I always hear people talking about using price as a great method to trade stocks by, could someone explain some methods?
I am always looking for new methods to trade and would like to learn as much as I can about some techniques using price.
Please feel free to go into depths and provide links.
Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about trading indicators the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.
This question was about trading indicators and there have been some pretty good answers that should help in your trading, and especially in relation to trading indicators, the answer has been posted in the categories listed below: