on a day like this

I think he means we won't see a reversal, and even if we do, we will end the day with a move down on the NQ. Not that it matters...just trade what you see rather than predict what will happen.

-FastTrader
 
reversal: Oh, yes an attempt.
trade what you see: You might be a bit late, but if it works out for you, that's just fine.

IMHO: You have to anticipate in order to have an edge. So I'm ready to short into strength on the upside. :p :p
 
The future market is that difficul that you have to anticipate the moves. Sometimes that is possible.

If you are trading very disciplined even with stop- loss, IMHO you are lost if you can't anticipate moves.

Why does your broker recommend to use tight SL? Ever thought about that?
 
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