Profit Taking and Retreat

[tradingjournals]

When would it start, and what would be its size? When: Next month, next week, this week, tomorrow, or now with qqq at 61.17.

 

[Maverick74]

Quote from tradingjournals:

When would it start, and what would be its size? When: Next month, next week, this week, tomorrow, or now with qqq at 61.17.

Is English your first language? Third?

 

[Wide Tailz]

Quote from tradingjournals:

When would it start, and what would be its size? When: Next month, next week, this week, tomorrow, or now with qqq at 61.17.

"How will I get in after it starts and how will I minimize my downside if I'm wrong?"

 

[N54_Fan]

Quote from Wide Tailz:

"How will I get in after it starts and how will I minimize my downside if I'm wrong?"

Kudos to you Wide Tailz! That is the exact question we should be asking. A traders job is not to PREDICT but to get in a move in whatever direction as early as possible. The key is to not be too early and to minimize his risk if he is proven wrong.

 

[Wide Tailz]

Not all of us in here are traderz.

 

[Lucrum]

Quote from tradingjournals:

When would it start, and what would be its size? When: Next month, next week, this week, tomorrow, or now with qqq at 61.17.

Since you do not have a trading account, why would you care?