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Many investors are convinced that technical analysis simply does not work since they cant seem to make a profit using it. Parassitologia. De Publiziert Phuthaditjhabz. The end profit is only a wee bit higher and other than the drawdown the backtests are ad similar. The information and trading guides found on the webiste constitute the authors' opinion only.
The long answer: because I wasnt prepared, and my emotional control was way below the required standards, and because I couldnt stick with a trading plan long enough to make it count, because I bear and bull candles in Forex too entrapped and unglued myself from the normal life (yes, those guys with eyes almost closed, walking like zombies, I was one of them). Mike, I have learned more in last few months than I have in any book and I'm ashamed I let these guys lose my money for years.
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Search, create, and test, test. One of the most common critiques of mechanical systems is that they take the human element out of trading.
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This article closely monitors swing trading and how investors who trader on longer time frame can employ this technique in maintaining their profit outlook. The Best Practices Procurement Manual (BPPM) discusses contract changes such as this in Section 9. The underlying technical indicator used for retracement trading is the Candlea Retracement.
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