Scalping Fool


This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com


I had a rough day yesterday, to the tune of minus R 9. My feeling was of trying to catch up. I wasn’t looking for momentum moves, 2 B tops, or 2nd time through trades….I was trying to dig myself out of a hole I made from trading the open. I was trading chop, trying to guess tops of swings. The very thing I swore I wouldn’t do. I looked for a good trade to post, I found one, out of 30 or so. Then I felt sorry for myself and ate chocolate instead of posting it. I knew a day like that would come. And I welcomed it…. after I pondered my lessons. I need to concentrade and trade the charts. Plus R 2.8 today. I was down for most of the day, but I was calm, and looking for quality setups. So, day 8, and I am still up R 10.7 trading the indices. Charts on the weekend….of what I saw today. Discipline = moola.


This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com


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