Accepting & Closing the Knowledge Gap
A knowledge gap will leave you to believe that if you only knew more, you wouldn’t have losing trades. Sometimes even the best setups fail miserably. Other times, your methodology is valid, but your stock (or other market) selection could use a little improvement. In this week’s edition of Trading Simplified, Dave begins his discussion on the knowledge gap and more importantly, how to avoid knowledge gap angst. For the “Methodology In Action” segment, Dave shows recent setups taken–some good, some not so good. He then shows his methodology can work quite well in Crypto, but where, like any other market, money management is crucial! Dave also introduces a new StockCharts feature which will allow you to scan for his plugin indicators.
This video was originally broadcast on March 8, 2023. Click anywhere on the Trading Simplified logo above to watch on our dedicated show page, or at this link to watch on YouTube. You can also watch this and past episodes on the StockCharts on-demand video service StockChartsTV.com — registration is free!
New episodes of Trading Simplified air on Wednesdays at 12:00pm ET on StockCharts TV. You can view all recorded episodes of the show at this link. Go to davelandry.com/stockcharts to access the slides for this episode and more. Dave can be contacted at davelandry.com/contact for any comments and questions.