the londonkid report

Status
Not open for further replies.
Chris Mac said:
Romik, I used to be like you. When I was in doubt, my guts told me how to react.
I am an instinctive guy, and it helped me a lot of time.
But gut feeling is not an edge in financial markets, because if markets are volatil, you interpret them with emotions and don't let the markets tell you what is happening.
I trade better when I don't anticipate but just analyze. And if common sense / gut feeling are in line with my analysis : I pyramid my trade and bet more.

CM
More...

I didn't mean I trade based on gut, I trade patterns, but when there are conflicting signals, you either hedge (my current position) or stand back for a while. Sometimes though, best decisions in life are based on gut instinct. You just have to manage risk.
 
Chris Mac said:
Example of today's trade : short NQH6 @4162, stop loss @4177.
No emotion. Low risk. High reward if I am right.

CM
More...
Funny...I'm short NQ 4161 and TF 1003.7
Targets NQ 4108 TF 992

See what happens
 
Last edited:
Status
Not open for further replies.
Back
Top