I like the fact you put yourself out there. Good on you! imo equities may have a last flurry higher but then sell the hell out of them. trying to play the bounce may however prove too difficult. What do you think?
your short would have been a great one. perhaps your stop was a little tight. it can bounce opff 1311 but a lot of damage has occured today. this should now head south to sub 1300
I'm a pattern recognition trader and this particular pattern broke down. Yes, my stop may have been too tight, but I follow my criteria regardless. Without DISCIPLINE a trader will not be profitable over the long haul...hope this helps
so does your pattern still indicate the market heading to 1400? i was very short last week.took most of my profits on friday. still a small short in S&P, DAX and WTI. would like your view
Once the pattern is broken, I will wait till I get another setup and then I will evaluate. Hope this helps. I appreciate your comments. Please click on the ads as I make pennies for the clicks....
no its not
ReplyDeleteso why dont you buy it?
ReplyDeletekarim,
ReplyDeleteThanks for the comments. I don't enter trades just to enter. I'm very disciplined and the trade must meet my criteria....
Jim
ReplyDeleteI like the fact you put yourself out there. Good on you! imo equities may have a last flurry higher but then sell the hell out of them. trying to play the bounce may however prove too difficult. What do you think?
your short would have been a great one. perhaps your stop was a little tight. it can bounce opff 1311 but a lot of damage has occured today. this should now head south to sub 1300
ReplyDeleteI'm a pattern recognition trader and this particular pattern broke down. Yes, my stop may have been too tight, but I follow my criteria regardless. Without DISCIPLINE a trader will not be profitable over the long haul...hope this helps
ReplyDeleteso does your pattern still indicate the market heading to 1400? i was very short last week.took most of my profits on friday. still a small short in S&P, DAX and WTI. would like your view
ReplyDeleteOnce the pattern is broken, I will wait till I get another setup and then I will evaluate. Hope this helps. I appreciate your comments. Please click on the ads as I make pennies for the clicks....
ReplyDeleteall clicked
ReplyDelete