Many of the best daytrading opportunities, I find, come upwardly from situations inwards which a large expose of traders are caught leaning the incorrect agency inwards a market. (See this post for an example). They are leaning the incorrect agency both inwards terms of administration as well as timing: they're selling, for instance, simply non able to force prices meaningfully lower. They're likewise selling at multiple periods, expecting markets to trend, simply never getting the breakout move. The combination of these dynamics practise ranges inwards which the eventual breakout deed is amplified past times traders needing to comprehend positions in 1 lawsuit it's clear they've been leaning the incorrect way.
Those dynamics likewise practise false breakout moves that air current upwardly existence adept "reversion" trades. (See this example every bit well).
If, every bit trading lore as well as interrogation has it, 80% of traders lose money, mightiness it last worthwhile to isolate what they practise incorrect as well as figure out how to profits from it? That's my latest project.
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