dip your shoes in blue ink
and walk 20 steps
in one direction
on a red carpet!
--
now remove your shoes
come back bare foot
and join (with a marker pen)
every left footprint
with the next right footprint
and further join
this right footprint
with its next left footprint!
--
what do you get?
a line joining the footprints
in a zig zag pattern
left-right-left-right-left......
but still moving
in a definite direction!
--
same thing happens in stock market!
market moves on its two feet
of "high" and "low"
in a zig zag way
but always in a particular direction!
--
traders confuse the zig and zag
as the change in direction!
they focus on direction of zig AND direction of zag
and not on the direction of zig-zag!!
--
consequently, the fear takes the better of them
and they chicken out!
--
those who are well-versed with the market's wavered walk
ignore both the zig as well as the zag!
instead, they just keep an eye on the net direction of the zig-zag!
--
with practice
they can tell
when the zig-zag changes its direction
and hence the trend!
and with it, they change the direction of their trade as well!!!
--
zig zag is the last dodging tactic of the market.
the trader
who can see through this tactic
has got the ultimate master key to riches!!!
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