Ask any retail trader about their risk management strategy, and you will almost always get the same answer: "I set a 20-pip stop-loss on MetaTrader." It sounds responsible. It looks professional on a chart. But if a simple stop-loss were the golden shield against market ruin, why do over 90% of...
Here is the thing about technical indicators that no charting course opens with.
Every indicator you have ever used, like RSI, MACD, Bollinger Bands, moving averages, is calculated from price. Price is not calculated from indicators.
This is not a semantic point. It has real consequences for...
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