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I learned by watching the market like 12h+ daily. At first i simply watched Youtube and was copying other peoples Strategies. I used MACD and MA/EMAs back then mostly. I use no indicators now.
I read no Books at all, so i cant recommend you any.
I learned by watching the market like 12h+ daily. At first i simply watched Youtube and was copying other peoples Strategies. I used MACD and MA/EMAs back then mostly. I use no indicators now.
I read no Books at all, so i cant recommend you any.
This is how you should view 1 Min charts:
Its like learning a new language just by listening, at first its just a lot of noise which makes no sense to you, but then you start to recognize reactions to this noise. And at one point you start to filter out words (Pattern to trade)
Its like learning a new language just by listening, at first its just a lot of noise which makes no sense to you, but then you start to recognize reactions to this noise. And at one point you start to filter out words (Pattern to trade)
What helped me the most besides time invested, was to lose fear of trading.
1) Finding the size i am confortable losing 10 times in a row.
2) Having a plan on how to recover it this Spree happens, for example, invest time into Backtesting or add a Filted like MACD being Green.
1) Finding the size i am confortable losing 10 times in a row.
2) Having a plan on how to recover it this Spree happens, for example, invest time into Backtesting or add a Filted like MACD being Green.
3) Remember what your Goal long Term is and not short Term. For example if your account is 10k big and your goal is 100k should you really cry about losing 100$ per trade? No you should get used to it as at one point it will be 1000$ per trade if you aiming for 100k
