If I'm the "weakened animal" Satyajit Das is talking about in Traders Guns & Money then I guess I'm ok with it. Although I could be the hyena, no let the institutional traders be hyenas, I'll be the wolf.
The reality is I'm too small a trader for anyone to notice, and that's just fine by me. I'm not leading the market, I'm following. Unfortunately that does make me look more like a hyena then a wolf.
Oh well.
1 Minute Soybean Charts
2 Minute Crude Oil Charts
5 comments:
The magic blue bars on beans and oil...nice trading Solfest!
Thanks DT.
I am catching most of these moves, the key for me is can I stay flat when this volatility comes to an end.
No blow up days, no revenge trading. Take what my system and the market gives and stay patient.
That is why I am limiting the number of live trades I take in the day. I have the risk reward down pat in each individual trade. It's the daily/weekly/monthly stats I have to watch.
I'm talking to myself here.
As long as you don't answer yourself it's okay. :-)
Nice trades Sol. Blue sure looks good :-)
Thanks NQJ. Trading in a powerful trend makes you look smart.
Trading without a power trend..... not so much.
I've done both.
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