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Old 13-04-2006, 12:49   #329
Whathell
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Re: Indicators are overhyped... The truth about them...

hmmm if you say indicators doesn't work and you lose money, then perhaps you could take advantage of your observations and trade against the indicators
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Old 13-04-2006, 17:15   #330
WmWaster
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Lightbulb Re: Indicators are overhyped... The truth about them...

Quote:
Originally Posted by Whathell
hmmm if you say indicators doesn't work and you lose money, then perhaps you could take advantage of your observations and trade against the indicators

It won't be so perfect.
He probably encounter the situation where indicators sometimes work, sometimes not. To him, indicators / TA is purely random and is not predictive in nature.

If one can trade against the indicators and win, you can't say the indicators don't work. They do work but in the opposite way. That implies the previous interpretation of indicators is wrong, be it your or creator's fault.
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