Steve Nison explains the value of candlestick charts

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Steve Nison explains the value of candlestick charts "This presentation is for academic purposes just and the point of views revealed are those of the speaker only. All trades presented are NOT TRADED IN A LIVE ACCOUNT as well as needs to be considered theoretical." Danger Disclosure:
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10 Thoughts to “Steve Nison explains the value of candlestick charts”

  1. chiggiwiggi

    great video for a beginner like me

    1. ralph gull

      Hi,
      No it’s not. In fact, using candlesticks or flipping a coin is excatly the same thing : this kind of “technique” relies on managing stops. That’s all. Markets don’t work this way and they never will. Many people will try to sell you books, courses and so on in order to make you believe you can be good at it just like that. That’s not true : to be a very good musician, actor, carpenter, doctor and so on (you name it) it takes years to master the game. The same truth applies about markets. Candlesticks is a very old method, desperatly trying to isolate some kind of “value” withing a range. Try to understand the “auction process” (look for a guy named Tom Alexander), work (very hard) on the auction concept and get rid of false assumptions.
      Have a nice day !

    2. Nathaniel Francisco

      What are you trying to say about the coin flipping? Once you flip a coin on tails their is a high chance its going to flip on tails, and you are saying candlestick is the exact same thing?

    3. hotrod930

      You have no ideal of what you’re talking about obviously you’ve never tried this I have it works but day trading and swing trading take a lot of work I’ve made a lot of moneys using Candles .

  2. Igor Shapshevich

    yep thats correct. penny stocks have been booming in past 2 years and thats the great way to make money from trading fast. its not a joke, my father making lots from penny stocks with the help of these professionals. have a try and make the most of them 🙂 ==> bit.ly/191qDf8?=pycrgz

  3. The Killer

    the king steve nison

  4. Julian Gonzales

    wow..i know nothing about this, but the way you conveyed the knowledge, i feel like i know a little something about candlesticks

  5. candlecharts

    Risk Disclosure Example:
    Futures and forex trading contains substantial risk and is not for every investor. An investor could
    potentially lose all or more than the initial investment. Risk capital is money that can be lost without
    jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only
    those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of
    future results.
    Hypothetical Performance Disclosure Example:
    Hypothetical performance results have many inherent limitations, some of which are described below. no
    representation is being made that any account will or is likely to achieve profits or losses similar to those
    shown; in fact, there are frequently sharp differences between hypothetical performance results and the
    actual results subsequently achieved by any particular trading program. One of the limitations of
    hypothetical performance results is that they are generally prepared with the benefit of hindsight. In
    addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can
    completely account for the impact of financial risk of actual trading. for example, the ability to withstand
    losses or to adhere to a particular trading program in spite of trading losses are material points which
    can also adversely affect actual trading results. There are numerous other factors related to the markets
    in general or to the implementation of any specific trading program which cannot be fully accounted for
    in the preparation of hypothetical performance results and all which can adversely affect trading results.

  6. LAPAROLEDEDIEU o/

    *_Very informative_*

  7. i

    Hey Steve, thank you for the video! I know it’s a decade old but obviously it’s still relevant.

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