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Respect for lines.
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FlyinIL22
Posted 9/19/2020 09:11 (#8503950 - in reply to #8503482)
Subject: RE: I have no respect for lines


S IL
Without researching I’d guess less than 5% of the screenshots of lines drawn through the years were accurate. If lines and forks worked well in predicting entry and exit points they would be THE subject of all technically based hedge funds and managed accounts. I line is a line is a line not to be redrawn constantly as price actions don’t go as planned. In my view a line redrawn is admitting wrong and we have constant evidence lines don’t work.

Edited by FlyinIL22 9/19/2020 09:16
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