no need do simple things second entries DB/DT make money at worst scalp out i wasted 30 years and 200000 usd in trying to understand market. and have read all the listed authors and about 100 more. hell i even traded Elloit wave for 5 years daily charts
You assume they are teaching something difficult. They are not. All of what they teach is grade school simple. I'll just say this, I realise some have a negative attitude towards trading education. I bet none of them ever use the COT report, bond yields or the dollar index. All of which are helpful in determing trend strenght/continuation and market reversals Commericals (smart money) sentiment /open interest at the end of the month, quarterly and before every new contract rollover is an indicator. ( which is in the COT) Just because we as retail traders are considered "dumb money", does not mean we have to stay dumb!
What symbol (CL?), timeframe and day? Basic to include when posting a chart pic while asking for comments.
Yeah, waiting for confirmation is expensive. Think about it, if market always moved AND provided liquidity at the same time then everybody would be a millionaire by just following the move. So, the market offsets this by ranging every now and then. Schizo gave some good hints, though.