Only Trade When Sure

[healthynfit]

The index futures are irratic. I find it best to wait and not trade until you see exactly what they're doing and you are sure of the direction. It's worth wating. . . rather than taking stupid losses.
Bruce
E: healthynfit@sympatico.ca

 

[EdgeHunter]

I agree...

Like Will Rogers...

I only buy futures when they go up... If they don't go up... I do not buy them...

 

[gnome]

Quote from healthynfit:

"... find it best to wait and not trade until you see exactly what they're doing and you are sure of the direction...."

LOL... and just when IS that?

 

[healthynfit]

Yes. . . I only buy when the long trem & the mid term are in an UP trend. . . . then I look for a buy entry off of the short term chart . . . using EMA's and oscillators that turn (in the direction of the trned).
B

 

[Spectra]

bravo!

Quote from healthynfit:


The index futures are irratic. I find it best to wait and not trade until you see exactly what they're doing and you are sure of the direction. It's worth wating. . . rather than taking stupid losses.
Bruce
E: healthynfit@sympatico.ca

 

[cold]

Quote from gnome:

LOL... and just when IS that?

 

[syswizard]

Quote from EdgeHunter:

I agree...
Like Will Rogers...
I only buy futures when they go up... If they don't go up... I do not buy them...

NOOOOOO.....that only applies to trading up till last October, now it's:
I only Sell short futures when they go down... If they don't go down... I do not sell them short...

 

[healthynfit]

As I said, only in the trend. . .