From the desk of David Frost:
Trader / Investor / Instructor
If you'd like to consistently make money in markets by understanding how they really work, then this is the most important page you'll read - no kidding!
I'll show you why in a minute.
Please understand that nobody is right all the time. We know that.
However, I do have the benefit of attending every sequel to this movie - including private showings.
People tend to do the same thing over and over. (Where have you heard something similar?)
What you're about to see is an example of how this indicator works. Of course we know that past results are not representative of future performance.
For those new here:
There's a mountain of information out there on the INTERwebs...
You're likely trying to learn as much as you can, which is normal and a good thing.
Listen carefully to the person you're trying to learn form.
Ask yourself, are you truly learning or just getting excited? There's a difference.
Find a website, trader, YouTube channel - someone you can understand and relate to - then run with it.
Immediately, tune the others out, they'll confuse and hold you back.
If you're trying to learn how to trade through free information only, you'll likely be in the same place this time next year as you are today. Just the hard facts.
Now for the Indicator....
You've probably heard me discuss and use this indicator several times.
It worked again.
When you see it, ask yourself this question,
"Did David want to see more or less of this behavior in order to find the bottom?"