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Adios, Hermanos
May 14, 2008 - I'm on the plane leaving Las Vegas as I'm typing this. I wanted to make a little...
I'm on the plane leaving Las Vegas as I'm typing this. I wanted to make a little time for today's post instead of waiting for tonight. Trading has been not-so-fun for weeks now. I am not just talking about the market going up. I'm speaking more to the fact how it was much better behaved from a technical standpoint during the first three months of the year. I really enjoyed my "to-the-penny!" declarations from months of yore. The plane is going to take off any minute, so I'm just going to throw in a bunch of charts I find interesting. They pretty much speak for themselves. I'm sorry I don't have time for commentary.
I'll be back in the morning with more time on my hands. Thank you for swinging by! Discuss this article in the forum. ...thanks
for the trust you've shown in MrSwing.
Disclaimer: Please note that charts and commentary provided by the moderator are for educational purposes only. Any trades placed upon reliance on the moderator’s charts or information is taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading stocks, futures and options, there is also substantial risk of loss and you must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell stock, futures, options or commodity interests. Most trading systems are based on historical formulas which have worked in the past. However, what has happened before may or may not happen again. You can lose all your money trading stocks, futures, and options and you must decide your own suitability as to whether or not to trade. Only trade with true risk capital you can afford to lose. Only trade markets you can properly afford to trade. Properly funded trading accounts typically perform better than those that are not. Never risk more than 2-3% of your account on any one trade. Always define your risk before entering a trade and place a stop to limit your risk. There are no guarantees or certainties in trading. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system’s draw downs. If you are looking for a guarantee, trading is probably not for you. Most people lose money trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. Ironically, worrying about the monetary aspect of trading can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital.
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