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Three Methods for Trading RSI
Indicators can be dangerous. As traders, they can help us simplify past proceedings on the chart; but without proper context, indicators can cause traders to lose significant amounts of money. The reason for this is simple: Indicators have no better chance of predicting the future with 100% accuracy than any of us as human beings do. With technical analysis, that’s all we’re really doing: Looking at the past to get an idea as to how to best trade future price movements. Technical Analysis can help traders associate the probabilities of success; and indicators can help traders more easily identify high-probability ... (full story)
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