Quote from Buy1Sell2:
All trades, whether position, swing or intraday should adhere to the same philosophy: Winners are left to run and losses are cut to a minimum. This is where the money is. One does not need a high percentage of winners on any time frame--rather, they need bigger winning trades than losing trades.![]()
Quote from JimmyJam:
OK, I personally agree with you.
When the winenrs come in on some of these extended moves in any of the indices (but particuarly something like the ER) it looks like you've been taken to traders heaven.
But the last couple'a sessions of sideways chop - lucky to bail at breakeven - days can really try one's patience and fortitude.
Hmmm, looks like I just answered my own thought.
Good trading,![]()
Jimmy Jam