Strong advocacy for prioritizing price action over technical indicators in trading analysis.
The quote argues that indicators are inherently flawed because they are "lagging," meaning they are calculated based on past price data. By the time an indicator generates a signal, the market has already moved.
Therefore, the central idea is that traders should focus directly on price itself, as it is the most current and direct representation of market sentiment and behavior. This is the fundamental principle of price action trading.#InvestorFocused #InvestSmart