Greenhorn do good today.. 9+ points. Ironic.. yesterday 50 point S&P move, lost a fortune, today 1/3 the day's range, did well.. I may not like mad activity.
That chart would make my head spin in 6 different directions. I will pass on some valuable information that when viewed you will be like why couldnt I see this 6 months ago .... www.donmillerjournal.blogspot.com
Quite inspirational. I will study that in much further detail later. You are Mr. Miller I assume? What aspects of the chart are causing you stress? Sounds like you scalp and larger trends are irrelevant to you...?
Your post is worth a million lessons. Shake it off and see if the trend continues in the afternoon session, or just relax and get ready for tomorrow. P.S. Make sure you note everything you did wrong today in your trading diary (in detail), so the lessons will be learned and reinforced <strike>for tomorrow</strike> forever more. Good trading
One more thing. There's no point in having the MACD on your chart if you aren't going to use it. You should either respect it's trends or toss it.
I hope detailing these will help Greenhorn... I am starting to think a few 3 point trades are a better way to do well in this. Perhaps I should be an Ant rather than Grasshopper?... Ants grind small steps rather than big jumps.. possibly into a Frogs mouth... -412.5 today.. You look at the chart inn hindsight and it is a beaut!...