10. Indicators: useless
Last updated
Last updated
You can just watch the bars.
Beginners think indicators will protect them from risk, but actually not. Indicators mislead you.
Indicators do NOT tell you the probability. If you trade every indicators' signature, you will suffer a lot of small/tight stop loss. But accumucations will cause big loss.
Indicators are built on top of price action.
Indicators can overlapping.
Indicators can contradictary to each other.