ilmscore | Prediction Details
"If you rely to Much is fine if you rely too much on Indicators then what happens is you as a Traders become vulnerable because you are in the market You just can't study The indicator is telling you this, go ahead. This indicator is going to be here and there Let's take a trade like for example We go to the charts to understand you. It will be a little difficult so I will directly I will tell you by doing it, like many There are strategies that you consider two Put indicators on let's say for example We work as you see here. It is written technicals, this technical there are indicators okay let's see some people I use moving averages right now. showing for okay a one any We simply use the moving average or Then use EAMA, you could have used an EM. For you guys, it all makes sense now. It won't come as if you guys have played a triple You have used the EA, okay you have used it. If you had taken something like this, you would have been told this That is, when EA is like this then you will be like this. Taking a trade is indicator based. Trading or Indicator Based Strategy Now Tell me if trading was that easy You made one line and then one or two And drew a line as if this was a chart for For example, there was a chart like this between one of the lines came some people will say a And put another EMA AMA or else Put baller bands along with it, if this happens then such If taking trades were so easy that it would be barren Bands installed or one or two indicators If you have placed an order and this happens, then take the trade. It doesn't happen like that, okay, so if you believe Too much on indicators so your losses too You can grow up and fail as a trader. You will be because you will not be able to trade. You are living according to yourself, you are just indicators You have become a slave, okay I hope you understand."
By Trade with Purab | September 28, 2024 | Pending
From video
ULTIMATE PRICE ACTION COURSE 🔥 - 3 Hours Non-stop 📈 | Trade with Purab 00:25:36 - 00:27:17
Interpreted Prediction
Over-reliance on indicators can make traders vulnerable and dependent, hindering their ability to study charts directly. Trading solely based on indicators is presented as a simplistic approach that is unlikely to be effective.

Prediction Details

Topic
Reliance on Indicators

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