Traders Laboratory - View Single Post - Divergences: Indicators?
View Single Post
  #9 (permalink)  
Old 10-24-2006, 08:27 PM
Soultrader's Avatar
Soultrader Soultrader is offline
Soultrader is focusing on discipline.

Trader Specs
 
Join Date: Aug 2006
Location: Tokyo, Japan
Posts: 3,142
Thanks: 138
Thanked 436 Times in 192 Posts
Send a message via Skype™ to Soultrader
Re: Divergences: Indicators?

Totally agree with you guys..... but its almost impossible to convince indicator based traders that price action is the holy grail. Its like a religion... traders find it hard to convert.

I had a discussion a few weeks ago and openly stated how indicators are useles. The response I received was unbelievable. Traders were actually defending their unprofitable systems!

__________________
James Lee
TradersLaboratory.com
-----------------------------
Empowering traders with knowledge.

Please support TL by visiting our sponsors. Thanks!
Reply With Quote