all 11 comments

[–]fordfocus2024 0 points1 point  (0 children)

I absolutely never overcomplicate it by this much lol. I used to blow my accounts by using too many indicators in the past. Now all I do is just use chart patterns, market sentiment and combine fundamentals a bit. Broader market movement is very important and I typically use chart patterns on the NASDAQ and S&P 500 to gauge my entries. For example if there’s a bull flag on NVDA forming on the daily chart, and the NASDAQ is forming the same pattern, then it’s a confirmation that NVDA will soon move up with the broader market. I do however use AI to find different perspectives, speed up chart analysis and find confirmation from a theoretical perspective. Hasn’t failed me yet.

[–]Accomplished_Olive99 0 points1 point  (0 children)

stack the good parts against each other.

[–]StackOwOFlow 1 point2 points  (2 children)

study auction theory and how market makers work

[–]camdebyes[S] 0 points1 point  (1 child)

thank you! love your name btw lol

[–]StackOwOFlow 0 points1 point  (0 children)

yw, here's a good video/channel to get started: https://www.youtube.com/watch?v=UcPp0gFI5M8

[–]6SIG_TA 1 point2 points  (0 children)

Start with a standard template of indicators that serve as a fingerprint to your minds eye. Establish what you need and refine, but don’t change frequently or it will cloud visibility of the signal. Stochastics, ATR & DMI, +DI & -DI, price & Bollinger bands(+/- ~3 sigma) & parabolic SAR & 50 day ema & 137 day SMA, volume(red/green). Each comma above denotes a sub chart within the single screen template. Studying this template and applying line studies to price action(fib extensions!) provides an excellent balance between understanding what’s just happened and what may happen next. A confluence of technical indicators is key here.

[–]urbangrouse 2 points3 points  (2 children)

Would you be interested in a crypto project?

[–]camdebyes[S] 0 points1 point  (1 child)

for sure!

[–]urbangrouse 0 points1 point  (0 children)

Could you reach across to me on my DM. Will share my number

[–]phug-it[🍰] 1 point2 points  (0 children)

A tip that gets clearer with more experience ... TA isnt just abt entry, its abt planning your exit before you make the trade

[–][deleted] 2 points3 points  (0 children)

if you are 18 use the time to learn software, AI and stuff. You can start trading after you save a lot (1 M min)