Great video. Knowing the right investment to make is only half the battle to financial success. Without this knowledge, disaster is mostly unavoidable as luck is not a good long term strategy. Getting the right broker helps massively.
I believe you are right but it is easier said than done. Besides, who has the time or patience to monitor a screen all day trying to make profitable trades?
You are very correct. Investment trading is simply so much more profitable when you have good knowledge about it but it is even better when you have a good broker with a great system.
Certain skills, abilities and knowledges are required to trade successfully and not everyone possesses such skills, abilities or the time in order to learn enough to make reasonable profits.
Nothing prevents you from changing the stochastic RSI settings as you see fit to reduce noise and give you a clearer indication of better entry and exit signals. Just remember what the default settings were if you get lost.
Best thing to do is trial and error to see what works best for which stock or ETF you are watching and what your strategy is.And what indicators you are using it with and what timeframes you use for confirmation. And backtest.
All time frames. Just remember about the length of the Stoch RSI. 14 periods, as the default, really isn't that much. So shorter moves. Want a macro picture then try 100 period
Great video. Knowing the right investment to make is only half the battle to financial success. Without this knowledge, disaster is mostly unavoidable as luck is not a good long term strategy. Getting the right broker helps massively.
I believe you are right but it is easier said than done. Besides, who has the time or patience to monitor a screen all day trying to make profitable trades?
You are very correct. Investment trading is simply so much more profitable when you have good knowledge about it but it is even better when you have a good broker with a great system.
I guess. It all comes down to their knowledge about trading and how it works at the end.
Certain skills, abilities and knowledges are required to trade successfully and not everyone possesses such skills, abilities or the time in order to learn enough to make reasonable profits.
You are correct. I would like to have one who handles trades like that for me. Please tell me more about your broker.
Thanks for the strategy, very helpful for beginners who are still learning like me in the nfc community.
Nothing prevents you from changing the stochastic RSI settings as you see fit to reduce noise and give you a clearer indication of better entry and exit signals. Just remember what the default settings were if you get lost.
most excellent explanation!. thank you.
you still alive? why do you need this?
Bro tell me exact settings for m5 time frame
Best thing to do is trial and error to see what works best for which stock or ETF you are watching and what your strategy is.And what indicators you are using it with and what timeframes you use for confirmation. And backtest.
best explanation ! Thank you
For 1hour time frame it's good?
All time frames. Just remember about the length of the Stoch RSI. 14 periods, as the default, really isn't that much. So shorter moves. Want a macro picture then try 100 period
We need the settings bro
Indicators are good if u know how to merge them with price action especially liquidity and Inducement
Fantastic, thank you very much Sir for this enlightenment
My personal exp. Stochastic RsI can be best used with the combination of Regular Rsi..Both compliment each other .
Stochastic is the WORSE mobile strategy EVER😂😂
I can think of worse ones lol