Replies to post #54487 on SPDR S&P 500 (SPY)

[be]

Been trading Financials ( C 16.8, BAC 22.6 and UYG 19.6 ) deadcat bounce , buy bottom , made a buck , sell... then buy bottoms again (until the bottom is broken). Atleast I know there is a floor(low risk trades) .




Thanks, be .

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 (bobjack) .