Letâs change this volcano/ virgin thing up a bit⦠What if the volcano a metaphor for the mktâ¦. and the virgins â traders (whether they be â newbiesâ¦, wannabesâ¦, those who canât get itâ¦, or those whoâve lost it (mkt does evolve) And the Pièce de résistance â all willingly submitting themselves for sacrifice (some repeatedly) ================ So..., who ultimately ends up with the virgins â profitable traders RN
Monday morning replay ......break even ...mainly because of not pulling the trigger on one set up ...with my history I see breakeven as a VERY good thing .
Regarding your exit, once you're comfortable with this, if you're not already, consider trading at least two contracts. You can then leave one toe in the water until you get a signal to trade in the opposite direction.
Weekly lesson for beginners. I wanted to keep going, but ran out of room and had to delete the last section of the chart in order to fit all of the text in. Tried to stray a little closer to praxis vs. theory than I did last time. Comments and questions are welcome as always. Edit: Cleaned up the chart a little bit.