Registered: Oct 2010
11-11-11 06:12 PM
Quote from jas_in_hbca:
well, the 5 min ema was up. i understand what you're saying re: my entry timeframe. I generally feel like i'm chasing if i wait for more confirmation from a sloping ema. It's an entry technique i'm not good at. Yet.
I'll PM you in a bit.
Remember the power of now !!
You must always make decisions inlife based on the FACT that are in FRONT of you at that very moment. that will be the key to help you pull the trigger and do the right thing. There are only two outcomes... either you will be right or wrong.
If you are right you will SEE it as TIME passes... when you are wrong you will SEE it as time PASSES. you have to let TIME to PASS>>>>> In most case you dont let the TIME pass.
If you are right about the trend >>> you should not care about pull backs - they are just natural slumps/reaction ...however a trend will correct these faster that you will be able to pull the trigger to enter.
When a pull back has started - your mind starts to USE information from the PAST >>> right? at this moment you are not focussed at the PRESENT which is that price is declining.
read my old PM on hypothesis again. its a simple concept to understand however tuf concept to "GET IT and Implement".