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> Why not just be a tape reader and forget charts,
> or trade fundamentally with the news. Likewise, you should only use the
> important part of your mathematical formula, just leave out the rest.
Why indeed? Some of the most successful traders work from "naked"
charts... just the price and maybe the volume with no indicators or
extra lines whatsoever.
At the other end of the spectrum, if you use mathematical calcs, why
would you want to include anything that is not important to the result?
In electronics, it's called degrading the signal to noise ratio.
Less-is-more-ly,
Dennis
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