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How many times have you heard it as an investor or trader, "To make the most money in your trading you need to buy low and sell high"? Wonderful advice but the lack of a definitive answer to this common saying is a problem and it is estimated that 95% or better of investors and traders have no real way to define what is low or what is high. Read this paper for food for thought as you look at your chart and wonder where the market will make a top or a bottom. |