Errors & Myths

Bollinger Bands are one of the most widely used technical indicators, but how effective are they really? In this post, we’ll break down their strengths, weaknesses, and when they’re most useful for traders. Why Traders Use Bollinger Bands How Accurate Are Bollinger Bands? Bollinger Bands are not predictive; they are reactive indicators. That means: Accuracy…

Common Mistakes to Avoid When Using Bollinger Bands Bollinger Bands are one of the most beginner-friendly technical indicators—but misusing them can lead to false signals, early exits, or bad entries. If you want to use them effectively, it’s crucial to know what not to do. Let’s go through the top mistakes traders make and how…