We are traders and masters of risk. When you become pro you stop over analysing and all you do is sit there, and wait, and wait, and wait some more until you find the perfect trade. What I am saying is that the market makes all the decisions. Our only decision is to listen, feel, and respond to the market’s siren. Always and without exception. Remember, the market never lies. It is only we who lie to ourselves.
Tuesday, November 19, 2013
Good time to be sitting on your hands now!
The market has been very inefficient starting this week. Any swing trading setups are not following through. A lot of instruments are going sideways. However you might be able to find some trades on the lower times frames like the 5 min. However I would not advise you to trade the lower time frames if you don't have experience and good risk management.
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