When new participants enter the speculative arena, most time is generally spent using technical analysis to look for a high probability entry technique. Technical analysis is the use of price, volume and chart patterns to make trading and investment decisions. Amateur traders believe that with a ‘sure-thing’ entry technique, profits are sure to follow. This could not be further from the truth. I’m sure you realize that the ‘Holy Grail’ does not exist and yet, how many hours do you currently spend looking for that perfect entry or indicator?