Following our Signals are crucial to the success of the system, no matter what it is – that is the first rule of trading.
Now the system must be working favorably in the first place, and back-testing is crucial to judge the accuracy of the system.
I do trade using Naked Charts, and the MACD with DMI as a backup. I find it very helpful to use some indicators in addition to the aforementioned, such as Bollinger Bands and Alligator.
Regardless of the indicators and which one we choose, as long as we follow them in applying our strategy, we will learn how not take false signals and take conceivably the right ones. Discretionary Trading is my kind of trading. No automated robotic system.
WEALTHLON 