Take a week vacation if you can is my advise to see the amounts you made in relation To the size of your life style and luck or not doesnt matter the key is to preserve the amounts made i would be cautios against increasing your position size so soon, if the results are spactular woth the position size your trading now then there should be no reason why they cant be again in my experience best increase the position size only when the account becomes so large that the current size becomes like a waste of Time only then you should increase it
Clearly. Will next week's trend be as clear? Only way to know will be to just keep on buying, and see what had happened by end of week. If at the end of the week all longs have failed, then clearly it will have been a bearish week. Clearly.
Never before had a positive week closed. So like I said, I don't want to get excited. You have to learn to operate in all market circumstances.
Indeed. Be cautious next week, because there is actually news coming on Wednesday, 8AM ET. Powell is going to be doing a "webinar" or something. I think he will be out of his element there, and will mess it all up, like he did in Feb 2018, his first day on the job. (Or maybe I am just hoping, hehe. And yeah, there's core retail numbers on Friday, but when Jerome Valentine speaks, people listen!)
don't worry about fear, do what you do. you'll be fine. - "you didn't explain your system, so at this point all one can say is yes, you got lucky." "I only look at the price. I don't use any indicators." does your trading plan contain any other instructions additional to the above? do tell...
I just look at the price I observe possible areas of reversal in supports or resistances I a correct risk management. Fundamental
for swing traders, they can enter but it is far far too late. the first boat has left 2 months ago for day traders, there are opportunities to long and short everyday.