“History doesn’t repeat itself, but it does rhyme.”
- Mark Twain
Every day I use support and resistance lines to read trader sentiment. Recognizing these is an essential trader skill. It works in the short-term and the long-term and so is a necessary skill for investors as well. This same skill is also applied when reviewing my trades. There is no replacement. It’s in my trading plan.
Constant and Persistent Review
When a trader reviews his trades he learns to
