Lots of people attend training programmes on technical analysis, eager to learn new methods that can help them pick that magic stock, get into that big trend or exit near the top of a big move.
They latch on to the method shown by the presenter, paying particular attention to the way the method is to be applied with an eye fixated all the time on the ultimate result – which is always profit.
Yes, there is the stop loss to deal with the unfavourable outcome, and all of that is f ..
