Well, you got to take what the markets give... if you are buy the dip trader, buying y'day dip could have given you 50 or so S&P pts, is that too small for you?These little retrenchments are nothing
If 50pts is nothing then I guess you took the whole of 2017 off as 5 to 6 pts in a day was all the market gave all year. Do the maths, even a market that crawls all year, a buy and hold investor gaines on average 500pts on the year, a trader that takes 5 or 6 points every day can triple that. so even 5pt move is not "nothing". Besides, you can scale... if you want 50pts profit on a near flat market then do 5 contractracts at once. If you're waiting for the 100pt dips to tade, you might well be buying into a correction unless a black swan caused the dip (a TA signal might not differentiate between the 2)
