🚀 I Stopped Losing Money After Using These Simple Trading Rules!
Like many beginners, I once relied on gut feelings instead of a clear trading strategy—and it cost me money. But everything changed when I learned how to read market indicators.
🔍 How I Stopped Losing Money & Started Winning Trades
Instead of chasing random price movements, I started using four powerful indicators to make informed decisions:
1️⃣ RSI (Relative Strength Index) – Timing the Market
📌 What it does: Detects if an asset is overbought (time to sell) or oversold (time to buy).
📌 My Strategy:
RSI above 70 → Overbought = Possible price drop
RSI below 30 → Oversold = Potential buying opportunity
2️⃣ MACD (Moving Average Convergence Divergence) – Trend Direction
📌 What it does: Confirms whether a trend is gaining strength or losing momentum.
📌 My Strategy:
Bullish crossover (MACD line above the signal line) = Buy Signal 📈
Bearish crossover (MACD line below the signal line) = Sell Signal 📉
3️⃣ Bollinger Bands – Spotting Breakouts
📌 What it does: Identifies when a market is too quiet or about to explode in either direction.
📌 My Strategy:
Price touching the upper band → Overbought = Watch for reversals
Price touching the lower band → Oversold = Watch for potential entry
4️⃣ ATR (Average True Range) – Understanding Market Volatility
📌 What it does: Measures how much an asset moves, helping me set realistic stop-loss and take-profit levels.
📌 My Strategy:
Higher ATR → Expect bigger price swings (use wider stop-loss)
Lower ATR → Expect stable movement (use tighter stop-loss)
📝 My Winning Trading Plan (Step-by-Step)
✅ Check RSI → Is it overbought/oversold?
✅ Look at MACD → Is there a bullish or bearish crossover?
✅ Analyze Bollinger Bands → Is a breakout coming?
✅ Use ATR → Adjust risk based on market volatility.
With this strategy, I never trade blindly anymore. No FOMO, no emotional decisions—just smart, calculated trades.