing options...
Tanzil Al Banna Posted May 18, 2016 Report Share Posted May 18, 2016 Of course, simplicity is the main strategy of success here. That’s way, I only use one custom indicator of TradingBanks in my live chart. This custom indicator helps to understand market flow. On the other hand, I track market trend manually by using horizontal lines. Thus I do my live trading and definitely I am happy on my live trading performance. Quote https://www.tradingbanks.com/ Link to comment Share on other sites More sharing options...
Mark Burmester Posted May 19, 2016 Report Share Posted May 19, 2016 Keeping things simple is very crucial and can make massive difference to how we work, I believe when we’re calm and keeping things simple, we will automatically find brokers coming easier. This is why I love to trade with OctaFX broker; it’s a wonderful company especially with their rebate program where I am able to earn 15 dollars profits per lot size trade, so with such earning I don’t think it’s required for me to be aggressive or doing anything out of the box. Quote Link to comment Share on other sites More sharing options...
ahmadvipro Posted June 1, 2016 Report Share Posted June 1, 2016 By keeping our trades simple, means we are actually focusing not on how much we are earning, but how consistent are we in earning those profits. Most that thinks complicated trading would be a good solution is caused by the mindset which aims for the amount of profit one could earn, not about being consistent. Now I try to use the concept of trading is simple to utilize custom indicators using ECN account in vipromarket  Quote Link to comment Share on other sites More sharing options...
Gaban Posted June 6, 2016 Report Share Posted June 6, 2016 Mindset greatly affect the outcome of our trading, therefore we need to have a good mindset in forex trading that will allow us to trade with the maximum. Trading with a good mindset then we can manage capital wisely so that the advantage we can get. Forex is very risky so it should not be complicated, we have to think simple in forex trading Quote www.instaforex.com Link to comment Share on other sites More sharing options...
Dani Kogel Posted July 12, 2016 Report Share Posted July 12, 2016 Forex trading is not really simple because it is the biggest financial market in the world with high risk. Nevertheless when the needed or required knowledge and experiences are acquired through hard work or from a professional willing to assist. The Foreign Exchange Trade Academy provides high quality, practical, professional online education for any level of traders. I have learnt lots of things like tricks, understand market news and charts, and following the Trends properly with their courses. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted July 22, 2016 Report Share Posted July 22, 2016 In forex trading, then to get success then we need to learn and practice many trading well. success in forex is not easy therefore, to be successful we need to be able to continue to improve the skills of good trading  Quote Become IB on TICKMILL Link to comment Share on other sites More sharing options...
ahmadvipro Posted July 22, 2016 Report Share Posted July 22, 2016 we do need to use a system with a good cause so that we will be able to trade with the maximum and comfortable. we need to understand the system well in a demo account Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 28, 2016 Report Share Posted September 28, 2016 It should be understood that this is a forex dealer in a high-risk business, the ability of traders in market analysis and implement a profitable strategy must also learn to conduct intensive training always, forex is easy and requires mental strength and dedication, but also need to be relaxed in dealing Quote Become IB on TICKMILL Link to comment Share on other sites More sharing options...
JohnDyson Posted September 28, 2016 Report Share Posted September 28, 2016 Yes, it’s no question that we are definitely at better bet if we go with safe approach, as I believe the risk factor is just too much otherwise especially if we are just starting up our career. I always play it safe and keep it simple, it’s seriously helpful with a broker like OctaFX since they are all very special with having low spreads from 0.1 pips to high leverage up to 1.500 plus there is also deposit bonus which is up to 50% and is use able too, so all these factors makes things ever easy and really allows us to work with ease, so that really helps up with getting solid rewards and allows us to be entirely comfortable with things. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted October 8, 2016 Report Share Posted October 8, 2016 we do not be too concerned about the volatile market conditions, the optimization of the existing opportunities, profit will be able to reach. by optimizing our trading capabilities will be trained with a demo account or accounts TICKMILL existing contest Quote Become IB on TICKMILL Link to comment Share on other sites More sharing options...
ForexMartTrader Posted March 3, 2017 Report Share Posted March 3, 2017 You first need to have a working profitable  forex trading strategy before  you work to keep it simple. There is no point in having a simple strategy that does not work. A profitable strategy is at best when kept simple. Quote https://www.forexmart.com/register?id=ZERJM  https://www.facebook.com/ForexMart Link to comment Share on other sites More sharing options...
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