IMO
No man's land
It's possible I get some very short term setups, but I am careful of what I trade. I'm more likely to get long JPY (yen futures), rather than mess with the constantly evolving game in US equities. I know several traders that scored...
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What I'm doing
Rather than add to the confusion and re-hash the same stories, I'm writing this brief post to share how I'll handle the turmoil. First, current positions are hanging tough, so no action necessary unless stopped out of PGH...
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How to trade: The 3 "S's"
Trading is a game of acting correctly as second nature. As such, it helps to break things down so that you can remind yourself where your focus should be to "keep it simple". This is a theme I continually mention, as it's contributed more to my success than any other factor...
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The only 3 reasons to exit a trade
In my ongoing effort to demystify successful trading, I thought I'd share how I know to exit a trade, whether it's a winner or loser. As always, I'll keep it plain and simple:
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In the driver's seat
It feels like forever since I really got a hold on a great trade, but today I'm hitting all time highs in equity again. Being the end of August, I don't expect strong follow through in any asset class. Recall that I will continue to try the long side on commodities because the long term trend is up...
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