Tuesday, January 30, 2024

Why I hate indicators

Don't trade with your rearview mirror

Friend,

We've all been there at one point or another.

You're driving along a crowded street when something catches your eye in the rearview mirror.

It might be a glint of something shiny, a wacko driving erratically, or a brand new sports car going the other way, but whatever it is, you look at it for just a few seconds and all of a sudden…

You look up and see brake lights and have to slam on your own brakes… or worse… you hit something!

Traffic accidents happen like this all the time for a simple reason: drivers who don't focus on the road ahead of them tend to make mistakes.

And that's exactly what happens when you try to trade with most popular indicators.

Looking at indicator data shows you the past. You can't see future momentum. You're trying to forecast the future judging only by where the stock has been.

It's like driving while looking in the rear view mirror. And, just like driving, you can't predict what is about to happen very well by looking in the past.

Having worked with thousands of traders, it's obvious to me that this is the #1 issue most traders deal with.

They're stuck using indicators to try to forecast the market - sometimes they have about a hundred of them - and they have no idea how to actually look at the future signals for price which is all that matters!

Once they learn to focus on future price potential, their entire mindset and approach begins to change… and so do their results!

Because the truth is that candlesticks or indicator data do not cause stocks to move. And unless you're focusing on what actually does make stocks move, how could you possibly forecast it accurately??

It all boils down to understanding that one thing:

What causes stocks to move?

And tomorrow, I'm going to give you the entire answer.

I'll talk to you then,

image
image
Profile Image Fausto Pugliese
Founder and CEO
Cyber Trading University
faustop@e.ctutrading.com
(516) 280-5350 - Home
www.cybertradinguniversity.com

Unsubscribe | CyberTradingUniversity.com is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. In addition, owners, employees, or representatives of Cyber Trading University are not investment advisors or registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory. IMPORTANT NOTICE! No representation is being made that using this strategy or any trading methodology will be profitable. Past performance is not necessarily indicative of future results. There is substantial risk associated with equities trading of securities and options. Trading securities is not for everyone. Disclaimer: Day Trading, Swing trading, Stock Trading, Futures, Options, and Currency trading all have large potential rewards, but also large potential risk. You should be aware of the risks and accept them in order to invest in these markets. Do not trade with money you cannot afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation or promise is being made that anyone is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading methodology is not necessarily a guarantee of future results. Visit our website below to read the full disclaimer. https://cybertradinguniversity.com/terms-of-use-disclosures/

Cyber Trading University
6800 Jericho Turnpike
Suite 116W
Syosset, New York 11791
United States
(877) 702-9237

No comments:

Post a Comment

Did You See Trump’s Bombshell Exec. Order 001?

The most lucrative, too...  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏...