Post
Topic
Board Trading Discussion
Re: What do you prefer between pure price action and indicators?
by
bettercrypto
on 15/06/2024, 19:04:16 UTC
When it comes to trading, there are two groups of traders: those who like to use indicators and those who prefer price action only.

Traders who use indicators say they provide accurate entry and exit signals but may sometimes lag. Price action traders argue that indicators rely on price data and thus are unnecessary.

What do you prefer: price action only or indicators?

Remember that neither of those two is accurate, although they are equally helpful to all traders who have an understanding of trading. That's why the unpredictable will not disappear from the market. I think you missed this point. That depends on the analysis done by an individual trader.

We will not have the same technical analysis done because we will think differently when reading the chart. We may have the same tools that we use, but we are different in how we use them when we perform technical or fundamental analysis.