Retail Traders (Amateurs) are Often Right, But at the Wrong Time
That's a quote from one of my trading mentors and I found it to be one of the most important things I ever learned. It explains why so many traders enter a trade, quickly get stopped out, and then the market resumes in the original direction of their trade. They failed to TIME the market correctly. You can be very educated about the markets, but if you don't know EXACTLY when and where to get in and out, all the education in the world won't do you much good. There are only 2 dimensions on a chart: the price axis and the time axis. Nearly all technical analysis focuses on price. Very few traders learn how to TIME the market with precision ... yet it is fully 1/2 of the information available on every chart. It's amazing that while all traders desperately want to know exactly where and WHEN to enter and exit a trade, most traders don't even have a market timing indicator on their chart! After this presentation you WILL have a Timing Indicator on your charts (and ironically this indicator is already on your charting software, but few traders have uncovered it)! Whether you trade stocks, futures, Forex or options, this could be the key you've been looking for.