If your buy and sell decisions are based purely on chart patterns, your performance will likely be random.
You can always find a bull flag, VCP, cup with handle β you name it.
But strong and lasting uptrends donβt happen because of pretty charts.
Theyβre driven by clear industry trends, solid fundamentals, and an exceptional business model behind the move.
Thatβs when chart setups truly matter.
Pretty amazing there's now almost as many ETFs to trade as U.S. listed stocks.
According to https://t.co/UXQ0QsjbfW there's 4,686 ETFs listed now and 5,564 stocks.
In general this doesn't make sense and shows how the financial industry is trying to take advantage of the popularity of ETFs.
Bassoβs rule: A good day = you followed your strategy. Profits or losses are just data points on the path to 1,000 trades, the sample size he wants before having strong opinions. That attitude neutralizes the sting of a stop-out and the sugar high of a windfall.