> Trying to trade purely off technical analysis is a disaster waiting to happen. Watching purely a leading indicator can get you in trouble with false positive

> Trying to trade purely off technical analysis is a disaster waiting to happen. Watching purely a leading indicator can get you in trouble with false positives; while a lagging one means missing some of the trend. Yes, you can take it too far, use too many indicators, or look for trends in ranging markets and other mistakes.