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How Accurate are Indicators, Strategies and Technical analysis tools in general... can you blindly follow them all the time, do they perform 100% of the time accurately and take you to the Promised Profit land? .... as many of you might have found out already, Indicators have their own limitations, at times they perform as if the Markets take permission before going down and going up from them, and at times, they are at tangents.
Of so many things, the most important thing that decides whether the Indicators and Strategies will work or not is 'Volatility',... if the markets are in a mood to take direction, whether it's up or down, doesnt matter, as long as the Markets are ready to go either of the direction, your tools and indis will work just fine... but if the Market plays the indecision card, there is no indicator or strategy or system in the whole world that would work, and work all the time.
In this video Edward Ji explains you the Importance of understanding Volatility in Markets, and it's significance in deciding Stop loss and Take profits. In the subsequent videos on Stop loss and take profit, Volatility will me mentioned a lot, so request you to get the concept pretty clear in your head...
Hope this will help you in understanding the markets well, and will improve your accuracy in trading.
All the very best.
Edward Ji
