How many people have you seen trapped in indicators and unable to get out? Staring at the MACD golden cross pattern and death cross makes your eyes hurt, studying the Bollinger Bands' convergence makes your head spin, staying up late every day to chase the Fed's movements, and in the end? The market plays people for suckers.



Here's a heart-wrenching truth: trading is not about who can predict better. The real game rule is to cope.

I have walked this path myself. When I entered the market with debt, it became increasingly complex, with various indicators stacked on top of each other. The turning point was abandoning this entire system. It sounds simple to say, but in practice, it was a complete mindset shift - since then, I have achieved stable profits relying on bare candlestick charts.

**The K-line is the truth, indicators are all illusions**

Some say naked candlestick charts are too basic and not worth learning. Wrong. All technical indicators originate from price—candlesticks. Indicators? At best, they are second-hand information, inherently lagging. When you see the golden cross pattern in MACD, the market has already moved more than halfway.

My logic is just that straightforward:

Price encompasses everything. The movements of large funds, the panic of retail investors, and the emotions of the market will ultimately be reflected in the candlestick patterns.

Focus on effective K-lines. There is too much market noise, and only two are truly worth paying attention to — the hammer line (long lower shadow) and the shooting star line (long upper shadow). These two are the dividing points of the bull and bear game.

Position determines life and death. The same candlestick pattern means completely different things at the top of a mountain and at the foot of a mountain. A hammer line is only a reversal signal at the bottom of a downtrend; if it appears during an upward trend? That's just a trap to play people for suckers.

**Newbies practice like this**

Open the BTC daily chart, turn off all indicators, and leave only the candlesticks. Spend 10 minutes each day: identify the recent obvious highs and lows, and connect them with horizontal lines to mark support and resistance levels. Stick to this for 3 weeks and you will start to understand the true pulse of this market.
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PseudoIntellectualvip
· 13h ago
The words may be rough, but the reasoning is clear; indicators can indeed easily trap people. The debt period was really something else, this emotional journey hits home. I’m also exploring the naked Candlestick method, it really has a lot less noise compared to indicators. You’re absolutely right, position really determines everything; the same formation can mean completely different things. This thought process is clear; it’s much stronger than those piling up indicators. I noticed the MACD lag long ago, it’s just a feeling I can’t shake off. Makes sense, the market is that simple, we’ve complicated it. Watching Candlestick for 10 minutes every day, I have to try this method; it’s definitely better than staying up late watching indicators. Your experience has given me quite a bit of inspiration, thanks.
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MerkleTreeHuggervip
· 13h ago
This guy is spot on. I used to be dazzled by MACD too, but I've deleted it long ago. Really? Naked K is so simple, why are there still so many people Rekt? Sounds good, but most people can't even stick it out for 3 weeks. The lag of indicators is really painful; by the time you notice the golden cross pattern, it's already too late. Position truly determines life and death; this is my hard-earned lesson.
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