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[When it comes to trading indicators, less is more] Here’s th | The Real Rayner Teo

[When it comes to trading indicators, less is more]

Here’s the thing:

Having more indicators on your chart does not increase your chances of a winning trade but only gives you analysis paralysis and not taking the trade.

You’d probably get better results if you only had a handful of indicators on your chart!

That’s why we want to have an indicator that can single-handedly:

• Determine your entries
• Determine how you’ll take profits
• Determine[ your stop loss

Having fewer indicators keeps your charts clean and helps you make faster decisions which will make your trading process much more efficient.