Rab ... "hey charts arent perfect, if they were thats all i...

Rab ...

"hey charts arent perfect, if they were thats all i would use"

Nothing is perfect, but charting comes pretty close !!!

It's just that they are not easy to interpret. The average trader spends 5 minutes flicking through a book at Borders, and then think they can make bazillion$ using charts.

Then when they loose money, they run around saying that "charts don't work" .... classic self delusion.

Charts are simply one of the tools available to traders, and it takes years of STUDY to be able to use them effectively. But most traders are just too lazy and are looking for a silver bullet.

To be successful in anything we must take FULL responsibility for our actions, and do not blame the tools we use. It's called being accountable.

So hang in there, and don't blame charts, or "downrampers" or bots or climate change when things go wrong. This is what struggling traders do.

Cheers

ST