SPDR S&P 500 (SPY)

[$$$DEEJ**$**MONEY$$$©]

As traders when we first start trading we watch price action like a hawk but because a trader is new he or she doesnt have the understanding yet on how to exactly watch price action to the fullest. So what happens is this... Price action works on a few lucky trades, then comes that losing trade. This is when the HUNT for the HOLY GRAIL of indicators begins. A trader can spend YEARSSSS searching for this HOLY GRAIL to find out that it doesnt exist. But what the trader doesnt know is that the first thing he or she was looking at in the beginning of their trading career was the TRUE HOLY GRAIL of stock trading. PRICE ACTION!!!! My point is this, Just watching price action alone is way more powerful than an indicator is. I remember a time when i had my charts so damn loaded with indicators my charts looked like a radio active christmas tree. Im sure alot of you have been there. You can make more money as a stock trader with NO indicators on your charts than you could with 50 of them. Simple is always better in our world. Yes, Ill agree that there are a million ways to find profitable trades, some just choose to put in way more unneccasary work to find that trade ;)