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Is it possible to predict and get the market direction of a stock right more than 50% of the time?

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How can you detect trend changes as early as possible? Francis Hunt a technical analysis trader and coach comments. From a technical perspective: reversal patterns, support levels, impulsive moves on high volume and there is no harm listening to fundamental news flow. Is it possible to predict and get the market direction of a stock right more than 50% of the time? If yes, why do so many stock market traders still end up losers? Many people argue that technical analysis only works on short time frames but this is not the case... If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date!
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Text Comments (10)
Marc Hauschild (16 days ago)
This is good stuff . He ist a great teacher. Thanks !!!
KnifeCatcher (6 months ago)
Very wise man. You should listen up.
Savage (6 months ago)
This guy has so much wisdom, in trading and in life. I could listen to him talk all day.
DEChacker (9 months ago)
this guy knows what he is talking about
Matthew Jesuele (1 year ago)
This is treasure. Francis schools on both trading and life in six minutes. Amazing.
dj guddu (1 year ago)
bravo... specially the 'I' part.
Drew Brown (2 years ago)
In trading, it is popular to claim there are tools that can predict the future. How does a chart or tool account for the death of an employee at a specific company? How about times when a large company pulls down the entire market (and therefore affects the chart of another symbol). Claiming a tool can predict the future is simply an indication of a very myopic view.
Chur (1 year ago)
PREDICT, it is not a certainty but you only need to be right even less than 50% of the time to make a profit depending on your risk to reward
maxx astral (3 years ago)
Awesome interview and amazing insight indeed. Thanks for sharing.
Karma Chick (3 years ago)
Illuminating wisdom - excellent insight into trading strategy.

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