The importance of indicators in analyzing financial markets.
Detailed explanation:
■ Indicators are our compass that guides us in the world of financial markets.
These indicators collect a huge amount of data about prices, trades, and investment volume, and then summarize them in the form of numbers and charts.
■ Why are they important? Because they help us understand what is happening in the market now, and what might happen in the future. Imagine that you are driving a car at night, the headlights are your indicators that help you see the road ahead and make the right decisions.
■ We don't need a lot of indicators: It may seem complicated at first, but the truth is that we don't need to track all the available indicators.
It is enough to focus on the main indicators that reflect the performance of the market in general.
■ Indicators absorb everything: Even unexpected events such as natural disasters affect financial markets and are reflected in indicators. Prices may drop sharply at first, but markets soon regain their balance and begin to recover.
Bottom line:
Simply put, indicators are a powerful tool that helps investors make better investment decisions.
