Indicators are used to measure
1.Ignorance
2.Hope
3.Fear
4.Greed
Closer the indicator is to the price-volume-time elements the better.
Remember :
If you beat the numbers to death, you will see what you want to see.
At the heart of your fears lies the solace..... Lao Tse (I do not remember the exact quote)
The next time u r afraid of something, chant this mantra and jump right into it.......
Can you guys recommend me a software which integrates well with IB's daily reports and is a good portfolio management program for positions in Futures, Options and Stocks(Something like optionMoney)?