CONSIDER YOURSELF LUCKY
If we can learn from the charts at what points to buy and under what conditions to sell, we have acquired the basic machinery for successful trading.
How may the top of the market be discerned, and the dangers of the eleventh hour be avoided?
No stock trader should be without Technical Analysis of Stock Trends by Robert Edwards and John Magee.
Although this is not as old as most of my “same as it ever was” posts, it is so indicative of the market we are in right now…and so true.
Nicolas Darvas viewed Wall Street as nothing more than a gambling casino; therefore, he set out to learn how to gamble.
Do we not owe it to ourselves to give just as much of our attention to the voices of traders’ past as we do the charts of the past?
