$$$Ospreyeye: Charts, Technical Analysis & Japanese Candlestick Patterns$$$

[BennySlots]

Good stuff as always! To emphasize some of what you wrote, my key learnings have been:

1. Entry point really is what matters most. Once you buy, you can sell at any time. But once you pull the trigger the buy is set in stone. And a bad entry can leave you wondering whether to tie up your money for ages until it swings your way or to dump for a loss. A good entry leaves you wondering how much profit is "good enough".

2. Technical Analysis trumps all. At least for short term trading. You can spend tons of time reading up on what the company is doing, checking what the short interest is, seeing what people are saying. OR...you can just learn to read the charts. The latter is much more efficient and sums up everything. At the end of the day, all that really matters is the trading price. So focus on that.

To be honest, I still screw up #1 the most. Too much really. But I feel like I'm constantly getting better at the game. And in the end, that's all I care about. Because being consistent is the true key to winning.