If in doubt...stay out.

When are we ever certain?

I think that one of things that separates good traders from bad is the ability to accept the uncertainty that is inherent in trading/investing. Always have a plan B.
 
lindq said:
One of those old sayings that often rings true. Good to keep in mind in this current market environment.
More...

At least, in terms of long/short positions intended for longer term (week or more) holdings, and without nose-to-screen monitoring. An ADX of anyone's parameters is well below 25 -- "Woof!"

(On the other hand, a VIX above 20?? == $$$! for the option crowd.)
 
Arnie said:
When are we ever certain?

I think that one of things that separates good traders from bad is the ability to accept the uncertainty that is inherent in trading/investing. Always have a plan B.
More...

1. Assess the situation.

2. Make a play on it.

3. Set stop.

Always attempt to "risk a little" while trying to "make a lot".

KISS as always.
 
Last edited:
You must log in or register to reply here.
Back
Top