AoxNoxxide
AoxNoxxide Nov 27, 15 12:56 PM

MACD/RSI is not the end all solution to trading. On Wallstreet there is computer rooms with hundreds of million dollars worth of servers and computers. If it was that simple, those computers would simply filter out and trade the MACD/RSI indicators your describing. You have to have a overall view of everything. Also papertrading is delayed 20 minutes whereas the market is real time. Maybe that has something to do with it.

Tunde1306
Tunde1306 Nov 27, 15 6:25 PM

Try to find better trade entries.You can use your indicators but also look at the momentum of the stock, where does it look like it's heading and how quickly is it heading there. Use these key indicators to determine when you will hop aboard. Sometimes you will see that if you wait for the right time, there seems to be no good entry and you lose interest in trading the stock. Move on to the next, not all setups are good setups.

cgarman
cgarman Nov 27, 15 8:26 PM

Do you look at different time segments, or just 1? 5 min and 30 min 1day. Long term is different.

bvbigbear
bvbigbear Nov 27, 15 8:54 PM

Analyze each of your trades to see where you went wrong and how you can improve. Really take a good, objective look at each one. Try to remove yourself and all bias from the analysis.

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