Sentences with phrase «struggling traders try»
I have seen many beginning and struggling traders try to trade with charts that look like the second one above with all the indicators on it.
http://www.learntotradethemarket.com/ Not exact matches
However, don't take my word for it, last year we had over 15,000 emails hit our inbox, and I can comfortably say that the majority of the struggling traders I've helped were trying to trade small time frames.
The «art» part of the trading equation is what allows some traders to make a full time living in the markets while the masses who are struggling to find the next best indicator system continue to lose money by trying to fit a square peg into a round hole, so to speak.
Many traders struggle for years trying to trade lower time frame charts, eventually they either give up all together because they have lost too much money to bear, or they figure out that trading the higher time frames is a necessary component to consistent trading success.
Whereas the traders who are struggling and have inconsistent trading results always look for «better systems» or more accurate entry signals, the traders who make money consistently try to improve the one trading strategy they already have.