Re: Nights Watch by Afrikoin

i missed the train.

It seems you'll have soon a nice opportunity to get back on Grin

I never thought I would hear this quote from Afrikoin :S Missed the train?? Hey, you do amazing analysis & chart, why is that?

Because charts are only a risk management tool while Afrikoin got full of himself and took them as predictions. He completely neglected his "ATH+$1" threshold to admit he was wrong and started inventing reasons why an up-wave could in the end be a down-wave. The last few weeks have been a great demonstration of cognitive dissonance at work. This is textbook bad trading.

TL; DR: ALWAYS set your stop-loss before the trade and HONOR it.

I said it here before

I miscounted a wave

It was not complete

If you look around you'll see the technical chartists who got it right