Short YouTube commentary by Kardec Trader (uploaded Oct 6, 2023) advising traders to prioritize reading price action and market flow rather than relying on multiple technical indicators, which the speaker argues create noise and conflicting signals.
Do. I think a new trader should focus on indicators if you know why you're using the indicator? Sure. I don't have anything against indicators. For me, I think just reading the price action and reading the flow of the market for me makes the most sense. When you overly complicate and add different things, those different, different things will always contraindicate whatever your first idea was. Like the chart may tell you go long, the indicator may tell you to go short. Now what do you follow? Becomes too much noise. So for me, it's removing that takes away the noise, and focusing just on the action allows me execute at a better level. Instead of I have to go through four or five other things and I have to confirm and make sure they all line up. Doesn't make sense to me.
