BlogJune 30, 2023Michael Covel

“My training is in Japanese candlestick signals…”

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For me the biggest issue [on trading] is getting out too early. My training is in Japanese candlestick signals, and I will see a bearish engulfing or dark cloud cover for example and exit upon confirmation. Then the next thing that happens is it reverses and I miss out on the gains. The latest example is with NVDA. I got out when I was up just over 20%, but then watched as it kept going. I purchased the Trend Following book, so I am going through that now.

Jeff L.

The best thing I can get you to do is forget you ever heard of candlesticks. They are not valid.

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