Trading without indicators

Forums ProRealTime English forum General trading discussions Trading without indicators

  • This topic has 356 replies, 16 voices, and was last updated 2 months ago by avatarshug.
Viewing 15 posts - 256 through 270 (of 357 total)
  • #212650

    I will be uploading a video next week of my trades I took on Friday.  If anyone is interested in becoming a better trader I would strongly suggest watching it, it could be a game changer for you. It might also let you see that trading without indicators as this topic suggests is most probably the best way to procced with your trading adventures.

    Don’t miss it!

    The video will be on YouTube for a while then I’ll take it off again so watch it, process it, save it and then look at your own charts for similar situations to take advantage of.

    This video depicts part of my overall trading strategy  with pinpoint accurate entry’s so if you want similar results to me with your trading then pay attention.

    The trading psychology is also part of my trading strategy so if anyone hasn’t seen it yet then please download it and go over it until its clear in your mind.

    Astute people here will realise when watching the video I’m not using exactly the same system I used for the 500/1000 trades, the reason that should be clear is that I was taking a lot more trades per day than this part alone would allow.

    The final part of my trading system will be available but not right now but this part of my trading system I’m giving in the video should let people see that trading can be simple without indicators and a child of 5 could be taught in less than 5 minutes how to trade.

    You will see I don’t try to predict the market like 99% of traders.

    I follow whats happening with price.

    If it proves me wrong I get out with a very small loss, If it goes my way I get out with big gains, if it goes to gains then reverses I cut my trades to come out winning anyway.

    Very clear entry

    very good signals

    going with the flow of price

    no second guessing

    only 1 thing to look for

    no predictions

    1 timeframe

    fantastic risk reward

    really easy to understand

    good money maker

    Free of charge

    Now this sounds too good to be true and when I see things like this I generally think (sales pitch) bullshit, how much for this trading system? If they had such a good trading system they wouldn’t be selling it let alone giving it out for free.

    I promise you this, you will not find this trading  online because I invented it through a realisation after a very long time of careful analysis of charts and price.

    My results speak for themselves, I have no need to ‘show off’ or prove anything to anyone or to make anyone jealous, my intention was to prove to myself  I could be a better trader if I put a bit of effort in and that effort was achieved by posting results and keeping me on track, it kept me in line and forced me to stick to the gameplan and not to deviate from it. trading psychology is really important please keep that in mind.

    If you don’t believe in yourself or your trading system you won’t get good results its as simple as that.

    If you don’t believe in someone else’s trading system you won’t make money with that either and both require time on the screen in order to strengthen your belief because if you don’t strengthen your belief you won’t trust it and if you don’t trust it, well you get the idea!

    As much as I like to talk, I also like to think and observe, as we grow older we tend to lose that ability to ask questions and be curious with an open mind. Reality hits when you get older and realise its a tough old world out there and a lot more worries creep in  to occupy your thoughts.

    Being over half way there I have came to the realisation that life is just to short, its too short to stay in a dead end job hoping to hit the lotto some day and retire early enough to enjoy a wee bit of life with a healthy mind and body.

    People tend to give up on there dreams and get locked into a crap job they hate but have to do it every day just to ‘get by’ and pay the bills, paying the bills isn’t living life, isn’t creating fantastic memories its not lying on your death bed regretting all the things you wish you done but didn’t get the time to do them.

    You only have 1 life, don’t waste it doing the same old crap you think your stuck with.

    Some people love  there job  but unfortunately that’s the few and the rest would give it up in a heart beat.

    Anyway guys don’t give up, brighter days just ahead.

    take care

     

     

     

     

    4 users thanked author for this post.
    #212820

    https://youtu.be/akT5IuReFjY

    1 user thanked author for this post.
    #212821

    As promised a wee video to help you on your trading journey, hope you enjoy and apply along side your on trading

    2 users thanked author for this post.
    #212823

    Pointers

    When your trading using the above system you will be placing a tight stop loss on every trade, when your stop gets hit exit all positions with your profits, you have the choice how many points stop loss to use. Break up your amount per point to allow yourself to add to your position and follow the move, this way if your first trade goes wrong you will lose very little at a low amount per point, if your second trades stop gets hit you will still be up money with your first trade so very little loss. let profits run, cut losses short, add to position with stops in place and hang on until your last trade you place stop gets hit and exit all other trades with profit. careful I am with big moving announcements and at the open.

    Stick to 1 chart, 5 minutes and get used to looking for opportunities

    2 users thanked author for this post.
    #212833

    trades I’m on now

    1 user thanked author for this post.
    #212835

    still hanging on with 4 trades

    #212837

    33385 tp on all trades

    got good profits, ‘ll look at starting again at trade 1 if opportunity is there if not I;ll leave it

    #212838

    reason for pulling trades

    #212840

    Ha the bars arent even the same on IG! 🙂  See attached.

    Re your bar 1 …

    I’ve got 3 reds, bar 1 then a green.

    You have 2 reds, bar 1 then another red and then a green!

    I know bars don’t have to be to exact same as yours to use the Shug-System, but surprising the difference on DJI at 5 minTF?

    Are you trading against cmcmarkets (as we are with IG) or is cmc a direct-exchange broker (or whatever the term?)?

    #212843

    When I’m on trades I’m always looking left on the chart to find indecision bars for exits and If it looks strong enough I will exit if i have good profits

    #212844

    That’s exactly why I stopped trading with them m8

    #212845

    I only trade CMC markets as I noticed a lot of differences in price movements with them both, What I’m doing works good with cmc but not I.G unfortunately

    If you only have I.G and want to do as I suggest please open a demo with cmc and look at on there

    #212847

    Clear picture

    #212849

    on another 3 buy trades if your not fast your last LOL

    #212851

    TP 33388 OFF AGAIN

Viewing 15 posts - 256 through 270 (of 357 total)

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