OK, now we know that sells where the trade to be looking for, you can see that we had a TS4 sell that resulted in a -1R loss. Yes losses can and do unfold. But this was then followed by a DP sell that nailed the high of the day !!
The YM then declined nicely, to reach the first projected profit target, where a nice +2.8R Profit (ignoring slippage and commission) was available.
Please remember, there are three stages to the way markets unfold (natural Cyclical Nature of Trading), the good part (when we get the big profits), the bad time (when losses come through), and a quiet time (when we get small profits and some losses). We are still in the quiet time at the moment. There are too many amateurs who expect big profits every day, this simple does not happen in the “real world”. For more into please see this PDF
http://www.mtpredictor.com/support/documents/How%20Profits%20and%20loses%20unfold%20in%20the%20real%20world.pdf
Again, MTPredictor is one of the few software companies that give you “real” education on how markets “really” unfold.....
Thanks, Steve
The YM then declined nicely, to reach the first projected profit target, where a nice +2.8R Profit (ignoring slippage and commission) was available.
Please remember, there are three stages to the way markets unfold (natural Cyclical Nature of Trading), the good part (when we get the big profits), the bad time (when losses come through), and a quiet time (when we get small profits and some losses). We are still in the quiet time at the moment. There are too many amateurs who expect big profits every day, this simple does not happen in the “real world”. For more into please see this PDF
http://www.mtpredictor.com/support/documents/How%20Profits%20and%20loses%20unfold%20in%20the%20real%20world.pdf
Again, MTPredictor is one of the few software companies that give you “real” education on how markets “really” unfold.....
Thanks, Steve
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