Investors use technical indicators often. The goal is always the same: find a trading edge. That can come in the form of identifying more winning trades than losing trades; or by timing entries into trades to catch bigger winners and smaller losers.
Many people claim that they can gain an edge by using indicators, but experience shows that a lot of them fail to work as advertised.
Of course, some work better than others. But among the worst-performing indicators are unfortunately some of the most popular. Specifically, we’re referring to ones used to describe markets with....More>>>