@kabukyboy Harmonic Patterns are based on levels, Fibonacci, Fibonacci Time, and sometime EW. Leading indicators. you can't win every trade but Harmonic Patterns are quite useful.
The richest people to survive every gold rush have been the people who sold the miners their tools... picks, shovels, pans, buckets and wheel barrows.
Trading is no different, invent a tool, and pocket the money.
Traders are no different to miners... they will buy tools in the hope that they can make their job easier.
... however, just like mining, 95% of traders will fail no matter if they have tools or not, while the tool seller pockets the cash.
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Trading is no different, invent a tool, and pocket the money.
Traders are no different to miners... they will buy tools in the hope that they can make their job easier.
... however, just like mining, 95% of traders will fail no matter if they have tools or not, while the tool seller pockets the cash.
Although the tools were sold to both winner and losers, without the tools those winners wouldn't win.