Recent content by Imogen Beaumont

And did that consistency result in bigger profits?

Actually, the opposite works for many! I mean long-term investment is what makes them profitable. But that is not the way I would prefer right now!

It's nice to hear things are going well there, but what's special about the tools they offer. Any broker offers those basic things like indicators!

Do you really count on their analysis??

Then, what should you do when your analysis is not aligned with what the indicators show? Should you stop at that point?

I’m on the same page with you. But sometimes I come across trading journals from random people that are packed with all kinds of indicators, and it makes me wonder doesn’t relying on indicator signals put you a step behind the market?

In what way exactly?

But I think I am always behind the market when I make decisions based on them.

I can't understand your position on the question. Are you pro or against structured education?

Exactly! I think a basic education can be so helpful. But many of those I know trade only based on the signals they receive from different sources. The know nothing themselves!

I get that indicators can help, but since they’re always lagging, they often just confirm what’s already happened. That can give a false sense of confidence if you rely on them too much.

They should also review and reflect regularly.

I'd say only on a demo account. It’s a safe way to learn without risking real money. Starting with live trading without knowing what you’re doing isn't what I would suggest. Why risk your cash when you can practice for free first?

Are indicators really helping, or just giving us a false sense of control? Most indicators lag behind price, yet many traders rely on them heavily. What do you think?

Yeah, that makes sense. If demo helps you build those habits early, it’s way easier to stay grounded when real money’s on the line.