Hi Trae, I wouldn't say spending a decade learning different indicators is a waste of time. Its all knowledge and experience and exposing yourself to a breadth of methodolgies imo is much better than constraining yoursef to a narrow focus, because that broader perspective will always provide the benefit of experience when judging any situation you're looking at.
As to mastering time, I think you'll find that it's actually not tha difficult. Like you I have spent many years learning about all the indicators, only to finally decide to use pure price action, no indicators, nothing else but price and time. Time-wise all I do when I validating my setups is generate the stats for each of a selction of timeframes following entry, i.e. 1 bar, 2 bars, 3 bars, etc, and the stats end up telling me the optimal timeframe for each setup.
Cheers, Sharks.
- Forums
- Forex
- AUDCAD
Hi Trae, I wouldn't say spending a decade learning different...
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAD (FOREX) to my watchlist
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online