How do you find that sweet spot? Consider using a top-down approach. If you try to use too many technical indicators, you may suffer from “analysis paralysis.” If too few, you’ll stare at the screen without any conviction. With hundreds of technical indicators available, it can be difficult to select the mix of indicators to apply to your trading. Next, look for stocks that are moving in sync with the overall marketĬome up with a set of indicators to use for trending markets, consolidating markets, and breakouts When applying technical indicators, first start by looking at the overall market
