KEEP IT SIMPLE STUPID TRADING METHOD OR INTRADAY TRADING STARTEGIES

The Intraday trading on the stock markets or the forex are like swimming in a ocean of fund looking for the best ways to gather the profits. The sad and the hard part is since there are so many players trying to do the same thing , the probability of gaining goes very low. The trader or the intraday trading strategy needs to be very stable and an edge above the others to win in the consistent manner.

The amateur and the other traders look for complex tools and strategies from time to time, in fact they keep changing methods and looking fro the holy grail , in spite of the fact that there can be no 100 percent accurate trading systems. it is like trying to put a square peg inside  round hole.

This is the biggest reason for loosing in the markets as the intraday trader is looking and jumping methods and trying to make the system so complicated that it is hard to follow the method easily.
The markets are not static and fully dynamic and is a culmination of so many various news, emotions and elements of methods so it cannot be tamed with any particular method.

LOOK AT THE CHARTS BELOW WHICH ARE NEAT AND SIMPLE:

The Intraday trader should work on the art of following simple naked price charts as above and look for methods which are simple and profitable.There are several price chart patterns which are easy to spot and recurring in nature. The best is to device a trading system which comprises of set rules around such patterns.
Try to make the buy sell signals more mechanical with fixed set of rules  and risk management methods.

LOOK AT THE MESSY CHARTS AND COMPLICATED SYSTEMS:

This kind of charts loaded with multiple indicators will lead to losses as the process of locating the buy sell trades is so complicated.