Profits come from other traders pockets. While most participants realize that a winner stands next to every loser, few comprehend the true mechanics of this statement. The markets have never been a team sport. Swing traders must be predators ready to pounce on ill-advised decisions, poor judgment, and bad timing. Success depends on the misfortune of others.
Bulls and greed live above the 200-day MA, while bears and fear live below.
Trading tools work through all time frames. Apply Bollinger bands, Fibonacci retracements and trendline channels to all chart views. Use this versatility to unleash tremendous predictive information.profit