Tuesday 18 May 2010

Cyclical Nature of Trading.


Hi Everybody,

Well, we have had a good run of profitable trades recently, so it was about time that we should have a few losses come though. This is just the Natural Cyclical Nature of Trading. And yesterday was a hard day on the US e-minis. Hard days do unfold when trading, any Guru who does not tell you this is lying, or not a trader themselves.

This is where it was good to be an Advanced Trader, where an appreciation of the "larger degree trend" would have helped, please see the Advanced posts.

Thanks, Steve