Dang text box in the photo gets covered by the action but here is what I had in it.
Some thoughts on this... I would have probably entered into this trade if I had still been trading at this time.
You have 2 choices...you either set a stop loss at the previous swing low...or you ride this bull naked with no stoploss.
Why would I ride naked...Dang text box in the photo gets covered by the action but here is what I had in it.
Some thoughts on this... I would have probably entered into this trade if I had still been trading at this time.
You have 2 choices...you either set a stop loss at the previous swing low...or you ride this bull naked with no stoploss.
Why would I ride naked besides liking the feel of my balls in the breeze?
Momentum & direction...when I am green on the 6 hr, 4 hr, and 1 hr then I am betting on direction will overall head to the upside.
If you notice...it does not fall by much...that is the power of direction. But then while I was writing this up, I took the last trade in the screenshot and rode it up to an 89% profit.... ka-ching! BOOM!
Isn't trading fun?
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Thanks for showing explaining that and after I watched your latest... Show more 1 year ago