I’ve by no means used a TA indicator to decide, be it my very own dealer’s or Morningstar’s or TradingView’s.
For individuals who do not know what I am speaking about, this is it.
My very own frequent sense tells me that if these instruments have been correct, at lot of individuals could be lots richer than they’re proper now.
What for those who arrange a paper commerce the place you acquire inventory solely primarily based on one in all these instruments? Purchase the inventory when Tradingview’s needle says purchase, diligently promote when it says promote. Do the identical for all the opposite websites.
One thing tells me the reply is “you’d lose a ton of cash, these indicators are solely meant to aide your choice, not rely 100% on them!” and that is most likely proper.
On the similar time, I already think about them nugatory so it would be enjoyable to perform a little experiment.
What are your ideas?