Yep good points, you have to be aware if the market is trending
or is not trending:
When the market is trending, you can set wider stops and let
your positions play out more, but when the market is consolidating,
you need to take profits more quickly. Currently the market
is consolidating, so it's really that simple.
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Yep good points, you have
Lesson's Learned
Posted by matt on 26th of Aug 2008 at 06:04 pm
Yep good points, you have to be aware if the market is trending or is not trending:
When the market is trending, you can set wider stops and let your positions play out more, but when the market is consolidating, you need to take profits more quickly. Currently the market is consolidating, so it's really that simple.