They're trying to keep it rolling , but I'm just reading the charts. I'm a natural contrarian cap. That's how I'm going to make some money. So in this case , looking at your chart, I'm watching for the failed breakout, which btw can bring a nice move with it. A breakout and retest is very possible. Then the slow climb will continue. I'm just going to work with my strengths , personality wise. For anyone reading this post, imo that is why there's so many ways to make money. You just have to find out what's right for you. Then you have to develop a plan , which has to include money management and capital preservation. Forget these two and sooner or later you're done. Define your risk on every trade and set a stop. Do not stray from your rules. If you get it right, like I'm finding, you can get 1 out of ten right and still make money. Just think what will happen when you get on a roll. So that's where I'm at right now. Waiting. But if this thing breaks down, I'm shorting it. With a stop that defines my risk allowance. If everybody thinks it's going up, I'm going to be skeptical. Turns out that's not such a bad way to be. And for the newbies there something else you have to develop after your trade plan. You have to develop your confidence. You have to know that with your plan you are not going to the poor house, you will live again to fight another day, and with your plan you have the odds in your favor to a successful outcome. You need to have, on every trade, a positive expectation. You need to know that you have done everything you can to predict a positive outcome. I used to be real nervous about a lot of things. Someone once told me that the only reason to be nervous is if you have nothing to offer. If you've done your research, practiced your moves, put in your time , then there s no reason to be nervous. So do the proper work it takes to be confident in your choices. There's NO WAY you're going to make money consistently if you're not confident. End rant lol
That guitar sounds awesome Cap. Hate those payments too, but music. Man that's one of my loves. I understand. Sounds like you've got a sweet set up. Thanks for the chart bro and all of the informative post. Probably see you soon.
AI
