Technical Analysis vs. Fundamental?

[Chris Mac]

Those of us who can read price movement have no need to predict where prices may go as we will usually be able to tell when an end to a run is near or has come

Even the best price action specialists think about probabilities because there ain't no certainties. They go with the flow, and don't care when it will end. They just make sure they will take profits regularly, enjoying the trend as long as it lasts.

CM

 

[Money Trust]

And when they run out of reasons when something tanks-"Profit Taking".

How come they never say when market going up it is because of "Profit Taking" ?

LOL. Or loss-taking.....