Hi Everybody,
It is good to be back, and looking at the charts over the latter part of last week it looks I did not miss much. Quite frankly, the markets have been horrible over the last few days.
Having said that, there have been a few nice trades over the last few days, like the TS3 buy on Thursday in the Russell Index that made +6R Profit (ignoring slippage and commission. But overall, it has been a very hard few days.
As we all know, this is due to the cyclical nature of trading that we all should start to becoming familiar with now. Which means after a few hard days we are defiantly overdue for a few good days very soon now. Many new traders find times like this hard, because they simply do not understand that trading can be hard and frustrating at times. So “welcome to the real-world”, trading does go though cycles and yes it is hard sometimes .........
Thanks
Steve
It is good to be back, and looking at the charts over the latter part of last week it looks I did not miss much. Quite frankly, the markets have been horrible over the last few days.
Having said that, there have been a few nice trades over the last few days, like the TS3 buy on Thursday in the Russell Index that made +6R Profit (ignoring slippage and commission. But overall, it has been a very hard few days.
As we all know, this is due to the cyclical nature of trading that we all should start to becoming familiar with now. Which means after a few hard days we are defiantly overdue for a few good days very soon now. Many new traders find times like this hard, because they simply do not understand that trading can be hard and frustrating at times. So “welcome to the real-world”, trading does go though cycles and yes it is hard sometimes .........
Thanks
Steve
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