Last week, the week of the 400 point DOW meltdown, was the week I've had trading since the online collapse of 2000. On Tuesday, I woke up discussing the concerns of it carrying over to our markets and China fiasco. Certainly stops would be triggered. Where would the marketplace stop for a breather? It was anyone's guess. Not being a lover of stops - I thought my mental stop strategy would work in my favor. My preference is to place mental stops if triggered and close out positions in the close. This is a technique I use to take the emotions from my trading strategy.
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Alright we have got the background. Let's proceed with the on-screen talent. All greens, brown and khaki's are no-no's. They've next page a tendency to become transparent. Patterns need to be avoided also.
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Yep.
Everywhere. Look at the paragraph that started with"A quick note here:" That describes an awful lot of kinds of opportunities does not it? So does not it follow they're everywhere?