I understand entry is only a small part of the complete trading cycle. I understand the exit is very important as is money management. I remember reading somewhere in one of Nick Radge's articles (and elsewhere, most likely here) to be consistent, whatever you decide to do... be consistent with it and stick to it.
This brings me to starting this thread. I would like to concentrate on learning a couple of chart patterns to enter trades. The problem is there are so many chart patterns to follow and learn. So hard to stay focused!:banghead:
Some advice on this please :)
For an entry. I am thinking of focusing on learning head and shoulders, I read this is one of the more reliable pattern signaling a movement in either direction. The other is MACD and 'High and Tight Flags'. H&TF for uptrend.
Looking forward to some words of wisdom!
This brings me to starting this thread. I would like to concentrate on learning a couple of chart patterns to enter trades. The problem is there are so many chart patterns to follow and learn. So hard to stay focused!:banghead:
Some advice on this please :)
For an entry. I am thinking of focusing on learning head and shoulders, I read this is one of the more reliable pattern signaling a movement in either direction. The other is MACD and 'High and Tight Flags'. H&TF for uptrend.
Looking forward to some words of wisdom!
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