It happens when an advanced technical trader has downgraded himself or herself.This is the case of an Elliott wave trader who after mastering the wave principle trading discards all the technical indicators and essential elementary technical trading tactics.
It is also the case of an advanced technical trader who is fluent in both Fibonacci and wave trading, but refuses to incorporate the economic news and fundamental analysis.
What a shame! I mean that person deserves twenty-four lashes in a public place with two strong men holding both his arms and legs. I mean it.
Alright, you get it. Please do not worry, I am just surprised that an advanced technical trader can reach such a high level and fail to take the next step. It is worse than a fundamental trader or investor who refuses to learn more about the market timing.