This is nothing more than Russian roulette, just go to the losers panel and see how many oversold RSIs are there💸
Analystos
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I Stopped Losing Money After Using These Simple Steps
I still remember my first trades. It felt like the market was always changing, and I never knew what was going to happen next. I relied mostly on gut feeling rather than a solid plan. Sometimes I made money, but more often I ended up losing. Everything changed when I learned about market indicators. The first time I used the RSI (Relative Strength Index), it completely shifted how I traded. The RSI told me that the market was oversold, meaning the prices were too low. I took a calculated risk, made the trade, and ended up with a solid profit. What Are Indicators and How Do They Work? Indicators are tools that help traders understand what's happening in the market. They make it easier to decide when to buy or sell: RSI (Relative Strength Index): This shows when a market is either too expensive (overbought) or too cheap (oversold). It helps identify good times to buy or sell.MACD (Moving Average Convergence Divergence): This shows which direction the market is moving in, helping traders avoid bad decisions.Bollinger Bands: These show when the market is ready for a big price move, signaling potential opportunities.ATR (Average True Range): This measures how much the market moves up and down, helping traders understand the level of risk. My Trading Strategy Now Now, I never make a trade without checking the market using these indicators. No matter how crazy the market gets, I always have a clear plan to follow. Using these tools has made all the difference, and I feel much more confident in my decisions.
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