General advice for struggling technical traders
1. Get rid of the indicators. The only thing you should or need to pay attention to is price movement that manifests itself on charts that show these fluctuations in an organized way.
2. Practice manually drawing lines of support and resistance (levels the market has stopped in the past).
3. Observe what candlesticks or price looks like when it's going up or down.
4. Observe the smaller structure inside the larger structure.
5. Observe areas you can risk a little to make a lot if price does what you learn it has good odds of doing. Be an opportunist.
6. Pay attention to important areas on higher time frames.
7. With repetition you'll be able to see what others can't.
8. Think 3-4 steps ahead of where the market is currently trading, act accordingly, be present.
9. You should get everybody out of your head and do your own thing. What others see or do is irrelevant to you.
10. Explore the market, discover yourself, observe how the two interact.
11. Be your own expert in the market.
Reasons to become a master discretionary trader
1. When you get good, you shouldn't have any losing days or losing trades (unless you choose to have them).
2. Your 'method' never stops working.
3. You won't need to design, test, or backtest any more systems or strategies.
4. You won't worry about curve fitting.
5. You won't worry about market conditions changing.
In my experience
-This is more art than science, but more strategy than art.
-If we want to get really good, I think we have to try on many different ways of looking at the market to gain higher quality perspectives of what works, what doesn't, and why. Understanding reality is the bedrock of anything that works.