Yesterday was another tricky day, especially in the morning, were we had a -1R loss on the 3min YM.......... Losses can and do happen. It is important to show losing trades, so you all understand how to keep these small. There are too many trading companies that never talk about losses. Here at MTPredictor we are different, we understand how the markets really work, and that losing trades are part of day to day trading. The trick is keeping them small.
But things got a lot clearer later in the day after the low was made around midday, see next post....
Thanks, Steve