Re: Breakout Trading using Time and Sales Quote:
Originally Posted by evostik Hi Amit.
Do you not try and avoid the 'US lunch time' or would you at least recommend the less experienced of us do so?
Cheers
Steve |
I try to, yes. But there have been days where I have been able to get some nice gains in the afternoon. Definitely recommend the least experienced to stay out of it. As you get better at reading level 2, you will likely stay away from weak breakouts...RVBD was another story entirely...momo was decent but it kept reversing as I went in. In the past, that wouldn't deter me from taking more trades on it, but now I know better. So now, I know to stay away from it.
__________________
Amit
|