Abade well spoken.

It's so hard to stay on paper/simulators when the fomo is real. There's so much money to make out here.

Just watched this episode. How are you 1 year later?

ㅒㅣ

+Adesanya OLUYEDE, good to have you listening man!

+Lionel Limery, I appreciate it-thank you.

How are you doing now?

After 5 years how has your journey gone

+Jordan-Jon Willett awesome to hear Jordan! You may not be aware, but I have additional interviews that are not on KZfaq (yet) here: chatwithtraders.com/podcast/

+INNO222 cool, glad you enjoyed this episode!

+Ben Tj thanks!

+Ananda Noone much appreciated Ananda.

+Alex Kozub thanks a million dude!

hes really not actually

kkkkk755 he was doing penny stocks (they are not as liquid).

+Joshua M not yet man, would like to though.

Any reasons for that...coz am new to trading and my last hope is price action

@@Pathlogos If that is right for you, fine. I will not talk anyone away from price action. The reason is that it does not fit my personality. Trading with price action is like getting a new car with lots of modern technology. You get strict prohobitions about using anything else than throttle, brake, steering wheel, turn signal lever and transmission stick. It bores me not to use all the possibilities out there. When using indicators I can quantify a move. I can measure if it is best to get in at a certain level or not trade at all. All this said. Since this year has gone since I posted the comment I guess I use a bit of price action as I look at wicks. They normally indicate that I should stay away from a trade. If I go for a breakout I prefer many small candles before the big one breaks out. Trading with indicators is about combining several of them. At least 2. There is probably not a single indicator that is profitable on its own. The aroon might be on some currency pairs, but it won't be by much. Also I prefer indicators to measure volatility. Bollinger bands will tell me more than just looking at candle sticks and think that they seem to move quite little. When a trend has started and I want to enter on a pullback I find it unbelieveably tiresome to wait for a hammer on a moving average or on a Fibonacci level. Seriously. How often do they appear? Finally. I am a trend trader. I try to jump on that candle or combination of candles that tries to leave the consolidation zone and just keeps flying away. I don't know how you do that with price action. Last point. Indicators are a lot easier to backtest. And it gives a reliable backtest. I backtested trend lines and I was at least 70 % right. Yes obviously because I never jumped in late as you do when you trade live.

@@SSEnrich thank you for your reply and detailed explanation for the reason. I do now understand what your trying to say. There are more reasons to trade or stay away from a trade rather just solely based on price action. I'll add few indicators back, but the biggest hurdle for me adding indicator to price action is that my focus solely shifts on indicator rather price action. Could you help me with that since I started with indicators before even knowing what price action is, hence I naturally deviate towards indicators when i tried to use them together which i only did last week during live trading.

@@Pathlogos I guess I could point you to a video explaining 4 stages of how the market moves. Generally if you trade trends you should trade with the trends. That is not true for all currency pairs. Chances are that you might not even trade forex. As this podcast is heavily stocks based. So I don't know what works for stocks and I am not used to gaps. But sure I can give tips if you want. There is information about how tobtrade everywhere, but you will probably get some bad information along the way too. The reason might be that prople will not give the beat tips as quite often you will have to pay courses to the those.

@@SSEnrich currently am doing Al Brooks trading course. So far done one year, just marginally above my trading capital. But the problem I am struggling with is I don't have a reliable repeatable strategy. I have learnt so many set ups through price action that i think I really don't have a set up that I trade and can back test. All seems gambling to me at the moment due to lack of the above mentioned scenario.

It's fishy how all these so called traders offer courses, services, mentoring etc... If successful, they would be too busy making money.

@@rvmajor still they're busy making money. I know many mentors who is successful traders, they only take one time effort for their courses then money rains consistently by their recording videos