In 1987, as a young man, I decided to start trading the markets. In my very first week of trading I made $1,500.
To say the least, my wife and I were thrilled... especially since I was making less than $300 a week at my job! However, I was never quite able to duplicate that first week's success again, and, in fact, I ended up losing my entire account in the next year and a half.
After 5 years of studying the markets day and night and saving my money I decided to try again...
I learned all about channels and flags, and head and shoulder patterns, and indicators such as MACD, Stochastics, Wilder whatevers, Bollinger Bands Booms and Busts, etc... until my mind was bulging with so much trading information and data that it hurt. But I was prepared to battle and win in the market...or so I thought!
The good news is, this time I did not lose all of my money. The bad news is I didn't make anything either. After trading for another one and a half years, I broke even.
Fast Forward to 15 Years Later...
15 years later after a successful career in another field, studying the stock market and its inner workings, burning the midnight oil more than a few nights, and developing my own indicator he decided to try again.
This time I hit paydirt.
I discovered, after 20+ years of study that a certain phenomenon occurs in the market, on a regular basis, which determines with near perfect accuracy if the market will start a new downtrend or start a new uptrend. Reading this phenomenon is just like reading a weather report, and I've now been using it for many years with incredible accuracy.
This phenomenon shows me when to go long, and when to go short.