I am back again... Crystal ball here.... Take it or leave it. Spy will..

Thor said:
85% of the time the market is moving sideways and going nowhere.
Only 15% of the time is a trend in play.

Rule #1 - It's very hard to lose in a trend. so thats where I always want to be
R:R needs to be as high as possible which only trends can offer.
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vincentnyc said:
there are different traders out there. you have to find your personality that fit with the market. when you said the market which market are you talking about? you can find trend anywhere (different type of stocks, bond, currency, future, forex, bitcoins etc.). you just have to know how to filter your trade and enter based on your signal.
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True. Actually, I tend to do better in sideways markets. In trends I get nervous about how much longer the move will last and I jump out too soon. Then I have trouble jumping back in. In trading ranges it is more clear to me where to enter, and in trading ranges you are SUPPOSED to get out early. It's like what Arnold Palmer used to say about playing in sand traps- it is the only shot in golf where you are supposed to miss the ball. I play pretty well in sand traps, too.
 
EminiMizer said:
True. Actually, I tend to do better in sideways markets. In trends I get nervous about how much longer the move will last and I jump out too soon. Then I have trouble jumping back in. In trading ranges it is more clear to me where to enter, and in trading ranges you are SUPPOSED to get out early. It's like what Arnold Palmer used to say about playing in sand traps- it is the only shot in golf where you are supposed to miss the ball. I play pretty well in sand traps, too.
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Do not jump back, dude, unless you sure you can do that. Be patient.
Remember, OMG, it is so pathetic. You never buy on min and sell on max.
When I quit, it’s always climbs up.
Moral: you made a profit, RELAX!!!
 
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