In the early days of entering the market, I fell into a common misconception — thinking that the more complex the technical indicators, the more effective they are. Bollinger Bands, MACD, RSI, stochastic indicators... I colored the charts in vibrant hues, as if the denser the lines, the more accurately I could predict the trend.



Reality hit me hard. Signals often contradicted each other, resulting in frequent stop-outs. Sometimes multiple indicators would "speak" at the same time but point in completely opposite directions. Losses continued to accumulate, and I began to doubt my judgment.

Until after a significant pullback, I made a bold decision — to delete all the complex auxiliary tools and only keep the basic candlesticks. At that moment, it was as if I suddenly had an epiphany. The price movement itself had already told the story clearly; I had been spinning in the noise of signals all along.

**The Secret of Candlesticks**

The history of candlesticks dates back to 18th-century Japanese rice market trading. Today, it has become the standard language of global financial markets. Each candlestick condenses four key pieces of information: open, close, high, and low prices.

It may seem simple, but it contains profound meaning. The body (the distance between open and close) reflects the relative strength of bulls and bears at that moment. The shadows (the vertical lines above and below) reveal the intensity of the actual battle between buyers and sellers.

A thicker bullish (white or green) candlestick indicates that the bulls won more thoroughly that day; conversely, a longer bearish (black or red) candlestick shows the bears' control was stronger. As for the upper shadow, it indicates that someone sold at a high price; a long lower shadow suggests that buyers stepped in at the bottom. All these signs are written into the candlestick.

One experience left a deep impression on me. A certain coin had been falling for several days, and at a certain point, a hammer candlestick with a long lower shadow suddenly appeared. I didn’t hesitate much and quickly entered the market. The subsequent movement confirmed my decision — a rebound followed. This was not luck; candlesticks, in their simplest language, told me that the market's bottom support was awakening.

**Less is More**

Looking back, the core of this transformation boils down to six words: return to basics, trust the price itself. No need for complicated systems or flashy parameter adjustments. As long as you learn to read the story told by candlesticks, you will be well-equipped to handle most market opportunities.
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SchroedingerGasvip
· 21h ago
Damn, this is a true reflection of the period when I was losing money. The indicators are piled up on the screen, but I keep losing more. Less flashy stuff actually makes me clearer, and candlesticks never lie. It might sound a bit absolute, but truly understanding the fundamentals of candlesticks is better than anything else. This set of theories sounds good, but in actual trading, candlesticks can also deceive, right?
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Fren_Not_Foodvip
· 21h ago
Really, I've been through this stage too. A bunch of indicators just confused me more. After removing all the flashy stuff, I realized that price doesn't lie at all. This moment of enlightenment is worth it. I found that looking at pure candlestick charts really clears my mind, with fewer signals but more accurate. I agree, less is more, this is definitely not just empty talk. I used to have indicators all over the screen, now I only look at candlestick charts. I resonate with the example of the hammer at the bottom; its recognition rate is indeed high. To put it simply, it's about returning to the essence and not over-interpreting.
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MeaninglessApevip
· 21h ago
To be honest, the more indicators you pile up, the easier it is to get confused. This is really a big trap. That's why I gave up those flashy things; pure candlestick charts keep me much clearer. I've also experienced the hammer pattern; a long lower shadow is truly a strong signal. Watching others tweak parameters like crazy, I just focus on the price itself, it's simpler. Actually, less is more; the market itself is the answer. Don't overcomplicate things.
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MetaMaskVictimvip
· 21h ago
This is just outrageous. I used to only dare to act when indicators were piled up on the screen, but it was all false signals that clearly cut me. Candlestick charts are indeed awesome, much more reliable than those flashy things. Only after removing all indicators did I truly start making money. If I had known earlier, I would have taken fewer detours over the past few years. By the way, the most testing moment for human nature is when you can't understand the candlestick charts and don't dare to buy the dip. If I had listened to this theory earlier, I wouldn't have lost so much.
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AlwaysMissingTopsvip
· 21h ago
Here are several comments with different styles: --- Really, the more indicators you stack, the faster you lose. I've been through that too, haha. --- I've also encountered the hammer line wave. At the time, I was a bit uneasy... Only later did I realize that the price was speaking. --- Deleting indicators was truly an epiphany, but honestly, you have to suffer a few losses to understand. --- Bollinger Bands and MACD are all just illusions; in the end, you still have to rely on the candlestick itself. --- I feel this is the inevitable path from complexity to simplicity. Everyone has to go through this pit. --- A long lower shadow really indicates someone is supporting the bottom, but you still need to consider market sentiment. --- Why do beginners always have to color their charts like a rainbow to feel secure... Clearly, the simpler the signal, the clearer it is. --- Candlesticks are the most honest; they never deceive.
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PanicSeller69vip
· 21h ago
Wow, I used to be the same way, with so many indicators that I was overwhelmed, and the conclusions became even more unclear.
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OnchainUndercovervip
· 22h ago
Really? I was also fooled by those flashy indicators before. The more complicated and professional they look, the faster you lose money. I have deep experience with hammer candles. The lower shadow can indeed indicate bottom strength, but it also requires coordination with larger timeframes. The step of deleting indicators is crucial. Many people fall into the trap of being reluctant to skip this step.
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