The moment you eliminate that feeling of “I MUST ALWAYS BE IN A
TRADE” is the moment you will start to see results Far too many
overtrade/force w/ no quality setup No, you don’t always need
to be a in trade You need 1 sometimes to make your week, or even
month
Most of the movement occurs during the first and last hour
(overnight) for trading
Posted by mastermind on 7th of Jun 2022 at 01:43 pm
Well, that's me you are talking to, and I own it. But it's also
true that even in choppy markets there are opportunities. Coal
stocks are making a decisive move today after a period of
consolidation. I bought HCC and also a steel stock, TMST, that
broke out to a new high from a good looking pattern. Sure, these
could reverse, but I think the reward to risk is favorable.
Great Comment Here
Posted by steve on 7th of Jun 2022 at 01:24 pm
The moment you eliminate that feeling of “I MUST ALWAYS BE IN A TRADE” is the moment you will start to see results Far too many overtrade/force w/ no quality setup No, you don’t always need to be a in trade You need 1 sometimes to make your week, or even month
Most of the movement occurs during the first and last hour (overnight) for trading
Well, that's me you are
Posted by mastermind on 7th of Jun 2022 at 01:43 pm
Well, that's me you are talking to, and I own it. But it's also true that even in choppy markets there are opportunities. Coal stocks are making a decisive move today after a period of consolidation. I bought HCC and also a steel stock, TMST, that broke out to a new high from a good looking pattern. Sure, these could reverse, but I think the reward to risk is favorable.
Thats why I like the
Posted by srusso1 on 7th of Jun 2022 at 01:26 pm
Thats why I like the system trades
eventually one of these days
Posted by matt on 7th of Jun 2022 at 01:54 pm
eventually one of these days I'll add IWM and QQQ to the system mix
Maybe SOX would make sense
Posted by simple_million on 7th of Jun 2022 at 02:12 pm
Maybe SOX would make sense for the system mix, especially in a bear market with their high beta and volatility.