do you typically wait for a "confirmation candle" before going short?

[volpri]

day trading is alright and very neccessary so confine your day trading to the supermarket

ROFLMAO i confine my DAYTRADING to ES, YM, NQ. AND that is ALL i do, i.e. daytrade. Absolutely no overnight positions. I find these three to be a GOOD supermarket..LOL

 

[padutrader]

I remember asking you about a similar thing a while ago. lol
Fortunately, our conversation combined with further personal experience showed that horizontal S&R areas are the best way to do it. I used to wait for confirmation bars and whatnot until I found that I was missing the move in many cases. I admit, it did help to put the odds in my favor but I found myself chasing the market by waiting on some confirmation signal, thereby needlessly making the trade more expensive.

there may be nothing like that....because if it is confirmed, then there is no risk and if there no risk there is no reward,because if something is confirmed then there is only one outcome and then who would be stupid enough to bet against you?

 

[SunTrader]

Nonsense.