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Strategies & Market Trends : Technical Analysis - Beginners

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To: Michael Watkins who wrote (11189)2/1/2001 8:13:41 AM
From: Monty Lenard  Read Replies (1) of 12039
 
Michael

"I suppose those times have not returned as yet, but one lesson learned was that some candles became less useful over time"

That is what is wrong with the BOOKS. They do not teach one how to trade them. More to a shooting star etc than just a shooting star. It is important to IMAGINE what a comfimation looks like and IMAGINE what scenarios can play out that will tell you very quickly which side you are on. Anway, they have worked fine for me for a long time but I threw away the books a LONG TIME AGO after learning the basics. That is all the books are for.

BTW, if one waits for confirmation the icing is gone. FWIW

Monty
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