Hello all, happy monday!

In my 8 years of trading I've examined thousands of strategies, indicators, and tickers. I've had up years, down years, and everything in between. However, over the last 12 ish months or so I've been able to significantly improve my trading results and consistency! I'm very happy about this.

What changed? - Well, I stopped using indicators. I trade naked charts with no indicators, lines, supports/resistances, or anything else. Turns out that's a really great way to learn price action.

All that being said, we are all aware that the majority of traders are unable to beat the market, and in fact a significant amount end up blowing up one, or multiple accounts (I've blown up an account...hard lessons ya know?). Many of these traders use popular indicators like SMAs, MACD, RSI, Support/Resistances, and others. Every subreddit, trading group, youtube channel, twitch, or anything else, you see hundreds of comments about " ABC ticker has a support at $25 so expect a bounce there."

Yet... most traders are not profitable. Most traders use these indicators, they rely on supports/resistances, and yet they consistently fail to beat the market. Which to me says that if the majority uses a tool, and the tool does not yield useful results, its not a good tool.

What do you all think about this? Have you seen useful, tangible results come from using support/resistances or other indicators? Do you think these tools are actually useful from a profitability standpoint?

Thank you for your thoughts!