 Good afternoon everyone and welcome. My name is Melissa Armo and today I thought I would do a short lecture on Trading indicators. I don't use a lot of indicators in my charts If you've watched any of my videos, you can see that I use very few indicators at all In fact, if I could trade without any and just looking at price action Then it probably would be even better But I'm in a habit now of using candlesticks and a few moving averages in my chart and I sometimes look at volume I'm really watching the price action when I trade the moving price a little jiggy that moves and then the level 2 as well as It's moving There's a lot of indicators out there You could buy indicator after indicator and learn all kinds of things But in my professional opinion in eight years of trading there is not one specific indicator that works consistently Or we would all have it and then it wouldn't work you know the makeup of the market the The interesting thing and the exciting thing about the market and the challenging thing about the market is that it's a zero-sum game From that's from Gordon Gekko's movie from the Wall Street movie There's always one winner and there's always one loser on the side of every trade So if there was some indicator that all worked and we all bought it Then who would be the other person on the opposite side of the trade that would lose so that so then it wouldn't work So I have very few indicators and I have clean charts that I can focus on the price action So if you come with me, you're not going to pay for any separate kind of software or anything like that to utilize my system It is a system that you would use you would fill out the worksheets You would do it manually you would use your brain You would have very clean charts to focus on the information. There is not one single thing out there That is an indicator that's going to tell you what to do accurately all the time for the same simple reason and the Theoretical and philosophical reason I just described the market itself is a system where there's a winners and losers and there's fewer winners than there is losers in Trading so if you want to put yourself on side of a winner Then you have to learn a skill and you have to learn that skill and you have to hone that skill and you do Whatever time and as the years go by in the months go by in the weeks go by you get better and better and you can make more money So if you are addicted to indicators, you're going to have to wean yourself off of them Because if you decide to come and take my class, it's going to be real full-on Classwork Education learning a skill set Like if you were learning a language, it's the language of charts It's the language of price that you come and you learn from me when stocks are gapping If you have questions about this you can feel free to always email me at the list of the stocks wish calm The next class is April 8th and 9th for the golden gap And you would learn what I know in that course and you can email me at Melissa at the stocks wish calm for the early World special this week. Thanks everyone. Have a great day