What is price action trading?

[Good-Person]

There are many traders who tend to use many different kinds of indicators when it comes to trading in stocks or trading in any kind of market. However, on the other hand, there are many traders who believe that price action trading is far much more beneficial. So, is this really the case?

 

[Debashis]

Price action trading is a trading strategy that involves making decisions based on the movement and behavior of price on a chart, rather than relying on indicators or other technical analysis tools. Traders using price action look for patterns and trends in price to predict future market movements. It is actually very beneficial but involves a lot of risk as well if not analyzed well.