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Indicators are liars
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Created: by Fat Tails Attachments:23

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Indicators are liars

  #111 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
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Sounds like reading a science textbook on physics or chemistry like comparing a bar of price data to an atom with components and multiple dimensions to it. Or a set of quantum mechanics properties , different types of spins and shells. Then applying this across different time frames I'm lost there and can't visualize that. Not that I have grad or post-grad school. Just reminds me of intro to physics or chemistry class or a textbook. And would this apply to price behavior outside of trading, like grocery store items and manager markups or discounts on a weekly basis.

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  #112 (permalink)
 Vendor: www.mxprofit.net 
Kiev
 
Futures Experience: Advanced
Platform: Ninja Trader
Favorite Futures: ES
 
Posts: 6 since Mar 2011
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One time almost every trader understands, that indicators are not grail - it's just methods. And as for trading, experience is much useful than naked technical analysis. In hard market situation no one indicator doesn't help.

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