Seen this ad encouraging public to sign up for candlestick patterns workshop : traders rely 1% gut feel, 4% sma, 5% stochastic, 6% macd, 7% fibonacci, 8% trends & channels, 9% support & resistance, 60% candlestick pattern analysis. I am not a profitable trader so I like to know if this is true before I sign up.
Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random
