Watch the whole video.
I describe the merits of acting AFTER others have committed their funds, by fading their bag hold woes.
See also these instructive posts of mine about a related topic:
http://traderbigt.blogspot.com/2010/03/shorting-failed-breakouts-from-3-recent.html
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2 comments:
Enjoyed this video, especially the reinforcement of where the cues and signals were in the chart pattern. I don't yet fully trust myself in reading those cues, so to have them described in your video lessons is of great value to me as I try to learn. Thank you!
No problem, glad U enjoyed them! Failed chart patterns have some of the best trades within them, because those who have acted first have become trapped bag holders, who can exploited...
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