Being early is just as bad as late. In fact, I think being early is worse. Being late at least gets you some of the move. Being early in an irrational market, nothing is worse.
Again % fades that have worked in the past. You would be surprised how the same setups work over and over.
QUOTE]Quote from trackstar:
Being early is just as bad as late. In fact, I think being early is worse. Being late at least gets you some of the move. Being early in an irrational market, nothing is worse. [/QUOTE]
Being early is just as bad as late. In fact, I think being early is worse. Being late at least gets you some of the move. Being early in an irrational market, nothing is worse.
WHAT EVER IT IS, it is all speculation whether its fading or chasing, there is no right way, no wrong way, it doesn't even mean both will make money, that why perfect practice and knowledge makes perfect performance and street smarts, always use risk control, and when you get the right move just press it, i had 3 long entries on this down move, my longs made 5 points each on the up side, now i think this is the final one, i am looking to press it for 10 points plus, i pick bottoms and tops but only in areas that tell me to, i lose all the time, but very little, you can fade, but don't fade the trend!