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I am a retail trader for a home business. I have been in this business for 6 years. As a trader, I am very concerned about financial management issues rather than techniques in analyzing the market.
As a question, "what techniques do I use in the market based on small risks and large rewards?" Yep, you are right. I use the techniques of price action and supply-demand analysis. However, I do not use indicators as my main analysis, I pay more attention when the price is too expensive to buy and too cheap to sell. Isn't the law of demand and supply basic in economics? Of course. This is my principle in trading "The simpler your analysis, the more mistakes you make will be smaller, the more complicated your analysis is, the mistakes you make will widen."
"Do you think working hard for money will make you rich? No, it will tire you for the rest of your life.".
As a question, "what techniques do I use in the market based on small risks and large rewards?" Yep, you are right. I use the techniques of price action and supply-demand analysis. However, I do not use indicators as my main analysis, I pay more attention when the price is too expensive to buy and too cheap to sell. Isn't the law of demand and supply basic in economics? Of course. This is my principle in trading "The simpler your analysis, the more mistakes you make will be smaller, the more complicated your analysis is, the mistakes you make will widen."
"Do you think working hard for money will make you rich? No, it will tire you for the rest of your life.".