when the bulls are geared up (ie see yesterday big gapper up), the morning lows, any lows, are usually bought h-a-r-d. ie the 1030 low. ie \/ formations like to form. coming in short (me) you want to prep your mind for that and be ready to switch teams.
70% of the time if you are right ,it's very hard to recognize the other 30%,can make you too sure of yourself, which in turn can make your head a liability in trading,have to make your head and market in sync,you posting rude comments hints at stubborn contrarian nature,aside from the social aspects,who cares,the head to market correlation has to be fine tuned to maximize your trades,profitability, could have covered shorts at 63.5 area where i postred i was bidding in 61.75-62.25 area,didnt cover and spus ran to 67.75,point being strict targets rather than fuzzy targets can work against you,same as being to sure of yourself,market doesn't care about your position or how skilled you think you are ,it can always surprise you,thats why soft targets are better,the market will always have more information sooner than we will, was filed on shorts at 68 while typing this
satch, please do not quote this moron. I should say "proven moron" to be fair. By quoting, it renders the otherwise effective "ignore" feature useless. Thanks in advance.