Hi Everybody,
After a nice run if good and profitable trades, it should have been no surprise that we have now enter the difficult part of the trading cycle, As you should all know by now, this is just the “Natural Cyclical Nature of Trading”.
The larger degree trend was not that clear on the 15min ES yesterday, although a down basis as favoured. The 3min ES had a number of sells, the first would have at least been break-even. The second, later in the day, would have been a -1R loss. Yes loss can and do occur when trading. Any vendor who does not mention Loss is not a real trader !
So, Yes, yesterday was a hard day, these do happen when trading. At MTPredictor we look at the “Good, the Bad, and the Ugly” of trading, i.e. the way it unfolds in the “real world”. Very few vendors do this.....
Thanks
Steve
After a nice run if good and profitable trades, it should have been no surprise that we have now enter the difficult part of the trading cycle, As you should all know by now, this is just the “Natural Cyclical Nature of Trading”.
The larger degree trend was not that clear on the 15min ES yesterday, although a down basis as favoured. The 3min ES had a number of sells, the first would have at least been break-even. The second, later in the day, would have been a -1R loss. Yes loss can and do occur when trading. Any vendor who does not mention Loss is not a real trader !
So, Yes, yesterday was a hard day, these do happen when trading. At MTPredictor we look at the “Good, the Bad, and the Ugly” of trading, i.e. the way it unfolds in the “real world”. Very few vendors do this.....
Thanks
Steve
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