DislikedIn fact, you should not initiate positions unless you identify a turning point so that you make sure that you are in complete synch with the market.
Thanks,
NaderIgnored
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Dislikedso what you mean is i should keep trying to 'predict' how the market should be and enter only when i'm more accurate ?Ignored
DislikedI see this but I mean a real strategy not just understanding the relationship between high , close , open, low comparing to previous bars , this is not a strategy but a substitute for learning candlestick patterns which is indeed a great thing as most people learning candlestick patterns do not even realize they are wasting time (Yes , all that stuff by Steve Nison IS indeed a load of sh*t designed to suck out people's money) but nevertheless this is far away form a real strategyIgnored
Dislikedbut what if the price go back up when i enter short since i'm always a little 'late' or lagging the market in my expectations ?Ignored
DislikedWhat I basically wanted to say here is that there are too many people looking for things which do not matter , all those candlestick formations conceal the truth and only serve as a cash cow to such people like NisonIgnored
DislikedOddly enough you just happen to be one of those people. Your beliefs about candle stick formations seems a bit limited to be making such rash statements. You are an armature after all.
Best of luck... sounds like your going to need it.
MM
P.S.
A thank you for the time people spent posting responses and sharing their insights might be nice too. You ungrateful little F-ER.Ignored
Dislikedwhy so offensive? I only wanted to help , if you mean that candlestick formations are what your buy/sell descisions are based on then it is rather you who is gonna need luckIgnored