"Identifying a pattern is a relatively easy task in which to gain competence. Trading a pattern once identified – now that is a horse of a different color.
How many times have you heard another trader say (or said to yourself): “I knew that stock XYZ was going to go up, and it did, but I did not make a dime on the move?”
Trade signaling, in my opinion, is far less important to net profitability than is proper trading tactics and aggressive risk management protocols."
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