LUCKMCFLY
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September 03, 2021, 04:17:41 AM |
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I think that the indicators their efficiency depends on the type of trading that is going to be done, there are some indicators that are essential when it is long-term trading, and I know that those who like short-term trading or "Scalping" are much more efficient others indicators.
However, it is much better to have the best scenario for the market before doing a technical analysis, because an indicator can tell you to buy, but if the market is in a bearish trend what you will have is losses.
When you have an idea of how the market moves, when using a technical indicator, the probability of winning increases above the average, otherwise only trading with pure indicators without having an idea of how the market moves can lead to failure quickly.
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