Imogen Beaumont
Well-known member
Are indicators really helping, or just giving us a false sense of control? Most indicators lag behind price, yet many traders rely on them heavily. What do you think?
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Are technical indicators just a way to make trading feel scientific and factual?
- Thread starter Imogen Beaumont
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Mdraghib
Active member
Absolutely very good question! In my opinion, indicators are very helpful when trading forex or any other type of trading, like stock or gold trading. They help us analyze the market and make more informed decisions.
That said, it’s also true that most indicators are lagging, meaning they reflect past price movements rather than predict future ones. This is why relying on them too heavily can sometimes create a false sense of control, especially for new traders.
Indicators work best when used as supporting tools, not the sole basis for a trade. They can help confirm trends, identify potential entry or exit points, and assist in managing risk. But to be truly effective, they should be combined with price action analysis, market structure, and a good understanding of market fundamentals.
That said, it’s also true that most indicators are lagging, meaning they reflect past price movements rather than predict future ones. This is why relying on them too heavily can sometimes create a false sense of control, especially for new traders.
Indicators work best when used as supporting tools, not the sole basis for a trade. They can help confirm trends, identify potential entry or exit points, and assist in managing risk. But to be truly effective, they should be combined with price action analysis, market structure, and a good understanding of market fundamentals.
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