the ego, it is always in the selfish box, you need to get out of the boxQuote from Rashid_G.:
True.. I have periodically deleted all S&R's from my charts as I invariable fade them (mental bias), getting in front of a freight train, and pay dearly.. S&R's tempt me to get in before reversals.. NQ.. there was 1845, 1855, 1868... etc.. like butter through all of them and then.. 1880 finally stopped it.. You would think from 1825 to 1878 should not happen.. Now this stealth decline which I have bought twice and lost.. Lost on the way up AND down..
Bottom line basic simple moving average would have kept me out of trouble but too much ego...