Great article:
http://wallstcheatsheet.com/
This article helps explain some of the frustrations i had in my personal trading these past 2-3 weeks. I think that smaller positions and widers stops are going to be the norm going forward on many setups in order to achieve more consistent trading results.
Remember what I said about 6 months ago ... We are going to have a very volatile market for the next 3 to 4 years. Traders stand the best chance of doing well should they be able to adapt and have discipline.
ReplyDeleteI agree with you, exact levels regardless of the bid/offer size at the number will not hold but the area will.
ReplyDelete