Digatrade Financial Corp. (DIGAF)

[georgie18]

The markets core functions on emotions that is why I am a firm believer of it's not what you trade but how you trade it...you do not trade stocks...you trade on other peoples emotions...and that is my mind set...

I have tough skin and I am not a person that yells it is going to the moon...I post my interpretations of what I see on my charts...people can interpret that information as they wish...

Of course some people will scoff at it...that is what folks usually do when they have no idea of what they are looking at...if only they would take an hour a day to learn their craft...

It is very interesting that when I post a bullish chart everybody is agreeing and thankful but when I post a bearish chart on that very same ticker I become an idiot...Ironic how the mentality changes when one owns a stock and when is looking to buy a stock...It is all a mental game and those that cannot curb their emotions will lose...

Here is a copy of a post I made in a Training Room that I participate in...perhaps you will find it interesting enough to realize that charts and Candlestick Patterns actually work if interpreted by a reader that actually understands what they are looking at...Charts might actually tell us something is false...Charts give you all the information to make an educated decision...they tell you everything...what one does with that information is
the difference between complainers and profitable traders...All of the above is just my view and it is one based on facts and practicality...

The old school rule to Buy low and Sell high cannot be expressed any better then by understanding candlesticks and how they function...Most of us have been instilled with the theory of buying stocks that are Bullish and that buying Bullish stocks are good and buying Bearish stocks is bad...This is just what is promoted by most of the analysts that are out there especially the CNBC types...But that thought process is the polar opposite of Buy low and Sell high...If one studies Candlesticks and their patterns it becomes painfully obvious that all BULLISH candlesticks and their patterns are always in a bearish position and all BEARISH candlesticks and their patterns are always in a Bullish position...Candlesticks and their patterns tell us to buy Bearish or lows and sell Bullish or highs...Do your brokers ever call you and say buy this stock that is headed down...of course not...because they do not know where the bottom will land and if you ask 90% of those brokers you will find that they have no idea how candlesticks function...That is just my guess...It is far easier to convince you as a buyer to buy a stock that is Bullish but will that very broker ever call you to sell...Nope...they will tell you to sit because it will turn around...and in time it will in most cases but how much have you lost within that process...When I started to educate myself about Candlesticks and their patterns is when trading for profit became very apparent and very real... Buying low and selling high became very apparent and very real...Candlesticks and their patterns taught me to buy Bearish and sell Bullish and complimented the inner Contrarian that I am today...It taught me that Bearish and Bullish are the same they both are avenues to profit...It taught me how to sell Bullish before it turned into Bearish and how to buy Bearish before it became Bullish...It taught me how to become a self sufficient profit machine...I know...I know charts do not work in the OTC but that is only for those that choose not to educate themselves...Just my thoughts...