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Replying to Avatar Old Groat

That's why I posted it. It's very easy after the event to predict the past.

I find TA interesting in guessing where the market may turn, even though I suspect there's a big element of self confirmation with traders and algos trained to follow it.

I have lost enough £ in the past to realise that I'm not cut out for trading.

I posted this on October 29th as it appeared that the price was breaking out of a rising flag pattern. Anyone waiting for the price to dip back to support though would have missed out on a 35% gain.

For most far better to pound cost average in.

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Dragan 1y ago

Me too! I appreciate, and hope for head-and-shoulder to materialize so we get a shot at a better price!

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Old Groat 1mo ago

Well we certainly have a better buying opportunity. Why I always suggest dollar cost averaging either when selling or buying.

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