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Lots of *braiding* back & forth among lower highs : 

Views: 476

Comment by Lisa on December 5, 2012 at 8:24pm

Trading above the highs :

Comment by Lisa on December 6, 2012 at 1:43pm

Approaching major RESISTANCE *zone* : 

Comment by Lisa on December 11, 2012 at 12:27pm

broke the highs : 

Comment by Peter jcp on December 11, 2012 at 12:35pm

I can see you have been in your buy prior to December Lisa and have made some nice pips so far - Well Done - regards Peter

Comment by Lisa on December 11, 2012 at 12:55pm

Thank-you Peter,

implementing Jesse’s philosophy of, "It never was my thinking that made the big money for me.

It always was my sitting."

Start Small, Dream Big, Grow Deep :

Comment by Peter jcp on December 11, 2012 at 1:16pm

You know how much I love Jessie and history Lisa - so in hindsight would have to fundamentally disagree with all of Jessie's view's - even though he is a Legend ;-). But if its working for you in the 21st Century - excellent ;-) keep gathering those pips and compound you way up all the way to the top - GL

Comment by Lisa on December 11, 2012 at 1:46pm

Posted this before; if *you* don’t like history, Michael Covel is pretty cool :

trend trading link

Comment by Peter jcp on December 11, 2012 at 1:51pm

Times changed with HFT - and some new tricks even the regulators have not stumbled upon yet Lisa - still we are in a game so if anything works over 50% of the time - with great MM you can make money with it - but then Investors never really understood efficiency ;-)

Comment by Lisa on December 11, 2012 at 2:05pm

Studies have found that win / loss ratios alone won’t do it ...

and R/R needs to be substantial.  

Remember, it’s not being right ~ it’s sitting tight. [̲̅$̲̅(̲̅1̲̅)̲̅$̲̅] ٩(-̮̮̃•̃)۶ 

Also, lot’s of mouse clicking isn’t the most efficient way to make money in the markets either.

One trader said, “if you like action, get a video game”.

Overtrading can result in "death by a thousand cuts".

No matter how flat a pancake is, there’s always 2 sides ~ Peter.

~ always good to get another perspective ...

Have a good day  ☁ ☼ ☁ 

Comment by Sundaram on December 11, 2012 at 2:12pm

Sitting tight may cause boils, constipation and hemorroid.
You may sit tight but pyramid while sitting :-D

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