Trading price alone is a lagging indicator

Trading price alone only has one advantage, it gets a trader away from those double lagging indicators. Other than that its only benefit is to show where things are at. The ultimate and biggest underlying factor in becoming a profitable trader lies in supply and demand. It gives the reason why  price should move along with the direction. Price is only there to follow the road map set by S&D. I am sure you are wondering how one must go about reading S&D. It is not by any type of chart pattern (that can be found in any weather chart) or any other funky astronomy or magical computer. This is where the screen time comes in. Have a great day!  ;)

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This entry was posted on Friday, August 19th, 2011 at 8:33 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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