Potential setup in Copper, March 2018 contract. If it breaks $3.12, depending on the today’s low, it can be a 10-to-1 reward-to-risk trade, if it hits $3.28,…… Read more “Copper’s falling wedge, 10-to-1 reward-to-risk potential”
Month: November 2017
Trading is not investing
Stop calling trading “investing”. You can invest in a trading business, but the business of trading is not investing. An investment is expected to go up. You…… Read more “Trading is not investing”
Don’t fight the trend
I’ve seen so many traders calling the next reversal and probably loose their shirts over it. It’s especially difficult to resist the temptation to take a counter-trend…… Read more “Don’t fight the trend”
Get used to go short
Shorting a market apparently doesn’t come natural. Maybe is the influence from the investment world, where shorting a stock is perceived almost anti-American (see here, here, and…… Read more “Get used to go short”
A win, is not always a win
EQUITY RUN UPDATE: $15,375 // + 53.75% since inception (Apr. 2017). If you want sports at all, among the many cliches that coaches express on a…… Read more “A win, is not always a win”
Good things take time, just like price reversals
One-day trend reversals are memorable. They happen so fast that you don’t have time to react, especially if you wait, as you should, for the end of…… Read more “Good things take time, just like price reversals”
Inside the ATR = gambling
There are some who have developed good day-trading strategies that are successful. For the rest of us, trading within a day’s price range is the equivalent of…… Read more “Inside the ATR = gambling”
