Tuesday, May 11, 2010
Day Trading vs Swing Trading
Now that the volatility has returned in a MAJOR way, I will not put on any swing trades until the markets return to what I consider normal, if there is such a thing. I'm only willing to day trade my way up to 1180 on the S&P futures (ES) in the present market conditions My trade of the decade is very close to confirming. Last weeks plunge was merely a fake out. Finally we are seeing that when times are good, corruption an in-competence can be hidden as we are witnessing what is happening in Greece... Gold has hit 1227 as I started writing about 9-13-09 (gold strategy). For those of you that followed my gold trade I'm sure that you are doing quite well... Stay tuned for what could be my trade of the decade. This trade could and should last for months and the potential return should be PHENOMENAL! Much bigger than my gold trade... Hope it helps
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