CYOF
Experienced member
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To be fair - I will post a little chart - but I will not do this too much - as I do not have the time now - as I am also trading Options now - thanks to Bulldozer - who knows his stuff very well indeed.
This is my opinion - take it as you like -for what you think will have have no impact on how I think, and how I think, determines what I get :idea:
AXP - Trade No.1 > good sell opportunity in first 30 min as Market was heading DOWN - NOT UP
YOU SELL WHEN MARKETS ARE HEADING DOWN :idea:
FORGET ABOUT CATCHING FALLING KNIVES -as they say - FOR IT IS VERY TRUE :idea:
YOU MUST BE IN CONTROL :idea:
YOU CAN MAKE MONEY TRADING WHEN YOU ARE NOT IN CONTROL - BUT DO NOT EXPECT TO MAKE BIG MONEY :idea:
THAT IS WHY MARKET MAKERS MAKE BIG MONEY - THEY ARE IN CONTROL AT ALL TIMES
As they say - ELEMENTARY, MY DEAR WATSON :idea:
AXP - Trade No.2 > sell opportunity - MAYBE - so small size and tight stop - as MAYBE is taken as LOSS - ALWAYS - DO NOT TRADE MAYBE UNLESS YOU HAVE DECIDED TO TAKE THE LOSS :idea:
HAS ADVANTAGE THOUGH - IF MAYBE OK - YOU CAN ADD QUICKLY FOR FAST PROFIT - BUT AS MAYBE IS IN MIDDLE OF DAY - MAYBE HAS VERY SLIM CHANCE UNLESS YOU HAVE PATIENCE - SOME MAYBE A LOT - AND WHAT YOU EXPERIENCE IS CALLED WHIPSAW :idea:
REMEMBER QUASIMODO - TOUCH HUMP TWICE AND GOLD MAY BE TAKEN BACK - HE MUST BE DEAF - REMEMBER :idea:
Conclusion:
Timing is everything - remember - always.
TIME = MONEY.................LITERALLY
MOC can give back BIG money to HUMP :idea:
CONTROL - CONTROL - CONTROL
Just my opinion mind you :idea:
Slainte,
This is my opinion - take it as you like -for what you think will have have no impact on how I think, and how I think, determines what I get :idea:
AXP - Trade No.1 > good sell opportunity in first 30 min as Market was heading DOWN - NOT UP
YOU SELL WHEN MARKETS ARE HEADING DOWN :idea:
FORGET ABOUT CATCHING FALLING KNIVES -as they say - FOR IT IS VERY TRUE :idea:
YOU MUST BE IN CONTROL :idea:
YOU CAN MAKE MONEY TRADING WHEN YOU ARE NOT IN CONTROL - BUT DO NOT EXPECT TO MAKE BIG MONEY :idea:
THAT IS WHY MARKET MAKERS MAKE BIG MONEY - THEY ARE IN CONTROL AT ALL TIMES
As they say - ELEMENTARY, MY DEAR WATSON :idea:
AXP - Trade No.2 > sell opportunity - MAYBE - so small size and tight stop - as MAYBE is taken as LOSS - ALWAYS - DO NOT TRADE MAYBE UNLESS YOU HAVE DECIDED TO TAKE THE LOSS :idea:
HAS ADVANTAGE THOUGH - IF MAYBE OK - YOU CAN ADD QUICKLY FOR FAST PROFIT - BUT AS MAYBE IS IN MIDDLE OF DAY - MAYBE HAS VERY SLIM CHANCE UNLESS YOU HAVE PATIENCE - SOME MAYBE A LOT - AND WHAT YOU EXPERIENCE IS CALLED WHIPSAW :idea:
REMEMBER QUASIMODO - TOUCH HUMP TWICE AND GOLD MAY BE TAKEN BACK - HE MUST BE DEAF - REMEMBER :idea:
Conclusion:
Timing is everything - remember - always.
TIME = MONEY.................LITERALLY
MOC can give back BIG money to HUMP :idea:
CONTROL - CONTROL - CONTROL
Just my opinion mind you :idea:
Slainte,
