Digatrade Financial Corp. (DIGAF)

[georgie18]

I understand that all to well...I think it is how we react to others as we age...our tolerance level diminishes...I like helping people but just have no patience for those that will not put the effort in and complain about no results...A general statement and not by any means directed at you...I do not know you well enough to make any judgement...

Kudos to you for starting the process...1.5 hours is a start and stay at it and you will reap rewards in time...If you have any questions or just want to discuss thoughts on Candlesticks or patterns just message me and if I can help then I will...

Forget about what everybody else does...You do what will help you...

Your very welcome...

For those that are interested here is a comparison chart layout of PRED...CRSM...ELGL...it accenuates the relevance of Training oneself in the art of Chart Recognition for one basic reason and that is History always repeats itself and if you Train your muscle memory to recognize one pattern it will afford you unlimited profit potential by applying that recognition to tens of charts that will all react in the same manner...Traders can yell all they want about short attacks...clearing out the weak hands...and any other excuses to ease their minds about why their stock ticker is dropping but reality is that there is only one thing that guides the share price and that is supply and demand...It is a simple process...if folks want to buy it goes up and if folks want to sell it goes down...If one follows that simple process which coinsides with buying oversold and selling overbought then they will profit on every trade ...When tickers such as the 3 mentioned here consolidate and the moving averages converge they start to build support for a move up as the fast moving averages start to climb they move away from the slow moving averages and this separation creates the move up as well as creating support levels...3ma moves the fastest folowed by 5,8,20 and so on leaving the slower moving averages behind such as the 50ma...100...200 and that is the separtion that builds all levles of support...as this support gets stronger it pushes the pps higher until is runs out of steam and becomes tired and overbought...this is the point where many technical traders like myself start to scale out in an attempt to avoid the bearish downtrend...because it is coming and as all the moving averages comverged before the move up now they have all diverged for the move down...EVERY SINGLE MOVING AVERAGE will be tested on the way down at some point...BAR NONE...either the pps will go down to meet the moving average or the moving average will come up to meet the pps but the 2 will meet at some point...Once the pps meets the 200ma which is the slowest moving average it is time to move back up as the 3 ma leads the other moving averages and what was once support will eventually become Resistance and now the pps needs to climb through all the Resistance points...So folks can hoot and holler all they want but there is a process that is created and the history of that stock creates the process and that history is easy to recognize if one has seen it enough times and has laser like focus....We do not trade individual stocks...we trade history and patterns...You can take any one of these 3 STOCKS AND IT DOES NOT MATTER WHAT THE NAME IS...they are interchangeable because their history shows that they trade the same way...of course there are always the odd situations but we play the averages and as the theory states"for every action there is an equal and opposite action" The 3 Tickers on these comparison charts all made a move up ...all got overbought and are all currently sitting on the 20ma...if the 20ma holds they will bounce and at some point visit the 50ma...if the 20ma does not hold they will visit the 50ma...But there is no magic here ...what we have here is just a learning process and those that choose to learn will profit and those that think charts do not work will never reach a profit potential by throwing darts at a dartboard to make their trading decisions...I have been trading for 42 years plus and have always absorbed information whenever I was given the opportunity...that information allows me to be self sufficient and allows me total freedom...for those reasons and those reasons only I choose to share some of what was passed on to me through years of learning to y'all...Do with it as you want and no matter what always remember to buy before it turns Bullish and to sell before it turns Bearish with a preset exit strategy on every single trade...Have a Great 3 Day Weekend ...https://stockcharts.com/freecharts/candleglance.html?pred,ELGL,CRSM|C|0