I agree 100% with you and Cap. Indicators are mostly an afterthought, only to be used as one tiny piece of technical evidence (i.e. looking for a divergence and/or trend continuation signs). Also, as Cap said (in a later post after yours), money management money manegement money management.
Most people concern themselves with being right. I know people that can be wrong 70% of the time and still be profitable.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.