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Not obtaining the confidence and information, the confidence was a big issue, not confident if the industry was going to turn, did I enter at right levels so seeing unfavorable trades made me consider, the understanding was about the method and markets, how they might perform more than time, a technique might operate portion of the time, it was just obtaining the one particular that worked most of the time.
Markets really closely stick to the above Four Step approach with 1 crucial
exception: The procedure is most frequently a 3-step method with no the deep retracement and filling in" of the entire vertical variety established in Step 1. For sensible trading purposes it tends to make tiny distinction simply because a completed Step 3 is easy a mini Balance Area (an auction of tiny degree) from exactly where the industry will transition into a Vertical Trend and the process will start once more.