If you're going to be aware of it, then why not study it? So that you are at least aware of how it works and what it's limitations are?
Also your point about there being a myriad of indicators, is a non-point, I use only two. One to ID cycle peaks & troughs in conjunction with price pattern wave form and one to gauge momentum.
Actually, I also use MAs, but don't consider them to be indicators.
Are you aware of The Laws regarding the right of property ownership, and, if someone damaged your property what would you do about it:?:
One does not have to know everything in order to make money trading, and, in fact, some say the less you know the more you can make
😎
We must always remember that "there is a reason for everything that happens", and, that there is no such thing as luck or chance, for, if one is to think like that then one might as well be living back in the 1500's - 1800's, where everything had to have some silly reason for it, like, the world being flat
😆 or, the stars being Gods
😆😆, or, the ability to turn lead into gold
😆😆😆
BTW, one of your famous TA is named after a person who spent most of his life trying the latter above
🙄😗cheesy:
When you trade you must be fully focused on the right thing, if not, you will either lose or not make as much as you could have made, which, means you lose either way, for, time = money :smart:
Anything that distracts you from making money, or making more money than you made, is of no use and should be discarded ASAP
😱
But, YOU ask, what am I supposed to do if TA is all I know, and, surely if everyone else is doing it that makes it RIGHT
😆
Sure, OK, NP, and the stars are still Gods
😆
TE
