Saturday, November 23, 2013

How to trade indicators in trading charts

Many oscillators can be used in a strong trending market with some adjustments. Traders need the correct training to know how to adapt these indicators and also when to do the adjustment. The big thing to remember as a trader is that price is everything. Knowing how and when to use the right tool at the right time to support your trading decision is critical in saving your trading capitol.  In every trade, you should know a minimum of three things before placing the trade. You should know your entry, your sell point and your stop loss. This knowledge removes emotions such as fear and greed from my trading and allows you to focus on price action. It also gives you direction for managing the trade. Remember pigs get slaughtered so don't get greedy
Trade indicators