A short personal reflection by a trader (Kardec Trader) about their early trading charts. The speaker describes having overly cluttered charts with many indicators when they began trading over ten years ago, and emphasizes that the essentials are price action and volume rather than numerous indicators.
When I first started out trading over 10 years ago, my chart was filled with so many indicators, so many lines on my chart, and I wasn't able to identify what's a good point to enter, what's a good point to exit, or how I should actually manage my position. And over time, I realized having so many different indicators and having so many different things on my chart was actually just noise. And the two things that everything boils down to is price, action, and volume. Now, I keep repeating these things because I want it to be hammered into your brain to understand that these are the two most com important components of trading.
