This “Charts I’m Stalking” blog is the second in a new series which will be a bi-weekly feature of The Traders Journal. I’ve decided to actually take it one step further than I initially explained in my August 19th blog.
“Perfection is not attainable, but if we chase perfection,
we can catch excellence.” — Vince Lombardi
When I used to survey my investment classes, the results were consistent year in and year out. One of the most highly rated aspects of my seminars was always an exercise we labelled “Action Practice”. I would distribute select charts to the attendees and give them five minutes to put pens to paper and analyze a chart by themselves. We would then review the charts and indicators together as a class and render a go or no-go decision.