If you could ask a successful trader one question, what
would it be?
It’s not just newbies asking those questions
It is not and never will be
THE INDICATOR
that will define your success
Neither is it the settings that are used
nor the number of trading indicators
How the indicator is used?
YES!
“How do you use them?"
You've probably seen a ton of trading
courses
Put the 20 and 50 EMAon your chart!
Questions that you ask can point you in the
direction of your goals or further from them.
“How do we really know that the pros use them?"
“Why not the 25 & 55?"
What we do know is there is probably nothing magical about the exact
moving average input.
Irrelevant thoughts Irrelevant questions
"What type of concept are we
looking at?”
Ask questions that can produce actionable
answers.
What indicators are you using?
What happens in the market that has you making use of these
averages?
Trading Basics TipYou must see a reason for another trend leg if
trading pullback.
I need to see the band stretched (price far from the moving
average)
The concept of mean reversion is a viable one to build a trade
plan on.
Focus is everything
Focusing on following your trading plan
Focusing on following proper capital management
Focus on understanding that the indicator will not make
you successful
I then set out to find how to make the
concepts come alive
Basic Trading Concepts
That was my focus
Questions should focus on
ActionableInformation
They have focused on important questions that will empower their
trading