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Trading Indicators: Can You Use too Many Technical Indicators?
http://www.financial-spread-betting.com/Indicators-work.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! The trouble with indicators is that there are too many of them and a number are just duplicates of each other. Just to mention a few -: Relative strength index, Bollinger Bands, Head and Shoulders, Double Tops and Bottoms, Trendlines, Candlesticks, MACD, Moving Averages, Momentum, Support and Resistance, Coppock, Breakout, Average True Range, Accumulation index, Fibonacci levels and Pivot Points...you could of course also go the exotic route and have Gann's square of nine, Murray Math or even Pryapoint or Grid lines using square root of price...phew there's just an awful lot...Redoing.
No doubt an increasing number of traders are learning about technical indicators and will use them to make trading decisions. Indeed some people will spend hours and hours trying to find that holy grail combination of indicators that will help them find the road to fortune. The fact is that no technical analysis tool by itself will give you reliable buy or sell signals. There is no magic blackbox and the fact is there are few indicators more appealing than a simple plain price and volume chart; try to focus on the shape of the graph - does it look bullish/bearish and are there any key levels of support/resistance coming up? Sure, some other indicators coupled with these might give you a heads up where something might happen but the price action with a bit of volume analysis will tell you what is happening. Combining this with discipline and adequate trading capital has been the road to success for many traders.
Top Trading Tips Series (11 Videos)
Trading Indicators: Can You Use too Many Technical Indicators? 🤔
https://www.youtube.com/watch?v=LZlVNSWLDGUShould You Take a Break from Trading? The Importance of Exercise and Eating Healthy!
https://www.youtube.com/watch?v=zkkJXd5ebEkDon't Drink and Trade! 😅 Traders in Tune With Their Body and Mind Make More Money! 😃
https://www.youtube.com/watch?v=66mvYrXbSgEWhen Day Trading Always set a Maximum Loss Limit and a Per Trade Loss Cap 😶
https://www.youtube.com/watch?v=SvY2k6gNoe8Specialize! Either in a Trading Style or Become a Market Specialist 🙂
https://www.youtube.com/watch?v=aoHGT5pN128Not Remaining in the Game for Long Enough is the Biggest Reason Most Traders Don't Succeed 😣
https://www.youtube.com/watch?v=F5dp54nwL6IFocus Will Make or Break Your Day Trading Career. No Distractions! 😦👍
https://www.youtube.com/watch?v=8CjHdJoEyzISwing Trading or Day Trading; The Do's and Don'ts of Trading Part-Time 👍
https://www.youtube.com/watch?v=R2sD-BYXgukPut Money Aside and Don't Go Crazy on Your Spending Just Because You've Started Winning 😃
https://www.youtube.com/watch?v=svV2NF3pl3sThe Top 7 Trading Tips No One Else Will Tell You. Don't Gamble! 😯
https://www.youtube.com/watch?v=jEt1OcHOk0MDay Trading: Don't Try to Squeeze Profits from a Quiet Market 😣
https://www.youtube.com/watch?v=Ci8KH_Qg5v4About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
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