The #1 Mistake: Shorting This Stock Because Its A Buy

I was wrong about the coca cola
short trade because i using parabolic
trading system

which is not a good strategy
am truly humbled to understand trading

also another thing
i have learned is that

i only use ONE pattern..
Do you want to know the pattern i use?

Its called the inverted hammer
This is my favourite pattern
Its the only one i will ever use

Its opposite equivalent from
the short side
is called the "Shooting star"

This is the pattern i use for shorting
but i would make sure the
price is below the open.

ON this chart of coca cola KO
i used the inverted hammer
at margin i saw a draw down
of about -5%

Thats my risk level.
Also what i learnt about

trading these types of stocks
is the fact that they have dividends
payable this increases my case to buy it

and hold
because i know that investors.
will hold for the long term

i got this idea from Andy Tanner rich dad adviser

where you not only focus on the cashflow
which is the technical
analysis in this case

but you also focus on the value
or balance sheet of the stock

which is where the dividends income

But will this always be the case? not at all

but the dividends gives
you more power.

Rocket boost this content to learn more.

Disclaimer:Trading is risky please learn
to trade using a simulation trading account
before you trade with real money