Disclaimer: This is a legal notice. Please read it carefully in its entirety. It is your responsibility to understand this notice. If you do not understand it, please seek the assistance of a competent advisor.The content in Trend Follower is for educational purpose only. This is not a recommendation to buy or sell any security and no information contained here should be interpreted or construed as investment advice. My opinion is subject to change without notice. Trend Follower will not accept any responsibility or be liable for any investment decisions based on the information discussed here.

Wednesday, July 20, 2011

I Got A Ceeling 5


We do not need to catch tops and bottoms, because nobody knows where the top is, the top could be on the first candle, or the second candle or the third candle, if I sold it at the 4th 5th candles, look at what I have missed. That is the Idea of Trend Following, it can take intraday, weeks, momths. year, nobody knows where the top is until you see danger signals. If you were unlucky and bought at the black candle area, sell immediately, it never pays to argue with the tape.


No comments: