Replies to post #54190 on SPDR S&P 500 (SPY)

[be]

bobjack , I say... this is the best advice on the entire Ihub boards , I respectfully request your approval to use it as my signature line .

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Bobjack : ..The ideal trade is when the short term trend is with the long term trend .
The more time frames that signal a "same direction trade" simultaneously, should lead one to expect a higher rate of success..
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Thanks, 359

Stay alert ! get out if wrong

Some days you've got it & some days you don't. Recognize the "Don't got it Days" & stay out. (omadan)

It is better to take a small loss than to wait for it to become a profitable trade. (Dr. Farooq)

[GLENO34]

bob..Absolutely right..It is especially tough when trying a counter trend trade in a VERY STRONG trend..