Dick Lexic
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anyone know about elliot wave? are we on a 5 down or a 3 up?
anyone know about elliot wave? are we on a 5 down or a 3 up?
So it looks like a false rally until friday and then sell whatever Bernanke says. I somehow think that the prelim GDP number at 1:30pm on Friday may have more of a say in it.
A bit like this praps...arf arf.
Well, if anyone works with the news how about Steve Jobs resigning from Apple for health reasons, this morning? I am curious about what that will do to the market.
MartinC-J, dc200 and others... thanks for posting your opinions and trades. I feel that I can read the markets to a fairly good degree, especially the dow, but I tend to struggle with nerves a bit, and don't make many trades, and they are often short in time. I hope that by comparing your views with my own, that I'm able to have more confidence and conviction to trade. Just to say that your views are appreciated, and hope you continue - it really helps.
A bit like this praps...arf arf.
Higherorlower - You are not alone. What you are going through is very normal for traders, especially if you have a limited supply of funds. I have no problems making trades on the sim, but when I go live I tend to have inertia. If you have confidence in your ability to read the market structure correctly and not enter trades on a whim, then over time you will become successful. The markets recently have been quite difficult to trade, so don't beat yourself up too badly.