Focus your mind, manage emotions, go with the flow.
Friday, January 30, 2009
when markets fall this much remember to take profits as gravity usually comes into effect. you can always enter the trades again when momo returns or trade the pullback, or dead cat bounce
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.
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