#MastertheMarket
In technical analysis, charts will always have the same behavioral patterns; movements and trends follow cycles that will always repeat. The trick is to WAIT. Wait for the price to be as low as possible to buy, and as it rises, start selling. Think with the calculator, with a cool head.
The charts SAY IT ALL and in real time, prices and volume are recorded there.
The impatient, those who make decisions based on momentary emotions, will always sell at a loss, and the Stop Loss will be their best strategic ally. And in the best-case scenario, when they see they are winning, they immediately sell, receiving a few cents of profit. The Stop Loss is a very useful tool for unexpected breaks and traps, both from the bull and the bear.
The most profitable method in trading is not to pay attention to others' opinions or to watch the news. The most profitable method is to analyze the charts. It is to buy when most are selling (when it is cheap) and to sell when most are buying (in bullish euphoria). That does not fail. It's that simple to succeed in this. But it is achieved only by MASTERING OUR EMOTIONS: fear, anger, euphoria, sadness, and the most dangerous, optimism.
You know, friends, always remember THE CHART IS EVERYTHING, it is what we should learn to know best.