Do you know how to use technical indicators properly?
foreign exchange marketInvestors in the platform used various indicators as auxiliary tools to find out the direction of investment. This phenomenon was very common, and some investors were superstitious to the point of complete dependence. To be fair, all the indicator systems in the platform were good, and only those that had been verified and found useful by countless seniors could stay.
Taking the moving average as an example: it is the moving average obtained after the average of 5.10.20.30. 60.1270.250 days is smoothed, that is to say, the original inventor used it to predict the cycle after 5 days as a reference, and it is only suitable for making a market anticipate for the big cycle.
Nowadays, many domestic investors use the moving average as a compass for entering and leaving the market, which is right, because this indicator is still quite easy to use. Since there are such good indicators, but they still can't make a stable profit for a long time? The mistake is that they use it to look at the 1.5.15.30-minute chart. People invented it to look at the cycle of more than 5 days and you use it to look at the ultra-short-term trading. The parameters are different. Can it be accurate? Profit is only accidental, and long-term losses are inevitable.
Fibonacci retracement line {also called the golden section line} Similarly, as long as you can accurately find its basis point to give a clear indication of the market outlook, if your basis point is wrong, the result can be imagined!
KDJ.MACD.RSI.AC trend indicators, Bollinger channels and so on.
Investors must have an accurate understanding of the metrics you rely on, and it is your tool for making money. Otherwise, you won't even be able to find a loss there.
Then again, there has never been a 100% "accurate" indicator tool or operating system in the investment market.
The reason is very simple. If this market is calculated through a formula, it can be profitable. That is to say, as long as you master this tool, you can win without risk, and everyone can make money. The problem is, if no one loses money, where will your profit come from? {The foreign exchange game is a zero-sum game. The sum of capital on the table will not change. What changes is its redistribution. If you win, it means that someone loses, and if you lose, it means that others earn.}, there is no possibility of a market without benefits.
Make good use of your tools and become its master, so that you can become a market leader!
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Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
