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Secret 8

Success comes easier when you specialize

Every market seems to have its own nature and its own personality. Some markets tend to make tops and bottoms with a fast run up and reverse (called an inverted V top, or a V bottom). Some have rounding tops and bottoms, some double tops and bottoms, and some tops and bottoms with a long consolidation. You can read a market better when you become familiar with its idiosyncrasies. Familiarity comes from concentration and experience. If a market does not fit with your nature, find another one. Just leave the markets that don't seem to work for you, and stick with the ones that favor you. Plenty of markets are out there, one for each temperament.


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