Tuesday, December 13, 2016

Pattern in Action or Hindsight

The stock patterns are very hard to spot on time. They all look good and impressive in hindsight. To really find a good trade setup and a right entry, traders have to be intimate with stock moves day in and day out. Use daily chart to know what is going on with a stock, and weekly or monthly charts to have trend perspective. It really takes patience, courage, and discipline to ride a trend to the end.

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