HOGWASH! As a trader you want to know "when to buy" and "when to sell". What else is there? What you're always "trying to accomplish" is to make a profit.
Indicators
- Thread starter Lizard5980
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HOGWASH! As a trader you want to know "when to buy" and "when to sell". What else is there? What you're always "trying to accomplish" is to make a profit.
LMFAO....
Guys saying that this and that doesn't work is because they haven't been able to use them successfully.
Indicators and TA don't work.
Neural network and MLP don't work.
Price action doesn't work.
Fibonacci doesn't work.
They are only tools. An hammer doesn't work if you don't know how to use it. But some people can build houses using them.
To trade successfully, we need tools, strategies, risk management, plans, etc.
Based on what you just wrote, you weren't able to use indicators. Some people do, some others don't.
Btw, I'm not using them, and it's not because they are all garbage.
I'm a huge well of knowledge, experience and market success. Your loss.
Like I've said... arguing the market and TA is like arguing religion. No winning if you disagree.
I want to follow the trend of the price of the instrument.
You should do exactly that. It's part of Price TA.
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I find that the RSI indicator is useful
I've had you on the "back burner" of one I perhaps should put on ignore. This post did it.