Tuesday, April 1, 2008

How come we "missed" this rally?

Well frankly , I haven't asked myself this question since I trade set-ups and sometimes those occur too fast for me to get on board as I look for confirmations from various tools.

At least my senses told me to get out the profitable trade and not to wait more.
As a trader , the most annoying thing for me is a profitable trade that closed with a loss.
The market is a complete chaos who can turn around in a second. When you are on track , you need to take the money out of the table. Usually if you don't , the market will do his job while you lose.

I suspect rally isn't over yet but only started. shorting here isn't a good idea.

Good trading

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