JoeRodTrades

Support And Resistance Lines Are Not Real: Prove Me Wrong

Education
NYSE:CVS   CVS Health Corporation
In this video, I draw random lines on the chart to prove a point. I think we need to ask ourselves the following questions to become better traders:

  • How will I define support and resistance consistently?
  • How will I use support and resistance in my trading?
  • Do I need support and resistance in my trading?
  • Is support and resistance a reliable measure for markets?
  • Are the lines that I have been drawing for so long actually meaningful?

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