The Dangers of Being Over-Reliant on Futures Trading Indicators

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This article on Futures Trading Indicators is the opinion of Optimus Futures. As humans, we’re always looking for answers and explanations on why things happen. When it comes to trading everyone wants that one ‘magic bullet’ or tool that will make them successful. They want to find the holy grail of trading indicators that turns every setup into a winner. Unfortunately, nothing like that exists. Or if it does, it isn’t widely shared. It’s uncomfortable not being able to explain things. That’s why we believe so many futures traders are committed to learning and trusting their indicators. Traders typically believe…

Richard Baley the head of trading at Axia Futures says that indicators should be used as a confirmation tool not for taking decisions