Trend Days
Posted on October 29th, 2009
Written by Richard
Posted in: N/A (old archives)
Days like this are when you are supposed to be able to make your full month’s take with ease. Since many of you didn’t, now’s a good time to ask yourself “why not?” The market never once tried to reverse, so why did you keep shorting into it? At the time, what made you think that was a good idea? What were you feeling that may have influenced you?
It’s only by asking these kinds of questions, and working out our personal answers, that we become better traders.
I’m using bigcharts for this chart because I’m on vacation and away from my trading workstation for the most part (click chart to enlarge):
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© 2010 Richard Todd. I am not a financial advisor, and nothing on the site should be considered investment advice or actionable recommendations. I'm just an individual, saying what I think, and sharing my experiences.