NexusFi: Find Your Edge


Home Menu

 





Indicators are liars


Discussion in Platforms and Indicators

Updated
      Top Posters
    1. looks_one Fat Tails with 35 posts (51 thanks)
    2. looks_two cpi65 with 15 posts (6 thanks)
    3. looks_3 JetTrader with 8 posts (21 thanks)
    4. looks_4 vvhg with 6 posts (4 thanks)
      Best Posters
    1. looks_one JetTrader with 2.6 thanks per post
    2. looks_two PandaWarrior with 1.8 thanks per post
    3. looks_3 Fat Tails with 1.5 thanks per post
    4. looks_4 cpi65 with 0.4 thanks per post
    1. trending_up 32,129 views
    2. thumb_up 137 thanks given
    3. group 25 followers
    1. forum 111 posts
    2. attach_file 23 attachments




 
Search this Thread

Indicators are liars

  #111 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748

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.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
Build trailing stop for micro index(s)
Psychology and Money Management
Futures True Range Report
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
36 thanks
NexusFi site changelog and issues/problem reporting
25 thanks
The Program
20 thanks
GFIs1 1 DAX trade per day journal
19 thanks
  #112 (permalink)
sayfuji
Kiev
 
Posts: 6 since Mar 2011
Thanks Given: 0
Thanks Received: 0

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.

Reply With Quote




Last Updated on August 7, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts