Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Trading without Indicators
    Trading without Indicators
    Trading without Indicators
    Ebook131 pages2 hours

    Trading without Indicators

    By Jose Mosca

    3/5

    ()

    Read preview

    About this ebook

    Learning the trading business from the ground up can be daunting so Trading without Indicators is definitely a good starting point for you. I encourage you to read it as many times as it takes for it to become clear to you as to what you do and do not need to learn to be successful in this business from the start and why you don’t need to use indicators to make trading decisions. There are no money back guarantees in the financial markets and you must know the right information from the start to have a chance of becoming consistently profitable and financially successful, indicators give you the wrong information and can cause a trader to make grave mistakes causing them to lose all their hard earned money.

    Most brand new traders spend many many hours looking for that magical combination of indicators that will reveal the “Holy grail” of winning trading strategies when they should instead be spending their time on learning what makes the market actually work which is supply and demand. This short book tells you how to invest and trade right from the beginning of your career without the use of any indicators and tells you why you don’t need them and how to read a price chart at a glance to see where the smart moey is working from so you can work there also.

    The professional advice I give you in this book will empower you to have confidence and zero fear of going in the live markets and accurately initiating a low risk high reward position with which you can have a high probability outcome from being a live market participant and do it while not using any indicators on your trading charts. Becoming a successful self-directed investor and trader is not nearly as difficult as one would think as long as they have the proper education and proper knowledge base right from day one, it takes a while but you can do it and you can do without using indicators!

    LanguageEnglish
    PublisherJose Mosca
    Release dateOct 8, 2017
    ISBN9781386426530
    Trading without Indicators

    Read more from Jose Mosca

    Related to Trading without Indicators

    Related ebooks

    Foreign Exchange For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      He Learned to Trade for Profit - and Can Teach You, Too

      Jan 31, 2019

      Raymond Rondeau, 55, of Exeter, R.I., is a trader, president of the New England American Association of Individual Investors chapter, and creator of AAII's new course, "Investing Strategies and Technical Analysis." When did you start trading? I began

      2 min read

    • Article

      Learn How To Spot A Rip-off

      Feb 24, 2021

      Learn How To Spot A Rip-off
      3 min read

    • Article

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • Article

      RSI Alone Not Enough

      Sep 18, 2020

      oscillators, such as the relative strength index (RSI) and stochastics, are often used as signals for overbought and oversold zones. Let’s use the RSI as an example. Generally, an RSI set on 14 days is considered over-bought above the 70 level, but t

      1 min read

    • Article

      Breakout Is Possible

      Jan 10, 2020

      Breakout Is Possible
      1 min read

    • Article

      Discipline Goes A Long Way

      Mar 31, 2022

      The life of a trader is not what most of us might imagine it to be – that is, glamorous, exciting and paved with gold. More likely it is solitary, private, a bit boring and, when done right, provides a living. We could all be traders. We could all be

      5 min read

    • Article

      How To Count Your Losses

      Nov 15, 2019

      in the previous issue (7 November), I wrote about trading, and in particular about gearing via the use of derivatives, as well as what we should (or shouldn’t) be trading. I promised to return to the other two parts of the equation: How to employ a s

      3 min read

    • Article

      Technical Analysis Tools For Long-term Investing

      Oct 30, 2020

      in the 22 October issue of finweek, I wrote about how I am trying my hand at trading local equities for the first time in over a decade. Some aspects of my index trading have helped (discipline and risk management), but stocks are more volatile and n

      2 min read

    • Article

      The Magic of Moving Averages

      Jan 31, 2019

      When price charts begin to look like jagged mountain ranges, it can be hard to map out which way stocks are headed. Enter the simple moving average. The tool is a staple of technical analysis--the practice of determining the direction of stock prices

      2 min read

    • Article

      Change In Sentiment

      Oct 2, 2020

      Change In Sentiment
      1 min read

    • Article

      Rogue Trader

      Jun 5, 2020

      Rogue Trader
      10 min read

    • Article

      What Is Forex Trading?

      Mar 1, 2022

      What Is Forex Trading?
      6 min read

    • Article

      How to Make Market Volatility Work for You

      Apr 5, 2018

      There are more certainties in life than just death and taxes. For instance: If you invest money in the stock market, you certainly will face market volatility now and then. Periods of high volatility are normal. Investors need to understand that life

      4 min read

    • Article

      What I Learned from Losing $200 Million: The 2008 financial crisis taught me about the illusion of control, and how to give it up.

      Dec 24, 2015

      I’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think

      15 min read

    • Article

      Maintaining A Recovery?

