The reason I dont use any indicators

Discussion in 'Technical Analysis' started by Grantx, Sep 12, 2017.

  1. Grantx

    Grantx

    You get really emotional talking about indicators. Why?
     
    #41     Sep 12, 2017
  2. "...My reason for not using any indicators is because they influence my decision making ability in a negative manner..."

    What? You want us to believe that you understand that they work but you offer an excuse to not use them?
     
    #42     Sep 12, 2017
    murray t turtle likes this.
  3. Xela

    Xela


    My contention is simply that they clearly work for some people, while for others (of whom I happen to be one, myself - and one who has done a lot of work and study of them, has previously used them with some success, and isn't short of experience with them) they don't add enough benefit to be worthwhile. If you think that's "HOGWASH!", then probably we simply need to agree to differ. (Not quite so dismissively, from my side, but you're perfectly entitled to give your own opinion in your own style! ;) ).
     
    #43     Sep 12, 2017
    murray t turtle and beginner66 like this.
  4. 1. There is a wide-spread (and false) belief that "TA doesn't work" and that "Indicators don't work". Both are completely false.

    2. I don't care who "gets it or not"... and I could go into depth to educate, but not going to. I leave it up to traders to do the work/research to figure it out.
     
    #44     Sep 12, 2017
  5. Grantx

    Grantx

    I dont care what you believe my friend :)
     
    #45     Sep 12, 2017
  6. More HOGWASH! Not, "works for some people". Works for those who understand. That's not "some people".
     
    #46     Sep 12, 2017
    ThunderThor likes this.
  7. Well, then I suggest you put me on ignore. Apparently you're not interested in anything I have to say on trading.
     
    #47     Sep 12, 2017
  8. Grantx

    Grantx

    I dont want to ignore you! You are interesting to talk to. Im happy to be educated but you dont want to teach me! Where do I start or what must I do to better understand your point of view?
     
    #48     Sep 12, 2017
  9. I don't have a "point of view". I was schooled in science. Data is fact.

    Research the notion of "indicators vs correlations to market price".

    My contribution to this thread is that if you believe, "indicators don't work", then you're fishing in a dry hole.
     
    #49     Sep 12, 2017
  10. speedo

    speedo

    Data is fact until it isn't...consider quantum physics.
     
    #50     Sep 12, 2017