tradig system indicators-the reality

[rvlv]

Hi
Often the trader thinks i is th indicators that make the market move.
The reality is market price moves on its own and indicators just indicate.
Event occurs first and indicator shows the event has finished.

Market moves first and indicator may or may not indicate the reality.
Think twice.
indicator may indicate very late.

 

[umeshmandal]

So very true ! Trading is whole lot a game of "probabilities", Indicators may allow one to catch part of the Trend ! The basic requirement is discipline and MM !

 

[test123]

well said but charts don;t predict They revil

it;s we the trader that makes mistake to understand
Market is never wrong :xD

 

[karunakumari]

Hi
Often the trader thinks i is th indicators that make the market move.
The reality is market price moves on its own and indicators just indicate.
Event occurs first and indicator shows the event has finished.

Market moves first and indicator may or may not indicate the reality.
Think twice.
indicator may indicate very late.

does price really move on its own? or does it move because people are punching their orders. you may want to read Lance Beggs course material. Understand 'cause and effect' explained in his course.

you are right about indicators, but you do not have a clear understanding what really drives price.

i just hope to guide you. please take the above words in the right spirit.

Karuna

 

[bunti_k23]

price moves because of supply and demand as per my thinking...,indicators are derived from price, but divergence of indicators can be considered for making our next move with respect to price...:annoyed: