Lots of *braiding* back & forth among lower highs :
Trading above the highs :
Approaching major RESISTANCE *zone* :
broke the highs :
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
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 :
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
Posted this before; if *you* don’t like history, Michael Covel is pretty cool :
trend trading link
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 ;-)
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 ☁ ☼ ☁
Sitting tight may cause boils, constipation and hemorroid. You may sit tight but pyramid while sitting :-D
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