10.1.21 SILVER : This is what a good reversal pattern looks like in my opinion. Ideally, we'd like to get long at the bottom, and now I'm showing you the chart a day later, and a day late. In a practical sense what the market did after he made a low helps define the reversal pattern. Therefore it may be forgivable that we give up precious points because we weren't there for the bottom, or we didn't have conviction that it really was a bottom until it moved higher. But this video has some more important message because the behavior of this market before it made that final move lower to a reversal bar... Which is always going to be a factor as long as you trade "why didn't I get in at the very bottom"..... the video is about battling the market when it was contracted for a week or more and all the things that are going to frustrate you, set you up to make bad trading decisions in a very unclear, contracted market, and cost you a lot of money and even cost you more psychological capital. The video will explain further. Training is not an easy business, one of your greatest liabilities is your propensity to make trading decisions in an unclear market, and not knowing what the signs are for this kind of market. The market's message isn't always clear, and it's not always intuitive, and this is where you may want to spend time looking for the connection which helps you make better trade decisions... and this includes holding off from a trade until you find the clue that increases your probability for success.
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