It sounds like you're referring to a common trading phrase, possibly related to candlestick patterns in technical analysis. While no strategy can guarantee "never face losses" (as markets are inherently risky), learning to read candlestick patterns can significantly improve your trading decisions.
Here are 5 powerful candlestick patterns traders often rely on:
1. Doji
Indecision in the market.
Useful during trendsâmay signal a reversal or pause.
2. Engulfing Pattern
Bullish Engulfing: Green candle fully covers prior red candle â strong buy signal.
Bearish Engulfing: Red candle engulfs previous green â strong sell signal.
3. Hammer / Inverted Hammer
Hammer (bullish reversal) after a downtrend â small body, long lower wick.
Inverted Hammer also bullish, but less reliable.
4. Shooting Star
Bearish reversal â appears after an uptrend, long upper wick and small body.
5. Morning Star / Evening Star
Morning Star: Bullish reversal (3 candles) after a downtrend.
Evening Star: Bearish reversal after an uptrend.