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Feeling unconfident after reading?

I recently read Mark Minervini's trading super performers book and made notes on the strategy and some of the more common formations. I felt like I got a lot of information out of it and I'm happy reading it but after going through my notes, I began paper trading and found that I was extremely unconfident.
I kept self-doubting the formations I saw and kept losing money. I used MACD + RSI but couldn't find any strong indicators so I felt like I was a bit lost on what i was doing wrong. I didnt look at stocks instead I looked at forex because I knew they were more volatile but even then I couldnt find any good buy signals. I also used a stock screener but couldnt find any stocks that looked too promising.
Is this normal? I havent read much other content about trading so I am unsure if this is because of the lack of knowledge or practical application as this is my first time trading. Should I be reading more books on strategies or should I just keep working on paper trading?
submitted by Lunar_GizMo to Trading [link] [comments]

Crypto Radar Feature

The cryptocurrency market is highly volatile with several pumps and dumps in a short span of time. This makes really necessary for the trader to understand the market trend. If the vision gets distracted from the correct focus, the users are likely to lose on trades, which Encrybit do not wish to happen, since the chance to have good returns comes rarely in such a volatile market. In Stock and Forex markets, the Screener Tool is already available to provide you inputs and statistics based on volume and price increase or decrease in certain time frame along with the technical indicator's value.
Encrybit is including Crypto Radar feature into its exchange, which provides the facility for professional and beginner traders to search different tokens and pairs based on their increase and decrease value along with the well known technical indicators like RSI, ADX, MACD, EMA and SMA value in particular time frame.
For example, a user wants to check the movements and changes of the ETH/BTC pair. They just have to jump onto the Crypto Radar tab in the trading platform and search the coin name ETH, provide a pair from either BTC or other cryptocurrencies and give a time frame like 1 hour; after the selection, users will see the current price as result, 1 hour high price, 1 hour low price and changes in price as percentage. By default a user will be able to see all the coins/tokens from the selected pair on selected time frame from the Screener, then they will have the ability to search the coins/tokens of their interest.

cryptocurrencyexchange #stoploss #cryptocurrencytrading #traders #Encrybitcryptocurrencyexchange #future #cryptotradingplatform

For all the information regarding encrybit and how it will provide real time solutions and a top notch platform, kindly visit the official website for details:
https://encrybit.io
submitted by wealthspy to CryptocurrencyReviews [link] [comments]

MACD AND RSI STRATEGY To Successfully Trade You Should Combine RSI & MACD for ... When to go Long? Answer: +34 RSI & MACD Crossover (Deadly ... MACD Indicator Secrets: 3 Powerful Strategies to Profit in ... The Secret Code of Successful MACD Trading (Forex & Stock ... How To Find MACD Divergences Quickly and Easily MACD and RSI trading strategy - YouTube Best Beginner Stock Trading Indicators  RSI & MACD ... Oscillators Stochastic MACD RSI Parabolic Indicators - YouTube Best MACD setting - YouTube

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MACD AND RSI STRATEGY

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