I have read a couple of books and spent some time in a mentor service where the guy talks about finding out where the losers are and when they have to get out (when the pain of losing becomes so great they finally liquidate).
It's a concept I don't really grasp totally, mainly because it's not as easy as throwing a bunch of indicators up and looking for triggers, or looking for patterns (pinbars ect).
Where did the loser get into the market and when is he going to cover.
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"Great spirits have often encountered violent opposition from weak minds." Einstein |