whip saw action is severe-very tough

Discussion in 'Trading' started by Warrior4g, Dec 13, 2007.

  1. "this market is a waste of time to trade intraday, it's been like this for months now I wasted my time this week making a tiny trade in SPY to catch what I saw as almost a sure-thing bottom only to see the market plunge 20 S&P points lower . Eventually I averaged down much lower and made money, but the size was so small it was ridiculous."

    what you mean to say is "it's a waste of time because my methodology has no edge in this market"

    this has been a dream market for me.

    don't extrapolate from individual results to generalities. that you might not be able to trade this market might be true. that others can't is demonstrably false.
     
    #61     Dec 15, 2007
  2. gropey

    gropey

    Meh... price goes up






    price goes down
     
    #62     Dec 15, 2007