Price reactions within a trend by Bill McLaren
ARTICLE SYNOPSIS ...Price reactions within a trend
by Bill McLaren
I have, in the past decade, taught trading techniques to many students. Recently, most of my students
have entered the markets after purchasing a personal computer and a technical analysis software package.
These tools can be quite helpful but they are not the Holy Grail. A majority of my students' losses are
related to one major weakness: little understanding of basic price movement.
Understanding price movement is the foundation of profitable trading and all else must be built on that
foundation. Very simplistically, both stock and commodity m...