i’m not convinced - the people paying the 7-figure salaries of successful institutional traders seem somehow to have found objective enough ways of valuing those traders’ work? i mention them only because they’re collectively far more successful than the tool-users, according to your description …
2 Likes
Not sure the argument you’re trying to make. Maybe that some traders trade naked w/o any indicators. Ya I’m sure they’re few and far between. 7 figure salary makers even use fibs or even structure lines (which is some type of indicator).
To your point though, the people making 7 figures are probably market makers and trade a whole different way (still probably use a indicator and help create the price action) They’re looking for the best way to add liquidity so they can move billions of dollars. Biggest missed clue, IMO, is the market is 1:1.