Another huge intraday range today

Discussion in 'Trading' started by makloda, May 7, 2007.

  1. again, if you can't trade days like today, the fault lies with YOU not the market. the market is what it is.

    days like today are eminently tradeable.

    you gotta stop trying to get the market to fit your preconceived notion of what a good trading environment is, and recognize the state of development that the market is in - and TRADE it as it comes.

    there were several VERY tradeable moves in the market today, clearly defined support and resistance and very little institutional action, which gives any knowledgeable trader the keys to trading the environment as it is.

    if you are expecting vertical development, you will be dissapointed. but whinging about today's range is ridiculous.
     
    #31     May 7, 2007