The myth of 'confirmation' and 'price action signals'

I just came across this video which focuses on how newbie traders use, or rather 'hope' to use, the idea of "confirmation" for their market entries. I
don't know about you but I've found myself countless times waiting for a particular pattern that never came.

I figured some here might find it useful.

Indeed,
invariably, the wannabe forex millionaire upon seeing "something" will wait for a confirmation of a confirmation of a confirmation (usually by adding more indicators on he chart)... until he can finally say, "I told you I was right, the price did go up"... but is he in the trade ? nope ....
... or he enters too late and loses
... therefore the next time, our trader does not wait for "confirmation" resulting in another loss !
... so the next time ... (:

The result is an endless series of

Would've
Should've
Could've

The price is the price ... there can never be any confirmation of anything.

Exactly. If you want to get the best possible entry with the least amount of risk, then trading at the level is the best possible option. Anything else and you're sure to get in much later and thus increasing your risk and the probability of the market reversing on you, often times the minute you enter.

In the end, price is king.