Hi Traderdude,
In one of earlier posts I read that you are in job and do trading whenever you get time, you are so good in technical so why don't you adopt trading as full time profession, I am just asking because I am planning for the same but as I am not as good as you to analyze the market, it is shaking my confidence.
Pls share your experience.
You can be good at technicals , but are you good at managing your emotions, your psychology.
It requires time and experience to manage your emotions. I still fail at it sometimes to be honest.
So don't quit your day job yet. Practice trading with a small account for at least 5 years and keep growing the account.
Trading requires a lot of patience and discipline. These two are key. Unfortunately 99% of humans do not have patience and very few are disciplined. This is the main reason why 95% fail at trading.
You could use a simple ema crossover strategy with good MM , patience and discipline, you can still be a success.
The hard part comes after learning the technicals.