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Waiting for Confirmation Might Be Killing Your Profits 📢 Video

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Waiting for confirmation might be killing your gains. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! It is possible that waiting for confirmation will kill your gains. Why? Because there are different market environments which require you to take different actions.

Why Confirmation Price Action Signals Crush Trading Success
1) Range Bound Market - you are looking for a long at support for a rebound back to your profit target. Confirmation to see that buyers have stepped in is generally a good idea here.
2) You are looking to go short on a weak market; continuation of the downtrend. If you wait too much for confirmation of the downtrend you will end up being too late to take the trend.

Analyse your trading strategy and check whether waiting for confirmation isn't unnecessarily hindering you. The way to check this is to look at your journal and see if you're chasing a lot of moves.

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