correct. But I would say that I am never struggling to survive. This is why I start small with my probe trades and then I add. I didn't have to add today. My ability to stay in the market is my edge over other traders.
I didn't mean struggle to survive, but struggle to make a decent profit by trading against the trend.
day 3 results 2 trades 2 winners 10.5 pts profit. = $525 Total commission= $12.54 Total profit = $512.46
Hi Buy1Sell2, if you got some time left after the close, could you please explain your system more in detail, maybe post a chart? Tia! Saico
sold long and went short 1276.75 --1 pt loss--- stop is now 1280.50 ----playing with different time frames today to get a better feel for what I want to do in the future.
yes - sounds easy - but unlike the streaming water, the market can change its flow very fast. so - to go with the flow (the trend) - you first have to know (find out/guess/etc.) what the trend is going to be in the next minutes/ hours/etc. if a trend is nearing it's end - it (from a physical viewpoint) already accelerates in the opposite direction - and this is something you should first recognize in order to "go with the flow".