 |
 |
| Your most successful trades will come when you execute at the extremes of countertrend movement, just as the primary trend reasserts itself. These are the pullbacks, dips and bear rallies that shift reward:risk heavily in your favor. Most trends exhibit frequent and predictable countertrend price movement. The challenge lies in controlling your emotions during these defining moments. Profit often requires buying when fear says sell or selling when greed says buy. Remember the prime directive of technical analysis in these uncomfortable conditions: play the numbers and forget the story. |
|
|
