Wednesday 26 May 2010

A hard day


Hi Everybody,

It was a hard day for the Standard Traders among you. As you can see, there were a number of losing trades on the 3min YM that were “with” the STF trend. But still, even at -2R ( 2 losses) this was still small when compared to the recent Profits we have had. Remember, losses will always happen when trading, the trick is keeping them small.

But, this is where the Advanced Traders among you had an advantage yesterday, as you were able to look at the “larger degree trend” using the 15min Charts, please see the Advanced Blog post....

Thanks, Steve