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Simple & EASY way to improve your chart reading skills…
Start with a bunch of stocks that had big moves but then clearly topped
Change date to the top bar (daily/weekly) & advance one bar at a time
Using 100% intellectual honesty (🗝️)
Stop & mark the bar when it was clear to YOU that the chart was broken
Move to the next stock.
When finished with those stock take notes on your observations
Write black and white rules based on your observations
Now pick a new batch of stocks…try your rules out
Adjust for flavor as needed🤣
I’ll say it again, intellectual honesty is EVERYTHING!!
In other words NO hindsight BS
Start with a bunch of stocks that had big moves but then clearly topped
Change date to the top bar (daily/weekly) & advance one bar at a time
Using 100% intellectual honesty (🗝️)
Stop & mark the bar when it was clear to YOU that the chart was broken
Move to the next stock.
When finished with those stock take notes on your observations
Write black and white rules based on your observations
Now pick a new batch of stocks…try your rules out
Adjust for flavor as needed🤣
I’ll say it again, intellectual honesty is EVERYTHING!!
In other words NO hindsight BS
Sorry I forgot. NOT ADVICE
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