Price Headley is the founder and chief analyst of BigTrends.com, which provides daily stock and options recommendations and education. Timer Digest recognized Price and BigTrends.com among the Top 10 stock market timers for 2000. Price has been widely quoted by Barron's, CNBC, The Wall Street Journal and USA Today. Price is also the author of the new book, Big Trends in Trading: Strategies to Master Major Market Moves.
When you see hope creeping into your trading, usually there's trouble ahead. We all have desires for success in trading, but often our dreams of success can stand in the way of recognizing reality.
A very common pattern that often shows up on stock charts is the triangle or wedge pattern. This occurs any time the price of a stock gets trapped into a narrowing trading range.
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