I'm not a day trader, so I have to wait for good swing set ups.
These have been few and far between, so my strategy is to do
nothing. It get's frustrating to sit in cash while things
rocket to the moon, but I take comfort with a few wins while
avoiding a big mistake.
Cash is a position, and its better than churning your account
(if you can avoid it).
I'm not a day trader,
Brutal market trading
Posted by oops1e on 1st of Aug 2013 at 03:58 pm
I'm not a day trader, so I have to wait for good swing set ups. These have been few and far between, so my strategy is to do nothing. It get's frustrating to sit in cash while things rocket to the moon, but I take comfort with a few wins while avoiding a big mistake.
Cash is a position, and its better than churning your account (if you can avoid it).
Good luck!
sine wave pattern
Posted by roger on 1st of Aug 2013 at 04:05 pm
every market has a pattern
https://stockcharts.com/h-sc/ui?s=$SPX&p=30&b=9&g=5&id=p71926261988&a=310935418
trade with bias toward the positive divergence ( macd above price )
fixed
Posted by roger on 1st of Aug 2013 at 04:07 pm
or negative divergence ( macd below price )