Quote from: ChuckBuck on Today at 01:04:57 PM

I've seen a lot of traders like you spend hours backtesting, messing around with Pine Script on Tradingview, and other things. It's all just an illusion.

Here's what's really going on. You are correct. When you look at facts from the past, it all seems to make sense. This is known as "hindsight bias". But the market doesn't care about your old data or how well-written your scripts are. The market evolves, it's dynamic. Today's winning strategy could be tomorrow's disaster.

But what do you know? There ARE traders in the world who have done well. Not by chasing after the perfect combination of indicators, but by developing a profound understanding of the market, its movements, and its psychology. Stop focused on indicators and start learning about the market in real, tangible ways. Learn about trends and how the market feels, and build a plan from the bottom up. It's not the tools, but the person who uses them. Roll Eyes

i can agree with what you said, but having knowledge of trading indicators is not all bad. you can understand what have had happened in the market if you know what you're looking at.
but since every project is different, you can't totally use what you learned about indicators. most of the time, these projects don't follow any known market behaviour. because it depends on the plans of the dev team. just look at those pumpndump coins. do you really think your indicators will help you if suddenly the team decides to rugpull. i don't think so.