Technical Indicators Myths - Do you still believe?

Описание: Secondary Indicators are mathematical formulas that people have created to determine trends and movement in an underlying stock. They are often based on price, volume and momentum. How the formula is constructed will determine how the data is reported. Some technical indicators work best in trending markets, but fail in other market conditions, while other indicators work better during those times. When people study many technical indicator myths, the data doesn't stand up to scrutiny and many technical indicator myths cause traders to get into bad situations. Watch the video and see if you still believe in any of these technical indicator myths.

In this class, we discuss the shortcomings of secondary indicators and some of the misconceptions that traders have of technical indicators and technical indicators failing. Any technical indicator fails in a certain market environment. Knowing what these environments are is essential if you want to still believe your technical indicator myths.


If you liked the contents of this video and want to learn more about trading the firm’s capital, please click on one of the following links:

To learn more about trading in the firm’s Stock/Options Division, go to: https://mavericktrading.com/applicati...

To learn more about trading in the firm’s FX/Crypto Division, go to: https://maverickcurrencies.com/applic...

If you simply want to learn more about proprietary trading, please view our White Paper at: https://mavericktrading.com/what-is-p...