Jumat, 03 September 2010

Luck or Good management?

I went into today's number short, covered on the dip and sold it again on the pop. Luck or Good management? Just reading the order flow and momentum. These are trades that are the result of looking at the picture. The trade looks obvious to me as I watch the market. When teaching the pictures to Kiki and to the newer students, I talk about reading the market action and using the indicators to confirm what I am already seeing.

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