About technical indicators
It is enough to learn three of MACD and KDJ. Mastering one is better than stacking ten. Having too many chef knives will make you lose your ability to cut vegetables.
I like to drop all the indicators and just use price action. This is the purest way to trade and gives the best indication of what price will do. Indicators lag so are never as good as looking at price movement alone
When I started, I wanted to use every indicator I could find, but it just made things messy. Sticking to MACD helped me focus and understand how they actually work.
Technical indicators are great, but only if you actually understand what they show.I used to load my charts with 10 of them and still couldn’t make a clear decision Now I stick to a few — moving averages and volume mostly — and focus on price action.Gerchik & Co’s analytics helped me learn how to use indicators with purpose, not just decoration.