      Jan 22, 2021

      Maintaining A Recovery?
      1 min read

    • Article

      How To Set Yourself Free

      Sep 2, 2020

      One of my clients retired at 50 to become a full-time trader, hoping he could shrug off the rat race and the typical work-sleep-work life. Fifteen years later he is still “retired” and still trading full time. Now he calls it what it turned out to be

      6 min read

    • Article

      How to Leave Your Business: A 5-Year Plan

      Feb 13, 2019

      Ask any former business owner whether it was harder to start their business or leave it, and you'll likely be surprised by the answer. Sure, starting a business is extremely challenging, with any number of variables and unexpected obstacles that cou

      3 min read

    • Article

      How To Lose $5000 Instantly

      Nov 1, 2023

      How To Lose $5000 Instantly
      4 min read

    • Article

      To Take Profit Or Not? That’s The Question

      May 15, 2020

      as global and local markets continue to rally after the collapse of late March and early April, I am being flooded with questions from people who bought shares during the collapse and now want to know if they should be selling. The point I always mak

      2 min read

    • Article

      Beyond A ‘Gut Feeling’

      Sep 30, 2020

      Beyond A ‘Gut Feeling’
      9 min read

    • Article

      Investing In Uncertain Times

      Sep 30, 2021

      People often refer to this as “What is your why?” In other words, what is the reason you are wanting to invest? Is it to help fund your retirement? Is it to get out of your day job before the age of 65? Is it to help your children financially? Or som

      3 min read

    • Article

      Keep Reading, Keep Learning

      Nov 25, 2021

      it took some time to figure out how to start this article. I must admit that it is not easy to write. I remember when I was but a young grasshopper with nothing but dreams in my head and passion in my heart. I remember how I used to buy finweek and r

      3 min read

    • Article

      10 Ways To Run Life’s Financial Race Successfully

      Oct 31, 2020

      SOME PEOPLE view life as a competition in which you have to be seen to be doing better than those around you. To these people, showing that you are leading the race means spending money to buy things you don’t want or need to impress people you don’t

      2 min read

    Related categories

    Reviews for Trading without Indicators

    3/5

    3 ratings1 review

    What did you think?

    Tap to rate

    Review must be at least 10 words

    • 4/5
      Great book, great information for a beginner in the markets.

    Book preview

    Trading without Indicators - Jose Mosca

    Trading without Indicators

    How to Trade any Market without using Indicators

    By Jose Mosca

    Copyright 2017

    Why you should read this entire book

    Almost all the professional investors and traders I know do not even worry about the making money. They are much more concerned on managing their capital and risk in the live markets. It’s really not about making money in this business it is about keeping the capital you already have.

    The reason you bought Trading without Indicators and why it is unique is that it is going to tell you about the who, what, where, when and how about what you need to know to be able to trade and invest in today's financial markets (or any tradable market) with confidence and zero fear and to be able to do it the right way from the start and without the use of indicators, this book tells you why you don’t need indicators to make trading decisions with and how using them can/will get you broke very quickly.

    There are a lot of decisions traders will need to make before they spend any money on trading or capitalizing an account to trade live with. Trading without Indicators a basic comprehensive guide to the proper tools and resources needed to help give you the best information to make some of those hardest decisions.

    The road to success in investing and trading as I always say is paved with the smoking blown up accounts of investors and traders, it did not have to be a long hard and expensive road though. It can be a road paved with gold and be fairly easy if you just take time to learn this business the right way from the start on your first day, keep it simple and it will be.

    Like most other professional traders and investors I associate with we are already there and have made it. I have the information YOU need so ask yourself the question am I ready to receive this valuable information and act on it. It's rare in the trading and investing business you run into a person like me who although I am one of the sharks, really do want you to succeed and has your best interests at heart.

    Most individuals in this business are junk ware selling locusts preying on new traders who are gullible and don't know any better. I'm certainly not one of them, and as I said above I have the information you need. Do you want it? Matter of fact, it's at this juncture I can say I want you to get rich and succeed at your new business however I can't MAKE you do it.

    Once I tell you the basics to investing and trading the live financial markets to make money every day with the smart money I encourage you to read every article and watch every video you can on the subject and incorporate the simple investing and trading principles you learn into your own core strategy when you put it together. Use the extra links provided at the end of the book to do more of your own research.

    Your core strategy can and should be very simple and really all you will need to make money with the smart money every day in the live financial markets or any liquid market for that matter. I use this method every time I initiate a position in the live market after doing my due diligence and research.

    Once you know what this method is you will find that is very practical and can be used it in the live financial markets in an intelligent and methodical way every day. When you have it down pat you will have a lethal double whammy method to make as much money as you want or need. The beauty of it is that it can be used in all liquid markets and all time frames making it a strong method that is easily repeatable across any asset.

    The professional advice I give you in this book will empower you to have confidence and zero fear of going in the live markets and accurately initiating a low risk high reward position with which you can have a high probability outcome from being a live market participant and doing it without using indicators. Becoming a successful self-directed investor and trader is not nearly as difficult as one would think as long as they have the proper education and proper knowledge base right from day one, it takes a while but you can do it, and you damn sure don’t need to use indicators to do it.

    I feel this book does an excellent job in explaining the very first things a new investor and trader needs to know before even doing anything. It is meant to be a spring board for the very first educational information that a new person needs for a baseline to get started from.

    Learning to change bad habits developed by having the wrong information to start off with is very hard to do and breaking yourself of the use and dependence on indicators to trade with is worse than getting off drugs. Listen to what it says to do in this book and don’t develop any bad habits to begin with and you could be cruising your money train down to the bank everyday consistently.

    Another reason you should read this whole book is so that you can avoid the mistakes that 97% of retail sheeple of the herd and retail traders make from day one. The books in my brand new investor and trader series talk about those reasons in detail so that you don't have to waste years finding it all out the hard way and expensive way on your own.

    When you are done reading this Trading without Indicators you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education, you’ll know not to waste any valuable time learning how to use all those fancy indicators that TA traders become dependent on, the ones which cause traders to lose money consistently instead of make it. The information in Trading without Indicators will put you on the fast track to becoming a successful self-directed financial market investor and trader with very little money invested other than the cost of this book.

    You will be able to make the first decisions as to what you want to study and how you plan to do your education in order for you to be able to make your own self-directed investment decisions with real money in the live currency, stock or futures markets or any liquid tradable market in the world.

    If you need to learn this business from the ground up then Trading without Indicators is definitely a good starting point for you. I encourage you to read it as many times as it takes for it to become clear to you as to what you do and do not need to learn to be successful in this business from the start. There are no money back guarantees in the financial markets however you must know the right information from the start to have a chance of becoming consistently profitable and financially successful.

    <<<>>><<<>>>

    Table of Contents

    Why you should read this entire book

    You must know at the beginning why you’re doing this business

    Having the right trading equipment is critical when trading from home

    The type of equipment you need to get up and trading from home

    To be a winner from your first day of trading you must educate and train yourself properly

    Chart reading and price action are critical skills you must master

    To be a money maker you’ll to be a money manager first

    Supply and demand is the only trading method you need

    Why you do not need to use any indicators

    To be a profitable trader you need to compose a rule based plan and then stick to it

    Market timing is possible if you are looking at the right information

    The old buy low and sell high routine

    What is VAR? - Value area recognition

    What is VAR value area recognition?

    Having the 3 p’s patience, probability and persistence in your favor

    The fastest easiest way for a beginner to trade and win when first starting out

    Bonus chapter

    3 things that will help you win more trades – large PM, correlation, confluence in signals

    My final advice to new beginner traders

    Extra links

    Glossary

    Disclaimer

    You must know at the beginning why you’re doing this business

    Begin with the end in mind I always say. There are a lot of things to consider when thinking about becoming a professional market investor and trader. You are the one who is making the decision to get into the trading and investing business, no one is making you do it. It is a big step for someone to take the plunge into the world of making money with money. One has to look inside one’s self and ask some very hard questions before they start driving their own money train down the tracks to riches in the live markets.

    It is very important to have figured out what your ultimate goals are before you step foot into the markets with your hard earned real money. Questions I ask new people are: are you trading for short term income or long term wealth building? Are you trying to build up your account balance to be able to take on more risk and trade larger size? I ask them why they want to do this business. I ask them if they know what their goals for the long term are and if they are thinking with a long term perspective.

    If a new investor or trader cannot answer these questions right away I just encourage them to stay out of the live markets until they can answer them and be honest. I also will ask them how much capital they plan to enter the live markets to work with; there is no point in trying to enter the live markets with scared money.

    Here are some of the main things you need to ask yourself and have made a decision on before you get going. Are you trading for short term income? Are you trading to build up an account balance so you can start trading multiple shares, lots or contracts? Are you trading for long term wealth goals and/or retirement and wish to be a buy and hold type of investor?

    What kind of investor or trader do you desire to be? You should know this before beginning this business. Figure out what style of investing or trading suits your personality the best. Do you want to day trade, swing trade, or position trade? What kind of time are you looking to put in on a daily basis? What kind of returns are you looking at monetarily? Are you the type of person who has a lot of time to devote to looking at charts in the live market to be a day trader?

    While I do not recommend day trading, it is possible; however, it requires

    Enjoying the preview?
    Page 1 of 1