It's not about who's right or wrong. I was merely pointing out that there are alternative points of view and different styles. To each his own. There is no right or wrong approach to the markets, only what works for you vs. what works for me. I think it does a disservice to those who are newer to trading to hear absolute statements that any one methodology is right or another is wrong. For years I took statements such as what you wrote earlier too seriously and tried to trade a style that didn't fit my personality & it cost me a lot of money. Now I know that with sound money management, just about all methodologies can be equally valid. Trading volatile markets works for some. It doesn't for others. Had I tried to trade your style today instead of my own, I would have missed out on my most profitable day this year.