A trader describes moving from cluttered charts with multiple indicators to a stripped-down strategy with clear entry and exit rules. Despite a 30% win rate, simplicity and objective invalidation points beat chasing higher accuracy.
in the beginning stages of my trading journey, I used to have a pretty complex chart layout. So I would have price bars, the moving averages, volume, and then I'll have a MACD, RSI, stochastics, money flow index. And what that led to was analysis paralysis. Like, I'd see something, but then there were so many conflicting signals, I did not dare to pull the trigger. And then gradually I just decided I had to remove all of that and find something that is simple. It may not work 100% of the time. My historical win rate is 30%, but it's good enough. And so simple is better. You keep things objective, you know exactly where your out points are when the trade invalidates.
