Question 25—Pinning a Chart to a Wall
“Margret’s method”—pinning a chart to a wall and marking the trading signals, for which you will be waiting—has all of the following advantages, except:
1. It forces you to clearly express what price or indicator action you expect.
2. It keeps you from forgetting a plan.
3. Removing the charts from the wall if your plans change helps keep your mind fresh.
4. Keeping charts on a wall ensures that you will act when the time is right.
Get The New Sell and Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines, Expanded Second Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
