| Exercise strict risk management with your short sale positions. Know where you're proven wrong and cut losses quickly. Use additional technical readings to find safe covering zones. 20-bar Bollinger Bands will signal your departure when a candle strikes a lower band that remains horizontal. Or watch for reversal candlesticks, such as Hammers and Dojis, that predict the next bars will go against you. These powerful tools will work as well on the short side as they do with your long positions. |
