trend trading
I agree with you in general Ricex, top and bottom picking can be delicate and/or stinky affairs, very often it will come down to the individual. Again the compensation element appears..."I missed the trend, I will get some the other way then get back with it"...however it must be...
1 more thing
Also I saw someone mention people not thinking for themselves...I would like to just say that there is a whole boatload of analysis that comes out everyday from technical & fundamental analysts, trading services, the blogshere, the social media, thru text chats with other traders...
bias versus execution
The bummer here is sir pips has been bearish on the euro when it was was at its highs in december. After getting chopped down on a number of atttempts short over the past year, I guess he was waiting for more confirmation. Well u know forex, now u see it now you don't...
eur/gbp
Super call sir pips...how much follow thru do you think this trade will have next week, I read that usually the last day of the week the uk sends money to the eurozone, so this might have helped this trade.
ES trade yesterday
No mention of the Indices trade from yesterday...of course it is great when you get it right, but at least a little acknowledgement that it was wrong.
From yesterday
"On stocks, there was an early rally RIGHT to 1220 barely hitting my 17 point TP on my futures trade...
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