Originally posted by OldTrader
Most of these software type indicators cause you to buy on stength, sell on weakness. This is a big disadvantage on the normal types of trading days....ESPECIALLY if you're a day trader.
I'd appreciate it if you could expand on this some more. My impression, so far, is that Buying On Strength and Selling On Weakness is one of the "Golden Rules" yet you've suggested twice in this thread that it's a Bad Thing. I'm confused.