Hi Stavro,
thank you for your quick reply. I absolutely agree that spike trading is risky. I was doing it myself some time, made nice money but then my broker cut me off. I then had to take on a regular job:).
When it comes to you recommendations, you are right, I did not think of retracement...
Hi Stavro,
I do not want to discourage you but do you really profit from your recommendations? I mean you almost always recommend trading after the retracement in the original spike. I have seen couple of historic charts but found very few retracements near 30-50% levels.
It seems that a...
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