The trades represented less than 2 percent of TLNW, so I felt that it would be best to use a size commensurate with normal swing trading so as to best mimic the normal emotion process.
Staying on the sidelines right now. I will be looking for the next shorting opportunity as the market resolves this bounce.
Maybe 940 is the place to short again. here what I have atm: long term trend is down under 1140 mid term trend is down under 980 short term trend is down under 950
But my friend, don't u think that all u did was confirm that u are a very good position trader and perhaps not so good in short term trading, I guess the confusion comes from not being able to understand why try and change a good system & secondly, why stake that much? Emotional reasoning is all good and well but I doubt that 20 lotters made u sweat that much, try 100 lots next time maybe
As long as 890-92 holds, it might not be fake. 910 next impt level. Then to the gap.. then close above 940. Do I sound like a looney?
Have any idea where the HOD might be? This damn market has been trading so sloppy for the last 4 weeks, I feel like an idiot in this so-called final frontier.