Has anyone created a successful automated trading system? What is your advice? - page 42
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Hello everyone
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Trading has various levels.
1. Penny entry exits: Mostly heavy volume trader trades in this. They flow heavy volume of money, take their profits and exit.
2. Signal followers: These traders follow various indicator signals on variety charts, and try to take out profits.
3. Trend followers: These traders look for past trend breakouts, on higher frames. Higher frames generally have less fluctuations on any chart, and losses made can be turned to profits easily.
4. Price action: Marking any past price level, traders find breakouts and breakdowns in price.
Mainly business is about money volume and current price.
Crack the universal movement and Successful robot is ready.
Regards & best wishes
Manoj